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Colliers - Toowoomba

422 West Street Kearneys Spring, QLD 4350

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422 West Street,
Kearneys Spring, QLD 4350

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$4,500,000

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Colliers - Toowoomba
Dominic Ryan
Louise Bizzell

Colliers - Toowoomba

171 Hume Street
TOOWOOMBA CITY, QLD 4350
Colliers - Toowoomba
422 West Street
Kearneys Spring, QLD 4350

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16 Townhouse Complex - Outstanding Residential Investment - Low Risk with Strong Returns

It's time to secure yourself a prosperous future with this outstanding investment opportunity. Positioned in a high demand area, this stunning complex of 16 semi furnished units cater to a variety of tenants and are currently fully occupied for optimal return on investment.

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.

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Property ID: 503805102Last Updated: 12 May 2022

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