Sold

5 Cecil Street,
Toowoomba 4350, Queensland

8 bedrooms
6 bathrooms
6 car spaces
1,429m² land size
Block of Units

Price withheld


Property details

IMMACULATE UNIT BLOCK - TROPHY INVESTMENT

SAVVY INVESTORS RECOGNISE THE VALUE OF LOCATION....RETURN...AND THE IMPORTANCE OF PRESENTATION. THIS FABULOUS UNIT BLOCK HAS THE LOT !! SITUATED ON A LARGE ELEVATED ALLOTMENT OF 1429 SQUARE METRES THE BLOCK CONSISTS OF 2 X 2 BEDROOM AND 4 X 1 BEDROOM RENOVATED SELF CONTAINED UNITS. CURRENTLY RETURNING $75,660.00 PA THE PROPERTY IS SOMEWHAT UNDERLET DUE TO LONG SERVING GOOD PAYING TENANTS. CURRENT RENTAL APPRAISAL AVAILABLE SUGGESTING AN INCOME OF OVER $80,000.00 BE EMINENTLY ACHIEVABLE. On one title with no Body Corporate fees the units feature good quality kitchens & bathrooms, carports to each unit, separate toilets, laundries and water meters. The land size should be noted adding value given the prospect of future development (STCA) being a special feature. Our sellers have owned the property for many years and it's now time to hand the property on to the next owner to enjoy capital growth driven by LOCATION...RETURN....AND PRESENTATION.
For further detail and the Information Memorandum please contact Andrew Sim 0426 582 818

Explore the area


School catchments

  • St Mary's College Combined 5-12 Catholic 0.24km
  • Toowoomba North State School Primary Prep-6 Government 0.47km
  • Holy Name Primary School Primary Prep-6 Catholic 0.91km
  • Newtown State School Primary Prep-6 Government 0.91km
  • The Glennie School Combined Prep-12 Independent 0.92km

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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