East Side Investment Opportunity!....Grammar Precinct


15A John Street, EAST TOOWOOMBA QLD 4350

Sold $555,000

Situated in a “blue chip” East Toowoomba Street and just a short stroll to Toowoomba Grammar is this rather substantial property retuning a healthy $30,000pa! The original home has been cleverly converted into two dwellings, one upstairs and one down. Upstairs is currently rented to a great tenant @ $310.00pw and downstairs is returning $275.00pw., both tenants are on fixed term agreements.

The apartment on the top floor simply oozes appeal, loads of natural light combine with stand out features like the parquetry flooring to add a real sense of space and class. Other features upstairs include a very appealing kitchen, three good sized bedrooms with built-ins and an updated bathroom. At the front of the apartment is a fully fenced and private garden space and up a few stairs an East facing patio is just the spot for a morning cuppa & afternoon vino! Upstairs is rented @ $310.00 till the 9th March 2022.

Downstairs the 2nd apartment is also spacious and includes a modern kitchen and bathroom, 4 bedrooms ( or 3 + dining) and a large living space. Downstairs is rented to a great tenant till 28th October 2021 @ $275.00pw. There is a carport at the back of the complex and also a laundry/storage space for both apartments . Rates $2675.68pa net & water access $609.18pa net.

Looking for a solid investment property with a strong & solid income stream in a great location?…call us today to arrange your inspection!

Property Features
  • House
  • 6 bed
  • 2 bath
  • 2 Parking Spaces
  • Land is 428 m²
  • 2 Carport
  • Map
Real Estate Agents
Andrew Smith
Mobile: 0409 628 689