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1 - 3/287 James Street Newtown QLD

  • 4
  • 3
  • 2
New Price - Insane Investment Opportunity!
CLOSE TO 8% GROSS YIELD!!! MAKE YOUR OFFER TODAY.

The Details:

Unit 1
Renovated throughout
Two bedrooms
Separate lounge
Eat-in kitchen
Single lock-up garage
Currently leased for $310/week
Lease ending 01 July 2024

Unit 2
Original Condition
One large bedroom
Open plan kitchen, dining and living area
Single carport
Currently leased for $235/week
Lease ending 01 July 2024

Unit 3
Renovated throughout
One huge bedroom with sitting/lounge area
Eat-in kitchen
Large bathroom featuring a spa bath
Two private uncovered car parks
Fully furnished and leased for $380/week
Lease ending 16 September 2022

Make It Yours:

An out and out cash cow, this charming triplex represents an outstanding opportunity with a gross return of $925/week. Whether you are looking for an investment with a great return to set and forget or something you can add further value to, this one is for you. Unit 1 is renovated and has just had a two year lease signed at $310/week. Unit 2 is in original condition and could be updated internally to realise an even higher yield. Unit 3 is fully furnished and could be turned back into a short stay accommodation option at the end of its current tenancy to realise an even greater return. All this is sitting on an 857sqm allotment in an ultra convenient location.

Property Information

  • Residential Sale
  • $ 600,000
  • QLD
  • Toowoomba & District
  • Newtown
  • Block of Units
  • Sold
  • 857 sqm
  • 2