Rare Shop&Unit ‘DUPLEX ‘... Gross Return 6%+pa. Rental $30,000+. Brilliant Location with a B-I-G 807sqm development Allotment.

23 Albert Street, Newtown, 4350

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490,000 AUDEst. Mortgage: AUD 3,443/monthFor Sale
  • Ownership Type Unitblock
  • Property Area 807 sqft
  • Bedrooms 2
  • Bathrooms 2
  • Furnished No
  • Last Updated 30th Mar, 2022

Amenities

Feature that provides comfort, convenience, or pleasure
  • Deck
  • Fully Fenced
  • Garage: 2
  • Outdoor Entertaining Area
  • Air Conditioning
  • Broadband Internet Available

Property Overview

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.<br/>The shop has a Toowoomba Regional Council present use status as - 'Shop - single'<br/>PLUS<br/>A comfortable, two-bedroom unit at the rear (separate access).<br/>Both dwellings leased to different entities on ‘General Tenancy Agreements’ – NOT Commercial.<br/>The VALUE here is in our Earth Mothers most precious commodity … LAND!<br/>807sqm of flat terra firma, in a fantastic ‘walk-to’ location with Zoning 'low-medium density' - which allows for future Development.<br/>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 …<br/>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!!! <br/>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.<br/>Procrastination is your enemy! Giddy up ...<br/><br/>Full Property Report available<br/><br/>Council Rates $2,112.06 nett <br/><br/><br/>

Location on Google Map

23 Albert Street, Newtown, 4350

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