79 Anzac Avenue, Newtown QLD 4350

Offers from $649,000

4 beds

2 baths

2 parking

Get This WHOLE DUPLEX --- 5.8% Gross Rent Return --- One Title, Selling Altogether.

THIS WHOLE DUPLEX of 2 Flats in Newtown IS CURRENTLY YIELDING an attractive 5.8% annually in rent, based on the Offers Over Price; and it's presented by Harsha Kumarasinghe for The Jacqui Walker Sells Team.


SHOWING A SOLID RENTAL HISTORY, with good leases currently in place, BOTH FLATS HERE are on ONE TITLE and both are SELLING ALTOGETHER.

FLAT 2 features an updated Kitchen and Bathroom.



INVESTOR QUICK-GLANCE:

- 2 x Flats, side-by-side ... mirror image, selling as a Whole Duplex on 1 Title

- Across 2 Flats get total of 4 Bedrooms / 2 Bathrooms / 2 Internal Garages

- 713 Sq Mtr allotment, with side and rear boundary fencing

- Right now, showing Gross Annual Rent Income of $37,700
::: Unit 1 earning $360/wk until late-January, 2025
::: Unit 2 earning $365/wk until mid-September, 2025

- This results in anticipated gross rent return of 5.8% p.a. based on the Offers Over price

- Recent General Rates and Charges: $1,792.93 net half-year
- Recent Water Infrastructure Charge: May be $315.29 net half-year PER UNIT, then in general terms, usually the Tenants would pay consumption

- Entire duplex = ZERO body corp fees

- South-east orientation to street



SO LET'S ZOOM IN on this opportunity:

- Flat 1 remarks
::: Reverse-cycle AIR Conditioning to Living Room
::: Neat original Bathroom with shower and vanity

- Flat 2 remarks
::: NICELY UPDATED Kitchen and Bathroom

- Each with INTERNALLY ACCESSIBLE Single Garage

- Light-filled NORTH-EAST facing Living Rooms, to capture the whole day's lovely passing sun

- Each spacious eat-in Kitchens will comfortably host a 6-SEATER DINING Table

- Each with 2 spacious Bedrooms, and CEILING FANS

- Each Laundry Room offers a washtub, cupboard, appliance space and easy outdoor access to clotheslines in the shared backyard

- Value-adding SECURITY SCREENS

- Off-street visitor parking space



WHAT'S NEARBY?

- So handy! BUS STOP AT DOOR

- 450m to Newtown Primary School
- 450m to The Glennie School
- 550m to open, sprawling Norman Park
- 550m to Clifford Gardens Shopping Centre
- 750m to St Mary's College
- 850m to Laurel Bank Park
- 1.1km to Clifford Park Racecourse
- 2.0km to Grand Central Shopping Centre / CBD
- 2.2km to Toowoomba Hospital
- 2.7km to Harristown High



WHAT A COMBINATION: Showing a 5.8% gross annual rent yield based on Offers Over price ... nice updates to Flat 2 ... and good leases to both Flats ... on a great-sized in-town Allotment.

WHOLE DUPLEXES ARE THIN ON THE MARKET, so take action now on this opportunity to add a set of Duplex flats - showing current solid earnings - to your investment portfolio.

TOOWOOMBA IS BOOMING with Investors capitalising on the $1.6 billion Second Range Crossing, Airport Industrial Park, Regional Data Centre, new food precincts - and the $500m QIC Grand Central Shopping Centre upgrade.



FOR YOUR CONVENIENCE, we're available right now to answer your questions or to arrange your inspection. SEE THIS DUPLEX NOW!




***HANDY INFO AND SUMS courtesy of The Jacqui Walker Sells Team:

- Title: 2 Flats on 1 Title
- Real Property Description: Lot 2 on Registered Plan 112708

- Built: Properly 1976-79

- Local Government Area: Toowoomba Regional Council

- Internet: Each flat has NBN connectivity via Fibre-to-the-Node, FTTN

- State School Zone: Newtown Primary, P-6; and Harristown High,7-12

- Disclaimer: All care taken, however you're encouraged to independently verify all figures and indications.

Property Details

• Type: DuplexSemi-detached
• Bedrooms: 4
• Bathrooms: 2
• Toilets: 2
• Garage Spaces: 2
• Land Area: 713 m² (approx)

Features

• Courtyard
• Broadband
• Secure Parking