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Expressions of Interest
Discover a rare and exceptional investment opportunity with this full block of units, perfectly positioned in a sought-after central location. The property at 32 Stone Street Wilsonton, Banksia Villas, comprises 6 well maintained 2-bedroom, 1-bathroom units and single carports, each offering modern amenities and impressive rental returns offered for the first time since being built, all on a massive 1530m2 block on 2 Titles.
Every unit has been thoughtfully designed with a stylish kitchen, ample bench space, and plenty of storage. The units provide spacious living with air conditioners and two generous bedrooms, a large bathroom/laundry, and an open plan living and dining area. Additional features include a private rear courtyard, the convenience of a single carport for each unit plus additional visitor parking.
The property's prime location offers easy access to the CBD, both primary and high schools are only a short distance away, and the new Toowoomba Base Hospital is in the next suburb. Residents will also appreciate the proximity to public transport, local parks, and the nearby Woolworths, all within walking distance.
This secure and lucrative investment is currently generating a great annual rental return with each unit leased to excellent long term tenants. The leases are secure, ensuring stable income for the foreseeable future.
Unit 1 - $380pw until 9/06/2025
Unit 2 - $350 unitl 15/01/2025
Unit 3 - $380 until 14/07/2025
Unit 4 - $370 until 19/05/2025
Unit 5 - $340 until 17/09/2024, then $380 until 19/09/2025
Unit 6 - $380 until 28/07/2025
This is one for the discerning investor looking for a set and forget investment or those wanting to add their own value to the property through strata titling or updating.
Seize this rare opportunity to invest in a high-demand area with outstanding returns. 32 Stone Street Wilsonton is a standout addition to any property portfolio.
Rates: Approximately $4658.24 per half year
Water Access: Approximately $ 709.40 per half year
Tenancy 4/580 - 588 Ruthven Street, Toowoomba QLD 4350
Call Lindsay Southwell on
0402059985
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