510/532-544 Ruthven Street
Toowoomba City QLD 4350
- 2 Bed
- 2 Bath
- 2 Toilet
- 1 Park
$385,000
JUST Under Contract!
A reliable, 'set and forget' cashflow property investment at approximately 7% gross return could be yours in Toowoomba CBD's proud Central Plaza Apartments – part of a national serviced apartment management chain.Proudly featuring:
- A two dwelling layout ("dual-key") offering a generous studio style apartment on one side with full kitchen, separate spacious bedroom, European laundry, external balcony and on the other a classic hotel room fit-out including kitchenette and separate bathroom
- Interconnecting doors between apartments
- Both sides managed currently as short-stay accommodation through the onsite managers with monthly income paid to you regardless of bookings/occupancy levels each side
- Includes one allocated car space under building
- Furniture is rented monthly through the management for fee of $253/month
- Body Corporate levy - approx $1,860/quarter
- Insurance levy - under $400/year
- General Rates - $1061.88 net per half year
- Water Access Charge - $314.59 net per half year plus usage
- On site complex managers - no extra management fees payable
- Current guaranteed rental income of $2,228.04 per month
- The complex also offers use of a gymnasium, heated pool, spa and outdoor BBQ area
- Air-conditioning and ceiling fans to both apartments
- With the required 60 day notice the dual units can be removed from the managed rental pool and used for live-in purposes, or for other private rental management options if desired
Located in the heart of the CBD close to shops, restaurants, bars and other amenities, the complex offers 'inner-city' style living and a range of options for use and/or income.
Features
General Features
- Property Type: Unit
- Bedrooms: 2
- Bathrooms: 2
- Living Areas: 2
Indoor Features
- Toilets: 2
- Built In Wardrobe
- Study
Outdoor Features
- Garage Spaces: 1
- Secure Parking
- Balcony
- Outdoor Entertainment
Other Features
- Area Views
- Car Parking - Basement
- Carpeted
- City Views
- Close to Schools
- Close to Shops
Can I afford 510/532-544 Ruthven Street?
Whether you’re a first-time buyer, looking for your next home, or considering upgrading or downgrading, Elders Finance can unlock the doors to the right finance option for you and get you into the home of your dreams.
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Enquire about 510/532-544 Ruthven Street, Toowoomba City, QLD, 4350