Rare 100% Occupied Unit Block Investment in Prized Location
1-4/304 Alderley Street , Toowoomba QLD
Property Highlights
Description
+ Four immaculately presented two bedroom/two bathroom residences.
+ Fully occupied residential complex with strong occupancy history.
+ Constructed in 2016, offering significant deprecation benefits.
+ The complex has been strata titled, providing an opportunity to sell individual units.
+ Desirable complex, highlighted by early lease extensions, all with rental increases.
+ Low risk, strong yielding investment with further expected rental growth.
+ Significant 727sqm residential zoned landholding with important 20 metre frontage to Alderley Street.
+ Toowoomba is one of QLD’s tightest rental markets, with a 0.5% residential vacancy rate.
+ Situated in an established residential area less than 3km from the Toowoomba CBD.
+ Toowoomba: Australia’s second largest inland city with a population of 171,135.
+ Income: $73,840 pa
For Sale by Investment Portfolio Auction
10:30am (AEST) Thursday 12 May 2022
Hilton Hotel – Level 5
Property Details