SoldJul 19, 2022

7a Kelfield Street, North Toowoomba, QLD, 4350

Amount undisclosed

4
2
1
453 m²

House

30+ days on the market

Sold: Jul 19, 2022

What's around 7a Kelfield Street

3 Bedroom House with detached studio offering 6.84% gross rental return

Looking for a property that can easily generate additional income? Or perhaps self-contained living space beyond the main dwelling? Look no further. This stylish property was built 5yrs ago and boasts a 5+ kw solar system, fully insulated walls and heightened ceilings throughout. The three-bedroom dwelling with garage and detached studio are returning an astonishing $565 a week currently, however discussions on increases are already in process. Privately rented with owner, but could be changed to a rental manager at settlement. Positioned on a battle-axe block, this property is within walking distance of Northpoint shopping centre as well as the city centre. Main Dwelling: - 3 Bedrooms (all built-in) - Large open plan Lounge/Kitchen/Dining - Main bathroom with shower & bath - Separate toilet - Plank floors throughout for easy cleaning - Iron roof - Air Conditioning to main area - Flyscreens on all windows & security screen doors - Single lockup garage with internal access - 19 Solar panels, which will cover all your power usage during the day - Ceiling fans in lounge & master bed - Electric hot water system - Lease due to expire & tenants happy to stay & pay higher rent, or if owner/occupier tenants can be asked to vacate at end of lease with appropriate notice - Currently rented at $365 per week Detached Studio: - Combined Kitchen/Lounge/Dining/Bedroom - Separate bathroom with laundry facilities - Ceiling fan - Separate hot water system - Plank floors - Flyscreens & security door - Currently rented at $200 per week, Lease is due to expire, Appraised at $220 per week. Land Rates $1117.38 / half year Water Rates $349.94 / half year The outstanding rental return, the convenient location, and the low maintenance design make this property a huge opportunity for the astute investor. Call Scott or John for your private inspection.

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