Sold
105 Bowen Street,
Roma 4455, Queensland
$1,150,000
Property details
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Agents
Impressive Unit Complex with Excellent ROI
• NOT strata titled
• NO body corporate fees
• Cash flow POSITIVE
• Best Location
• Invest in Roma? WHY - our booming gas industry forecast, lack of rental accommodation
Fully Information Memorandum available by request.
This impressive double story block consists of four x two bedroom units, each boasting their own laundry, and private patio/balcony. Occupying 800 sqm of land, this property presents a remarkable opportunity as a low maintenance, excellent rental yield investment. Its proximity to local amenities including both schools, hospital and parks adds to its appeal.
Meticulously renovated with generous floorplans, creating a sense of timeless elegance and high-end finishes catering to professional tenants, ensuring both style and functionality in every detail.
Key Features:
• Four x two bedroom units each with excellent sized built in bedrooms and open plan living areas boasting a modern, white kitchen at the centre of its entertainment space between the living and dining
• Modern bathrooms with toilet, vanity and showers. Downstairs units have laundry facilities in that space
• Split systems air conditioning throughout each unit (both bedrooms plus the living area)
• Two x two six metre carports with concrete driveway access
• Low maintenance lawn and garden areas surrounding the complex, including separate grassed areas to the rear of units 2 and 4
• Each unit is fully furnished with an inventory list available on request
Approximately yielding a gross rental income of $104,000 pa with projected operating costs of $9,760, the approximate net yield of $95,000 pa places this property at the forefront of solid investments. The rental surge driven by Roma's expanding population and persistent undersupply of rental stock indicates a trend unlikely to wane.
What sets 105 Bowen Street apart is its commitment to design and deluxe with high-end finishes, impressively low outgoings, proven factual rents with room to grow, while boasting the lowest running costs on the market, with bare-bones maintenance and no body corporate fees, providing the best net return.
Contact Morgan Rowbotham to arrange an inspection on 0419 850 369 or for an information memorandum, email - morgan.rowbotham@raywhite.com
Explore the area
School catchments
- St John's School Combined Prep-12 Catholic 0.55km
- St John's School - Second Campus Combined Catholic 0.61km
- Roma State College - Senior Campus Secondary Government 0.68km
- Roma State College Combined Prep-12 Government 0.69km
- Roma State College - Middle Campus Primary Government 0.69km
- Roma State College - Junior Campus Primary Government 1.3km
- Wallumbilla State School Combined Prep-10 Government 40.9km
- Bymount East State School Primary Prep-6 Government 58.9km
- Yuleba State School Primary Prep-6 Government 60.5km
- Surat State School Combined Prep-10 Government 71.0km
- St Patrick's Primary School Primary Prep-5 Catholic 80.3km
- Mitchell State School Combined Prep-10 Government 80.5km
- Dunkeld State School Primary Prep-6 Government 82.9km
- Injune P-10 State School Combined Prep-10 Government 83.3km
- Begonia State School Primary Prep-6 Government 92.9km
- Dulacca State School Primary Prep-6 Government 98.0km
- Wandoan State School P-10 Combined Prep-10 Government 128.6km
- Miles State High School Secondary 7-12 Government 140.5km
- Taroom State School Combined Prep-10 Government 145.8km
- St George State High School Secondary 7-12 Government 163.3km
- Chinchilla State High School Secondary 7-12 Government 184.4km
- Tara Shire State College Combined Prep-12 Government 184.6km
- Chinchilla Christian College Combined Prep-12 Independent 186.4km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
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