6-8 Fitzpatrick Street
Wilsonton, QLD 4350

Overview

Savvy Investors, This is the One You've Been Waiting For.

Welcome to 6 & 8 Fitzpatrick Street, Wilsonton, a prime investment opportunity offering a set-and-forget asset with strong returns, land value, and future growth potential. This property is situated on a generous 1,178 square meter flat block, featuring four fully self-contained residences without any body corporate fees, a rare and valuable combination that maximizes your investment returns.

The property comprises four separate units: Units 1 and 2 at 6 Fitzpatrick Street have been updated, while Units 1 and 2 at 8 Fitzpatrick Street remain in their original condition. This diversity provides flexibility and options for tenants and investors alike.

Key features of this property include:

• Four separate income streams, providing diversified rental income.
• No body corporate fees, allowing you to maximize your return on investment.
• A large, flat, and fully usable block of land, offering ease of access and potential for future development or enhancements.
• Wide driveway access for convenient entry and exit.
• Strong tenant demand with flexible living options, ensuring reduced vacancy risk.

Investment snapshot:

• Combined current income of $1,320 per week.
• Estimated rental return of $1,560 per week.
• Multiple tenancies reduce the risk of vacancy and provide steady cash flow.

Location is a significant advantage, with the property set in a high-demand pocket of Toowoomba. It is conveniently close to schools, shopping centers, parks, and public transport, all of which are attractive features for tenants.

This opportunity is tightly held and expected to attract strong interest, so prompt action is advised.

Additional information includes:

• Rates approximately $3,499.49 per half year (net).
• Water access charges approximately $794.54 per half year (net).

Please note that the floor plan provided is for Unit 1/8 Fitzpatrick Street, and other units may vary slightly.

Disclaimer: The vendors and Century 21 The Garden City, including its agents and associated entities, do not provide any warranty as to the accuracy or completeness of the information. Prospective purchasers should verify all details independently before making financial decisions.

Location