A Remarkable Quadplex Offering Incredible and Consistent Investment Potential
Unveiling an extraordinary investment opportunity in one of Toowoomba's most coveted suburbs, Newtown, this quadplex is the epitome of long-term stability, superb returns, and exquisite renovations.
Comprising four units, this quadplex is meticulously maintained, offering a high-quality living experience for all occupants. Each unit is currently occupied by exceptional long-term tenants, ensuring a consistent and reliable income stream. Every unit in this quadplex has undergone a transformation in the last 6 months, marked by loving attention to detail and thoughtful upgrades. Units 1 and 2 boast polished floorboards, exuding timeless elegance, while units 3 and 4 feature hybrid flooring, offering a modern and low-maintenance living environment. The electrics and plumbing throughout the quadplex have been comprehensively upgraded, ensuring the utmost safety and convenience. Freshly painted interiors provide a clean, crisp canvas for residents to make their own. Units 3 and 4 are graced with brand new kitchens, equipped with modern appliances including new dishwashers in Units 3 and 4. All new fans have been installed in all 8 bedrooms The quadplex has seen a significant exterior facelift, including renovated driveways for an inviting entry. Exterior fences have been professionally painted to enhance the curb appeal. New dividing screens have been added between each unit to provide privacy and separation. The courtyards have all received an modern tasteful upgrade Individual privacy screens on each unit contribute to the serene and private atmosphere. All new underground plumbing installed from rear of the block allowing better drainage. Spreaders on the roof added for extra drainage during heavy rain. Carport in unit 3 rebuilt Driveways rebuilt, repaired and updated. The complex has been beautifully adorned with new gardens, creating a tranquil and inviting atmosphere for residents to enjoy. The extensive renovations and exterior improvements have had a profound impact on the quadplex's income potential. The property now commands an impressive return of just of just over $1,400 per week (3 units at $350 and one at $360), reflecting the quality and attention to detail invested in its transformation.
This quadplex is now accepting offers. Don't miss your chance to acquire a prime piece of real estate that combines incredible rental potential with unparalleled quality.
Inspections
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Contact Phillip Coorey to learn more about this property, request an inspection or take an online tour.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.