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Colliers - Toowoomba

422 West Street Kearneys Spring, QLD 4350


422 West Street,
Kearneys Spring, QLD 4350


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Sale - Expression of Interest

Expressions of Interest, Closing 20 May 2021

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Colliers - Toowoomba
422 West Street
Kearneys Spring, QLD 4350
Colliers - Toowoomba

Colliers - Toowoomba

126 Margaret St

Map of 422 West Street

  • Bus stops within 5 km of 422 West Street, Kearneys Spring, QLD 4350Distance
    West St at Heather Street94 m
    Wuth St Near Collard Ct99 m
    West St Near Lavena Dr142 m
    West St at Lavena Street161 m
    Wuth St Near Bond Ct315 m

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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If you'd like to inspect this property in person, please to arrange a private inspection.

Property ID: 503805102Last Updated: 24 Jun 2021

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Colliers - Toowoomba
126 Margaret St
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Louise Bizzell

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Louise Bizzell
Colliers - Toowoomba
422 West Street Kearneys Spring, QLD 4350

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