Toowoomba City, Queensland

2673MF - FREEHOLD VILLAS 6-6.5% ROI

FREEHOLD $1,499,000

Property Description

Collapsed contract so re-offered to the market for a quick sale.

- Looking for a safe investment?

- Got super money not really working for you?

- Invest in bricks and mortar!

- The safest long term investment options.

What a fantastic opportunity to secure a good investment that will provide you with solid returns and potential for capital growth.
Freehold property on 1,199m block with direct access to Ruthven St, the main arterial road into Toowoomba from the south.
Close to the hospital, golf club, shops and less than 3km to main CBD.
Fully renovated and maintained to a high standard.
All single level comprising 4 x 2 bed/1 bath units, 1 x 2 bed/2 bath unit and 1 x 3 bed/2 bath unit.
10 car spaces and storage shed onsite.
Currently short term rentals but individually metered for power.
Expected gross permanent rental return of $100,000 - $110,000 pa.
That is a whopping 6-6.5% after insurance and rates are paid.

Do not hesitate as this will fly off the shelf.

Turnover: $146,000 (2020/21 - short term)

Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2673MF (quote when enquiring)

Property Code: 4035

Property Summary

Motel Information

Marketing Agent
Tony Johnson
Tony Johnson

Listing location
Gallery

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