172 Jellicoe Street, Newtown QLD 4350

Under Contract

8 beds

4 baths

4 parking

A Remarkable Quadplex Offering Incredible and Consistent Investment Potential

Unveiling an extraordinary investment opportunity in one of Toowoomba's most coveted suburbs, Newtown, this quadplex is the epitome of long-term stability, superb returns, and exquisite renovations.

� Comprising four units, this quadplex is meticulously maintained, offering a high-quality living experience for all occupants.
� Each unit is currently occupied by exceptional long-term tenants, ensuring a consistent and reliable income stream.
� Every unit in this quadplex has undergone a transformation in the last 6 months, marked by loving attention to detail and thoughtful upgrades.
� Units 1 and 2 boast polished floorboards, exuding timeless elegance, while units 3 and 4 feature hybrid flooring, offering a modern and low-maintenance living environment.
� The electrics and plumbing throughout the quadplex have been comprehensively upgraded, ensuring the utmost safety and convenience.
� Freshly painted interiors provide a clean, crisp canvas for residents to make their own.
� Units 3 and 4 are graced with brand new kitchens, equipped with modern appliances including new dishwashers in Units 3 and 4.
� All new fans have been installed in all 8 bedrooms
� The quadplex has seen a significant exterior facelift, including renovated driveways for an inviting entry.
� Exterior fences have been professionally painted to enhance the curb appeal.
� New dividing screens have been added between each unit to provide privacy and separation. The courtyards have all received an modern tasteful upgrade
� Individual privacy screens on each unit contribute to the serene and private atmosphere.
� All new underground plumbing installed from rear of the block allowing better drainage.
� Spreaders on the roof added for extra drainage during heavy rain.
� Carport in unit 3 rebuilt
� Driveways rebuilt, repaired and updated.
� The complex has been beautifully adorned with new gardens, creating a tranquil and inviting atmosphere for residents to enjoy.
� The extensive renovations and exterior improvements have had a profound impact on the quadplex's income potential.
� The property now commands an impressive return of just of just over $1,400 per week (3 units at $350 and one at $360), reflecting the quality and attention to detail invested in its transformation.

This quadplex is now accepting offers. Don't miss your chance to acquire a prime piece of real estate that combines incredible rental potential with unparalleled quality.

Property Details

• Type: BlockOfUnits
• Bedrooms: 8
• Bathrooms: 4
• Carport Spaces: 4
• Land Area: 981 m² (approx)