110A James Street
South Toowoomba QLD 4350
- 8 Bed
- 8 Bath
- 8 Toilet
- 4 Parks
$1,050,000
UNDER CONTRACT BY SUE EDWARDS & MURRAY TROY - ELDERS REAL ESTATE TOOWOOMBA
If you are looking for a solid investment opportunity with a good return and a complex that has a 100% occupancy rate - then look no further!110 A James Street is being offered to the market for the first time in nearly 10 years - boasting a great return for your money.
Some of the brilliant features include:
• Located less than 1km from Queens Park and 2km from Toowoomba's CBD and Grand Central Shopping Centre and adjacent to the renowned Federal hotel/motel and Dan Murphy's this one will tick plenty of boxes for the astute investor.
• 4 x modern units, 2 ground level and 2 top level units.
• The ground level units feature a private and fully private fenced yard
• Top level have their own front and back balconies
• All units boast open plan kitchen, dishwasher, and ceramic cook-top, continental style laundries.
• Spacious lounge with reverse cycle air conditioning for year-round comfort.
• Both bedrooms feature built-ins, the masters are complimented with reverse cycle air conditionings and ensuites
• Ensuite in the masters boast a shower over bath for added convenience.
• Corner block with entry off Geddes St for easy access.
• Large 936m2 allotment.
• Possible further development potential.
• All four units are fully leased on long leases and currently return $1330 per week, solid leases, and excellent occupancy rates.
• Each unit comes with dedicated under cover car accommodation.
• Positioned in South Toowoomba, a real estate hot spot, offering projected growth for the future.
• Current Toowoomba City Council Rates - $2963.68 ½ year
• Current Water Rates - $315.29 ½ year plus consumption
• No Strata Body Corp Fees
• Complex built 1970
• Lot/plan 1/SP183753 Toowoomba Regional Multi Unit Dwelling (Flats) Residential Conservation (Toowoomba) Development Zone
Unit 1 -$330 a week 14/10/23-11/10/24
Unit 2 -$330 a week 9/1/24 -8/1/25
Unit 3 -$330 a week -22/9/23-29/9/24
Unit 4 -$340 a week - 20/12/24-19/12/25
This opportunity is for those looking to secure a prime investment in a thriving area with a great return.
Don't delay contact exclusive agents Sue Edwards on 0437 377988 or Murray Troy on 0400772210
We respect our fantastic tenants - 24 hours' notice required for all inspections.
Features
General Features
- Property Type: Block of Units
- Bedrooms: 8
- Bathrooms: 8
- Land Size: 936sqm
- Living Areas: 4
Indoor Features
- Toilets: 8
- Airconditioning
- Ensuite Bathroom
Outdoor Features
- Garage Spaces: 4
- Balcony
- Deck
- Courtyard
Other Features
- Close to Schools
- Close to Shops
- Close to Transport
Can I afford 110A James Street?
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Elders Real Estate Toowoomba
Enquire about 110A James Street, South Toowoomba, QLD, 4350