This outstanding South Toowoomba opportunity delivers a combined return of $62,715 per annum, comprising a leased commercial component returning $34,115 per annum, alongside a residential tenancy returning $28,600 per annum , $550.00 per week.
What You Need to Know:
Toowoomba continues to rank among Australia's fastest-growing inland cities outside the capital cities.
Positioned minutes from the CBD and on the cusp of East Toowoomba and South Toowoomba.
Both the residence and commercial premises present exceptionally well and have been well maintained.
New roofing and guttering have been completed to both buildings in recent years.
The residence offers 3 bedrooms, 2 bathrooms and a 2-car garage with its own private driveway.
Long term residential tenant in place
The residence has been freshly painted throughout, with sanded timber floors and newly carpeted bedrooms.
Gardens have been freshly mulched with new turf recently laid.
The commercial component is occupied by a long-term quality tenant, secured with a further 3-year lease.
A second driveway services the commercial premises, complete with additional garage space.
Additional Information:
General Rates (1/2 Year): $1,916.61 approx.
Water Access Charge (1/2 Year): $314.95 approx.
Allotment: 567m²
Please note: Austin Brookman Property's representatives have relied on information provided by others and made all reasonable efforts to ensure its accuracy. However, prospective buyers should conduct their own enquiries to verify all details.