OFF MARKET

192A South Street
Centenary Heights QLD 4350

Bedrooms: 6
Bathrooms: 4
Car spaces: 3
Floor area: 104m2
Land area: 314m2
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Property Details for 192a South St, Centenary Heights

192a South St, Centenary Heights is a 6 bedroom, 4 bathroom Unit with 3 parking spaces and was built in 2018. The property has a land size of 314m2 and floor size of 104m2.

Building Type
Unit
Year Built
2018
Floor Size
104m2
Land Size
314m2
Local Government
Toowoomba Regional
Lot/Plan
1/SP307286

Last Listing description (July 2020)

PRIVATELY SET IN A QUIET ENCLAVE, this entire Duplex presented by Jacqui Walker in desirable Centenary Heights yields a 5.31% gross rent return yearly. Then there's the ongoing capital growth!

BUY ONE or buy both!

INVESTOR FAST LOOK:

- 2 Unit duplex
- Gross Rent Yield 5.31% p.a.
- Gross weekly rent $775.00/wk
- Rates: $988.15 net 1/2 yr per unit
- Water Access: $292.59 net 1/2 yr per unit
- Unit 1: 3 built-in bedrooms, 2 bathrooms, 1 automatic garage, 1 carpark and earning $375.00/wk
- Unit 2: 3 built-in bedrooms, 2 bathrooms, Double automatic garage and earning $400.00/wk
- Built late 2018, this equals maximum tax depreciation
- Each Unit rented to a corporate tenant until 19th December 2020

POINTS OF DIFFERENCE:

- Hidden by a long private driveway
- Established character homes nearby
- Opportunity to buy 1 or both

AN OWNER-OCCUPIER could settle now and move-in this December.

EITHER WAY, here's 10 features every Owner-Occupier or Investor will love:

- High 2,550mm ceilings
- Stone surfaces to benches throughout
- Floor to ceiling tiles in each bathroom
- Reverse-cycle air conditioning and ceiling fans
- Spacious designer kitchens
- Earthy tones throughout
- Designer lighting and many luxurious finishes
- Tiled undercover entertainment areas created for happiness
- Striking brick facades complemented by timber and render elements
- Brick construction, tiled roof

THE CURRENT OWNERS seek to realise their capital gain. This is your opportunity to add a contemporary near-new Duplex to your investment portfolio. Alternately, the Owner will separate the duplex selling each Unit individually.

WHAT'S NEARBY?

- Opposite Salem Aged Care
- 140m to South/Hume Street Roundabout
- 300m to Gold Park Ovals
- 300m to Ravenscourt Street Park
- 350m to Rosemont Cottage Kindergarten and Preschool
- 800m to Thai Royal and Southtown Shops
- 800m to Centenary Heights High School
- 2km to Kmart (Toowoomba Plaza)
- 2.4km to Rangeville Primary School
- 2.5km to Grand Central/CBD

INVESTORS - Toowoomba is booming:

- $1.6 billion Second Range Crossing now open
- $40m Pulse Data Centre now operating, the cornerstone of Twba Technology Park
- All eyes are on the new Airport, Inland Rail and Industrial Park
- Multiple CBD laneways gentrifying into food-oriented precincts
- $500m Grand Central Shopping Centre redevelopment has been completed

FOR YOUR CONVENIENCE, I'm standing by to answer your questions or schedule your inspection. GET STYLE, GET YIELD AND GET CAPITAL GROWTH TODAY!

*****HELPFUL SPECS courtesy of Jacqui Walker Sells Sensational Moves:

- Recent General Rates: Approx. $988.15 nett 1/2 yr per unit
- Recent Water Access: $292.59 net 1/2 yr per unit + use
- Local Government Area: Toowoomba Regional Council
- Internet: Each unit can connect to NBN on Fibre-to-the-Premises technology (FTTP)
- State School Zone: Rangeville Primary (P-6, 2.4km); Centenary Heights High (7-12, 800m)
- Disclaimer: All care taken, however you are encouraged to independently verify all figures, measurements and indications.

Property History for 192a South St, Centenary Heights, QLD 4350

A timeline of how this property has performed in the market
  • 11 Jun 2020
    Listed for Sale Unit 1 - $369,000, Unit 2 - $389,000
  • 27 Nov 2019
    Listed for Sale $699,000+

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About Centenary Heights 4350

The size of Centenary Heights is approximately 3.1 square kilometres. It has 14 parks covering nearly 8.5% of total area. The population of Centenary Heights in 2011 was 5,878 people. By 2016 the population was 6,084 showing a population growth of 3.5% in the area during that time. The predominant age group in Centenary Heights is 20-29 years. Households in Centenary Heights are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Centenary Heights work in a professional occupation. In 2011, 66.5% of the homes in Centenary Heights were owner-occupied compared with 62.4% in 2016.

Centenary Heights has 3,068 properties. Over the last 5 years, Houses in Centenary Heights have seen a 87.24% increase in median value, while Units have seen a 88.49% increase. As at 31 October 2024:

  • The median value for Houses in Centenary Heights is $640,776 while the median value for Units is $563,373.
  • Houses have a median rent of $520 while Units have a median rent of $420.
There are currently 23 properties listed for sale, and 11 properties listed for rent in Centenary heights on OnTheHouse. According to CoreLogic's data, 136 properties were sold in the past 12 months in Centenary heights.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.