A ‘set and forget’ investment shows a good return for a low outlay and is positioned in a well maintained and popular complex opposite the University. Purpose built to suit students attending the University, contractors in town for job placements or just those wanting a tidy place to live and study/work in town (like the current tenant). Can be owner occupied too after lease expiry.
Featuring:
- This is a ground floor unit
- Large bathroom with laundry combo – vanity, toilet with bidet, separate shower, laundry tub, good space for the washing machine and storage cupboard
- Spacious bedroom with double door built-in cupboard with hanging and shelving, extra walk-in robe with ample storage, ceiling fan and the carpet is in great condition
- Tiled hallway leading to kitchen/dining and living with reverse cycle air-conditioning & study nook
- Kitchen with upright gas cooktop/electric oven, plenty of bench and cupboard space, a double door built-in cupboard for use as pantry or extra storage
- Step outside from living to an open paved space, where there’s room for a table and chairs to sit to catch the north east morning sun
- Instant gas hot water system (natural gas)
- Courtyard car park
- Security screens
- Excellent house proud tenant in place paying $340 per week until 1/7/2025
- Body Corporate $379 per quarter – combined sinking fund, admin and insurance (Toowoomba Strata)
- General Rates – $1155.18 net per half year
- Water Access Charge – $335.75 net per half year plus usage
This is “JUST” simple and effective investing at its best!
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R&H Suburb Summary | Houses |
---|---|
Number of sales | 171 |
Average Price | $685,996 |
Median Price | $660,000 |
Median Rental Price | $530 p.w. |
Change in Rental Rate (5yr) | 43 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 69 |
Average Price | $421,288 |
Median Price | $405,000 |
Median Rental Price | $400 p.w. |
Change in Rental Rate (5yr) | 43 % |
13/1-3 Uniplaza Court, Kearneys Spring,
Queensland, 4350