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12 Faith Street is a prime opportunity for those looking to capitalise on taking advantage of Toowoomba's tight vacancy rate by purchasing a duplex with no Body Corporate Fees. This incredible residential investment represents a rare opportunity to acquire a 3 bed and 2 bath duplex, as most are only 2 bed by 2 bath. The owner has maintained the property for the last 30 years and will move out upon settlement allowing you or a tenant to move straight in.
About the Property:
Unit One:
Currently owner/occupied until settlement
Rental Appraisal $500-520/week
3 bedrooms with ceiling fans
Improved kitchen
Improved bathroom with wheelchair friendly access
Living with Reverse-cycle air conditioning
Security screens and doors
Single Lock Up Garage
Enclosed patio with two-way storage (for accessibility scooter)
Exclusive use yard with 2 garden sheds
Unit Two:
Currently tenanted until February 2025 at $260/week - currently under market value, should be $380/week
2 bedrooms with ceiling fans
Living with Reverse-cycle air conditioning
Improved kitchen
Improved bathroom with wheelchair friendly access
Security screens and doors
Single Lock up garage and carport
Exclusive use yard with garden shed
Prominently positioned within a short drive to St Vincent's Hospital, CBD and the Range Shopping Centre, this duplex will always be high rental demand due to its convenient location.
Please note: photos have been virtually staged.