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Rare 100% Occupied Unit Block Investment in Prized Location

1-4/304 Alderley Street , Toowoomba QLD

Property Highlights

One of QLD's Tightest Rental Markets
Significant Deprecation Benefits
First Time Offered to Market

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

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Residential
Land Size
727 SQM
Building Area
416 SQM

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