DUAL INCOME OPPORTUNITY

This inner-city investment is conveniently located in the heart of the CBD which boasts a unique opportunity being split between both Residential & Commercial giving many options for the savoy investor.<br/><br/>The upper residential level is currently leased at $460 per week through till 10 Jan 2024 and will be sold as a walk-in walk out option being fully furnished. Access is externally along with a spacious open plan layout that's been tastefully renovated to a high standard including polished timber flooring and high-quality soft furnishings. A generously sized bedroom complete with lush carpet and a contemporary kitchen featuring an island bench with quality appliances working seamlessly with the open plan living space.<br/><br/>The lower commercial level is current leased annually at $35,500 plus GST through till 30 June 2025 and will be sold without any inclusions. It's segregated with 2 main office rooms & 3 smaller rooms allowing to used person or multi-purpose such printing or meal rooms. There is also a shower, toilet & tearoom facilities with the carpets recently replaced its serves as a functional office space. This space has been updated with high grade commercial carpet.<br/><br/>This property allows for many options and currently gross returns an approx. $52,000 per annum. There is a private agreement in place between the current owners & the Anglican church for 2 car park spaces at $50 per week, which would need to be formalised by the new owners after purchase.<br/><br/>Overall property features include – New roof completed 2017, fully rewired and new switchboard along with the complete upstairs and downstairs internal renovations.<br/><br/>Upstairs Features Include:<br/>$460 per week rental return<br/>Generously sized master bedroom complete with beautiful soft furnishings.<br/>Open plan living with beautiful high-pitched ceilings, polished timber floors along with reverse cycle air conditioning. <br/>Well appointed, open plan kitchen with electric appliances, an island bench & dishwasher!<br/>Beautifully renovated bathroom facilities.<br/><br/>Downstairs Features Include:<br/>$35,500 + GST annually rental return<br/>2 large office rooms equipped with built-in storage.<br/>3 Smaller office rooms allowing for multi-purpose use.<br/>Tea room with wash facilities <br/>Separate toilet. <br/>Small bathroom with shower & basin.<br/>Recently carpeted & air-condition throughout. <br/><br/>RealWay Property Partners proudly present 1 Scouts Way, Toowoomba City. For more information or to book a private inspection please contact the team on 0415 458 874.