422 West Street,
Kearneys Spring, QLD 4350
Expressions of Interest, Closing 20 May 2021
Key property information
Map of 422 West Street
Bus stops within 5 km of 422 West Street, Kearneys Spring, QLD 4350 Distance West St at Heather Street 94 m Wuth St Near Collard Ct 99 m West St Near Lavena Dr 142 m West St at Lavena Street 161 m Wuth St Near Bond Ct 315 mPOWERED BY HERE ©
16 Townhouse Complex - Outstanding Residential Investment - Low Risk with Strong Returns
Completed in 2015 now is your opportunity to buy one of strongest residential investment properties on market in South-East Queensland. with a gross income of approximately $279,000 per annum in a highly sought-after location across from the University of Southern Queensland, easy access into Toowoomba's CBD, Public and Private Hospitals, Wellcamp Airport and industrial precincts.
This simply is a sensational opportunity that has had experienced high occupancy rates with a solid tenant base, including many long term and continuing tenants. With vacancy rates continuing to tighten and demand for quality rental properties increasing there has never been a better time to invest in the Toowoomba market than now.
At A Glance:
* 16 x two bed, two bath, one garage town houses.
* Additional visitor carparking in the complex
* Solid and content tenant portfolio, with zero vacancy
* Strong rental yields, returning approx. $340 p/w
* Gross Income of approximately $279,000 per annum
* Central Kearney's Spring location, close to many popular amenities
* Low maintenance investment, with a strong rental yield & modest overheads
Make sure you don't miss out on the buoyant and rapidly rising property market. Utilise the substantial rental returns to generate a healthy income while using capital depreciation to offset the modest overheads.
Please enquire to receive access to our data room to peruse tenancy schedule and other detailed information.
Accelerating success. Contact Dominic Ryan or Louise Bizzell from Colliers International Toowoomba for more information.
Explore property virtually
If you'd like to inspect this property in person, please to arrange a private inspection.
Property ID: 503805102Last Updated: 24 Jun 2021
More properties from Colliers - Toowoomba