416 West Street, Kearneys Spring QLD 4350

Offers Over $999,000

6 beds

4 baths

2 parking

260 MTRS to UNIVERSITY --- Strata-Titled DUPLEX SELLING WITH INCOME --- Buy 1 or Buy Both

BECAUSE IT'S STRATA-TITLED - and just 260 Metres to the University - Jacqui Walker says it's vitally important that every Investor seriously considers this WHOLE DUPLEX selling with income, where you can BUY ONE or BUY BOTH.

I SAID: ' Buy one or buy both !! '



ASSET QUICK GLANCE:

- Strata-titled Duplex selling together or separately

- Set on a 756 Sq Mtr Allotment

- Strategic University location
::: Wow, only 260 Metres away

- Leases thru to late October, 2025
::: Unit 1 earning $430 per week, leased: 22/8/24 - 21/10/25
::: Last rent increase for Unit 1: 22/10/24
::: Unit 2 earning $450 per week, leased: 1/11/24 - 31/10/25
::: Last rent increase for Unit 2: 1/11/24

- Current annual income $45,760.00
::: That's a gross rent return of 4.58% p.a., based on the Offers Over price

- No Body Corp fees, zero
::: For as long as one Owner holds both strata-titles, no Body Corporate needed here
::: If a 2nd Owner is introduced, generally each would maintain their own garden, and simply share the cost of Building Insurance

- Recent General Rates and Charges:
::: $1,155.18 for EACH UNIT net 1/2 yr

- Recent Water Infrastructure Charge:
::: Generally $315.29 for EACH UNIT net 1/2 yr + consumption



ABOUT EACH UNIT:

- These 2 Units are a MIRROR-IMAGE of one-another

- Each 3 Bed, 2 Bath, 1 Garage
::: Lowset, brick construction, iron roof

- Wide Porch to Front Entry

- Tiled Formal Entry

- Lounge Room
::: Brick feature wall
::: Reverse-cycle air conditioning
::: Ceiling fan

- Separate Dining Room
::: With ceiling fan

- Kitchens offer
::: Ample bench space
::: Plenty of cupboards and more overhead cupboards
::: Stainless-steel dishwasher
::: Pantry
::: Fridge recess
::: Upright oven and stove

- Storage surely sorted!
::: Wide, handy storage cupboards at rear of Garage
::: Also in the Hallway
::: An additional cupboard near Dining Room, too
::: And a Broom Cupboard near the Laundry

- Main Bedroom
::: Ensuite with shower, vanity, toilet and IXL heat-light
::: Built-in robe
::: Ceiling fan

- Total of 3 Bedrooms to Each Unit
::: Each with ceiling fan
::: Each with built-in robe

- Main Bathroom with bathtub, vanity and separate shower

- Private Main Toilet

- Laundry Room with washtub, appliance space, and direct access outside

- Easy arrival home via the internal lock-up Single Garage, fitted with a remote-controlled door

- And Premium connectivity to the NBN via fibre-to-the-premises infrastructure, FTTP ... that's the best possible!



OUTSIDE:

- Value-adding SECURITY SCREENS to all doors and windows

- Sizeable, level, fenced backyards

- Under roofline back patio



NEARBY:

- Wow! Just 260 metres to the University
- Easy! 400 metre downhill stroll, via Danica Court footpath, to peaceful morning walks around Historical Park
- Handy! 750 metres to UniPlaza Shops

- 800 metres to Darling Heights Primary School
- 1.4km to Westridge Shops
- 1.9km to Kmart, Toowoomba Plaza
- 2.7km to Nell E. Robinson park & ovals
- 3.5km to Harristown High School
- 5.2km to Grand Central Shopping Centre / CBD



TOOWOOMBA ECONOMIC SNAPSHOT:

- Toowoomba region population approx. 170,000
- Toowoomba has a gross regional product of $11.56 billion
- Toowoomba is the gateway to the west
::: Abundant gas and oil resources
::: Significant rural wealth
- Inland city showing huge growth
::: $1.6 billion Second Range Crossing completed 2019
::: $500m QIC Grand Central Shopping Centre upgrade completed 2017
::: International Freight Airport
::: Airport Industrial Park
::: Regional Data Centre
- 80 mins drive to Brisbane, flights available
- Under 2 hour drive to Gold Coast



STRATEGICALLY LOCATED in the city's University area - and already strata-titled for your easy part or full sale of this asset in the future - Jacqui Walker says the Kmart position, the income, the current leases and the attractive yield makes this excellent Duplex THE ONE TO YOU MUST SEE!

SO NOW IT'S TIME to book your INSPECTION.

DAY AND NIGHT, The Jacqui Walker Sells Team is standing by right now for your inquiry, SMS or call. PERUSE AND PURCHASE THIS PROFITABLE PROPOSITION PRONTO!




*****HELPFUL INFO courtesy of The Jacqui Walker Team:

- Real Property Description:
::: Unit 1: Lot 1 on Survey Plan 296120
::: Unit 2: Lot 2 on Survey Plan 296120

- Orientation-to-street: West

- Local Government Area: Toowoomba Regional Council

- State School Zone: Darling Heights Primary, P-6; Harristown High, 7-12

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

Property Details

• Type: BlockOfUnits
• Bedrooms: 6
• Bathrooms: 4
• Ensuites: 2
• Toilets: 4
• Garage Spaces: 2
• Land Area: 756 m² (approx)

Features

• Air Conditioning
• Built-In Robes
• Outdoor Entertainment Area
• Courtyard
• Broadband
• Dishwasher
• Secure Parking
• Remote Garage