Property Highlight, Toowoomba, Qld
4 bed, 2 bath, 2 car garage, house and land package
Land 593 sqm
Home 187 sqm
$568,299 (full turnkey)
Stamp duty payable only on land component of $190K
Land scheduled to be registered in July 2023
Rent appraisal
$470-500pw
Location
Toowoomba is a regional hub to Brisbane, just 1 hour 35mins from the CBD, 1 hour 10 mins to Ipswich and just over two hours from the Gold Coast. It’s home to two university campuses, a major and minor airport, and a hospital/health centre that is currently undergoing a $1.3B upgrade.
The forecast population growth is 34% from 2021-2051 with 59,648 new residents over the period.
The Toowoomba region has transformed its agricultural base into a diverse and strong economy, offering a range of business, employment and investment opportunities including, $4.3B projects underway, $10.28 projects approved and $4.3B proposed projects. This is an increase of $5.7B from 2020.
The property
This home is designed with families in mind, with four bedrooms, open plan spacious living areas and a fully fenced yard. It’s just 5 mins drive from Highfields Shopping Centre which is the neighbourhood mall with Coles and 12 specialty stores. The home is full turnkey, meaning it’s ready for tenants to move right in. Features include:
- Fully fenced, turfed & landscaped
- 2550mm high ceilings
- Colorbond roof
- Reverse cycle/split system air-conditioner in living and main bedroom
- 20mm manufactured stone kitchen benchtop
- Approximately 1.8kw solar power system
- 600mm stainless steel kitchen appliances
- Cold water to fridge space
- Roller blinds throughout
- Ceiling fans in bedrooms
- Undercover tiled alfresco area
This is a fantastic home at a remarkable price and an excellent forecast yield.
To discuss this property and decide whether it meets your investing goals, please get in touch.
