205 North Street, Rockville, QLD, 4350

For Sale

205 North Street, Rockville, QLD, 4350

$1.435m

594 m²

BlockOfUnits

•

30+ days on the market

What's around 205 North Street

This ENTIRE QUADPLEX shows a whopping 15.54% annual gross short-stay rent yield. Opposite a Private Hospital.

SHOWING A WHOPPING 15.54% annual gross short-stay rent yield right now, Jacqui Walker invites Investors, Short-Stay Entrepreneurs and Owner-Occupiers to purchase this this WHOLE BLOCK OF FOUR UNITS literally ACROSS THE ROAD from MAIN ENTRANCE to St Andrew's Hospital. ' YOU READ RIGHT !! ' says Jacqui ' That's an entire Quadplex opposite the main entrance to a Private Hospital !! ' ' BETTER STILL, this Quadplex is presented to the market in ship-shape condition with many recent, thoughtful updates inside-and-out !! ' ASSET QUICK GLANCE: - Set on a 594 Sq Mtr Allotment, facing south-to-street - Set at the main entrance of the largest hospital in South-East Queensland for Heart and Cancer treatment - Whole Block of FOUR UNITS - Each unit is individually metered for electricity, with shared water across the complex - Flourishing gardens outside, ship-shape presentation everywhere, and thoughtful recent updates inside and out CURRENT INCOME: Short-stay approach, Owner-Managed - Unit 1: $196 per night (80% occupancy) 1 Bed, 1 Bath, 1 Carport - Unit 2: $179 per night (80% occupancy) Studio Bed, 1 Bath, 1 Carpark in-front - Unit 3: $179 per night (80% occupancy) Studio Bed, 1 Bath, 1 Carpark in-front - Unit 4: $210 per night (80% occupancy) 2 Bedrooms, 1 Bath, 1 Garage ::: Under the short-stay approach, these amounts land at $223,088.00 per annum ::: Equates to 15.54% p.a. GROSS short-stay rent yield based on 'Offers Over' price ::: Yes, proper approvals have been given for this approach ALTERNATIVE INCOME APPROACH: Long-term leases - Unit 1: $380-$400 per week rental opinion - Unit 2: $350 per week rental opinion - Unit 3: $350 per week rental opinion - Unit 4: $420-$425 per week rental opinion ::: On long-term leases, that's a total of up to $79,300.00 per annum, based on current market conditions ::: Equates to 5.52% p.a. GROSS rent yield based on 'Offers Over' price OUTGOINGS: - Body Corp: none, nada, nil ... selling as a whole complex - Recent General Rates and Charges: $3,213.95 net half-year - Water Infrastructure Charge: Generally $377.41 net per half-year + consumption - Building insurance, garden upkeep, maintenance costs are specific to your own plan / requirements DEEP-DIVE: - Beautiful value-adding indoor SHUTTERS across each Unit - Furniture and contents are not included, however may be available by negotiation - Each Unit is AIR-conditioned - Bedrooms: ::: U1: 1 bedroom with built-in robe ::: U2 and 3: studio-apartment setup ::: U4: 1 bedroom with built-in robe AND a designated extra sleeping area - Bathrooms / Laundry: ::: U1: bathroom with shower, vanity; PRIVATE toilet; ALSO laundry area with handy cupboard ::: U2 and 3: each with shower, toilet, vanity; shared laundry for Units 2 and 3 ::: U4: shower, vanity, toilet and laundry together - Car Accommodation: ::: U1: built-in CARPORT with exclusive-use driveway to west-side of this Unit ::: U2 and 3: open car space each at front door, accessible via shared driveway ::: U4: built-in CARPORT to east-side of this Unit, accessible via shared driveway - Kitchens: ::: U1: spacious kitchen ::: U2 and 3: functional kitchenette each ::: U4: separate kitchen - Living/Dining: ::: U1: spacious air-conditioned lounge and dining room ::: U2 and 3: living / dining area ::: U4: lounge room; separate dining room - Outdoor Zones: ::: U1: porch overlooks beautiful front yard; ALSO courtyard with clothesline and seating area ::: U2 and 3: share a COVERED blissful outdoor sanctuary ::: U4: front porch; ALSO attractive private courtyard - Handy 2m x 1.8m linen / storage room NEARBY: - Wow! The PRIVATE St. Andrew's Hospital ACROSS THE ROAD ... that's the largest hospital in SE Qld for Heart and Cancer treatment; and this property is OPPOSITE the MAIN ENTRANCE - 1.1km to sprawling Wilsonton Shopping Centre - 1.1km to Wilsonton High School - 1.2km to Rockville Primary School - 1.6km to upcoming major PUBLIC Hospital ... this important new health precinct is under construction, set on a 75-hectare tree lined site TOOWOOMBA ECONOMIC SNAPSHOT: - Population 186,276 as at 30 June, 2025 - Gross regional product of $15.14 billion in the financial year ending June 2024 - Our City will shine globally at the Brisbane 2032 Olympic and Paralympic Games, with the Equestrian Facilities within the Toowoomba Showgrounds soon to undergo a major transformation ahead - Toowoomba is the gateway to the west, where there's abundant gas and oil resources and significant rural wealth - Inland city showing huge growth ::: $1.3 billion dollar upgrades on the way for New Toowoomba Hospital in Cranley ::: $215 million New Toowoomba Region Sports Precinct in Charlton as part of Council's Sports Precinct Master Plan ::: $1.6 billion Second Range Crossing completed 2019 ::: Airport Industrial Park ::: Regional Data Centre ::: 2017 completion of modern local Airport with International Freight Handling ::: 2017 completion of major inner-city QIC Grand Central Shopping Centre upgrade, $500m - 80 mins drive to Brisbane - Under 2 hours drive to Gold Coast OPPOSITE a highly-regarded Private Hospital, this high-performing ENTIRE QUADPLEX offers strong short-stay returns, and it should be seen by appointment quickly. DAY AND NIGHT, The Jacqui Walker Team is always available for your text message, online inquiry or phone call. PLAN PRIVATE PERUSAL PROMPTLY! ***HANDY DETAILS compliments of Jacqui Walker: - Internet: Connectivity to the NBN via fibre-to-the-node infrastructure, FTTN, on a corresponding internet plan - Real Property Description: Lot 12 on Registered Plan 76947 - Local Government Area: Toowoomba Regional Council - State School Zone: Rockville Primary, P-6; Wilsonton High, 7-12 - Disclaimer: All care taken, however you are encouraged to independently verify all photography, figures, measurements and indications.