'UNDER CONTRACT - 'Price Range $460,000 to $490,000' - Shop&Unit ‘DUPLEX ‘... Gross Return 6%+pa. Rental $30,000+. Top Location for future development

UNDER CONTRACT

Newtown, 23 Albert Street

Block of rented apartments • 2 room(s) • 2 Bed. • 2 Bath. • 160 m² • Ref: 6942538

'UNDER CONTRACT'. Too late ... it's GONE! Many disappointed Buyers - More Listings WANTED! Cute, colonial-style shop ... dating from a by-gone era, this retail conveyance has been well maintained by the long-term tenant of a well-established, high repeat clientele business. The shop has a Toowoomba Regional Council present use status as - 'Shop - single' PLUS A comfortable, two-bedroom unit at the rear (separate access). Both dwellings leased to different entities on ‘General Tenancy Agreements’ – NOT Commercial. The VALUE here is in our Earth Mothers most precious commodity … LAND! 807sqm of flat terra firma, in a fantastic ‘walk-to’ location with Zoning 'low-medium density' - which allows for future Development. Like all of us when we get to 70+yo, we will be showing signs of wear-&-tear – this ol’ charmer is no different! The property as is, needs some general maintenance & attention – Building & Pest inspection reports are available - but all the pluses are there … Enjoy a cash-flow positive return while the value of your land grows … and dare to dream about the future security this unique gem can provide!!! R-A-R-E opportunity to secure a Six Star, AAA+ location – short walk to the iconic Newtown Park & Queensland State Rose Garden, ‘New Brew’ Cafe, Clifford Gardens S/C, several schools and the City Centre is just a two minute drive – this is PRIME (city fringe) Newtown. Procrastination is your enemy! Giddy up ... Full Property Report available Council Rates $2,112.06 nett

Spaces

Rooms2
Bedrooms2
Bathrooms2
Garages (inside)2

Surfaces

Living160 m²
Land807 m²

23 Albert Street

Newtown

Air conditioning
Garage