Spacious CBD Apartment - Nest or Invest the choice is yours!

Situated in the thriving Toowoomba CBD close to where it’s all happening on a quite side Street “Joseph Lodge” is a well maintained and managed low maintenance complex of just 11 apartments. If “inner-city” living appeals, and why wouldn’t it, or if you’re in the market for a rock solid “sit and forget” investment property then look no further!

Built circa 2009 by local Builder Wes Daniells we proudly present units 1 and unit 5 for sale ( Offers over $349,000 per unit)– buy one or both! Each apartment features a spacious & very liveable floorplan which includes a full-size and well-appointed kitchen, a spacious open-plan living and dining space with reverse-cycle air conditioner, 3 double bedrooms with built-ins, a good sized bathroom with shower and separate bath (not easy to find in a unit), a separate toilet and a clever laundry cupboard. Units are rented fully furnished.

Outside there is a generous tiled and covered patio area with City views and secure basement parking. Very reasonable Body Corporate fees of $1500.00pa complete a great package.

Features Include:

– Full sized kitchen with dishwasher
– Spacious “open-plan” living and dining space
– Reverse-cycle air conditioner to the living area
– Three double bedrooms with built-ins
– Large bathroom with shower and separate bathtub
– Separate toilet
– Very practical laundry cupboard
– Covered and tiled patio
– Secure basement parking
– Returning over 6% pa gross
– Unit 1 – Rented @ $450pw lease expires 04/01/2024
– Unit 5 – Rented @ $470pw lease expires 03/08/2024
(Rent for unit 5 increases to $485pw from February 2024)
– Rates $2187.47pa net
– Water access $630.58pa net
– Body Corporate fees of $1500.00pa

Disclaimer:

Neither the vendors nor The Real Estate People ( Including its agents, directors, associated entities or legal assigns) either jointly or severally give any warranty, and no warranty is implied, as to correctness, accuracy or worth of the information contained herein. No representations are made or implied as to value, worth or suitability (for any purpose whatsoever) of the property as described herein. It is recommended that prospective purchasers ascertain the validity of any information or particulars contained herein prior to making any financial decisions based thereon.
E&OE.