32 Frame St, Chinchilla, QLD, 4413 - House Sold on 15 04 2020

SoldApr 15, 2020

32 Frame St, Chinchilla, QLD, 4413

$200,000

861 m²

House

•

30+ days on the market

Sold: Apr 15, 2020

What's around 32 Frame St

Owners Instruction is Simple..... Sell

Solid 4 bedroom brick home built in 2010 on 861m2 block with northerly front aspect. Main bedroom is positioned at the rear of the home and ensuited and walk-in robe. The home has fully ducted air conditioning The 3 other bedrooms have built ins and ducted air. Private Media room at the front Positioned on a 861m2 in a quiet estate Fenced huge back yard with double gate vehicle access Ample room to add a man shed and more. The current tenants would would like a large shed and happy to adjust the rent. This could turbo charge your investment. Long term tenants since 2014 and currently rented at $290.00 per week to 5th of September 2020. TURBO CHARGE this INVESTMENT. The tenant would like a 9m x 7m shed installed in the back yard for his cleaning business. He would pay and extra $100 a week for this shed. Spend roughly $20k for an extra $5,200. Option 1. $290 a week x 52 = $15,080 / $210k = 7.18% Option 2. $390 a week x 52 = $20,280 / $230k = 8.8% The tenants would sign a 3 lease lease with $20 yearly increases. Now that is impressive and worth considering. Contact the Exclusive Marketing Agent Warren Daniells on 0427 468 591 for more information and to inspect. NB: Prospective purchasers should satisfy themselves by inspection or otherwise as to the accuracy of the above details