4/123 South St, Centenary Heights is a 8 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1970. The property has a land size of 92m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 8 bedroom Unit sold in Centenary Heights in the last 12 months.
INVESTOR QUICK GLANCE:
- Entire Unit Block
- 2 level complex of 4 UPDATED units
- Each with 2/1/1 floorplan
- Strata-titled, selling all 4 together
- Currently yielding 5.12% P.A. gross annual rental yield
- Gross lease income $980.00 per week currently
::: Each Unit earns $245.00 per week
- 100% Leased ... lease length details will be added shortly
- Outgoings:
::: Recent General Rates and Charges: Approx $990.00 PER UNIT net 1/2 yr
::: Recent Water Infrastructure Charge: $314.60 net 1/2 yr + consumption
::: ZERO body corp
SITE AND STRUCTURE:
- Desirable eastside position
- 729m2 allotment
- Possibility exists to build additional units, subject to Council approval
- Brick construction, metal roof to 2 level complex of 4 UPDATED units
- 4 carports
- Low maintenance gardens
UNITS DEEP-DIVE:
- The upstairs Units capture lovely sweeping EAST VIEWS
- Floating timber floors and updated carpets
- Updated kitchens
- Updated bathrooms
- Spacious living and dining rooms
- 2 bedrooms to each unit, all with built-in robes
- Internal laundries to each unit
- Toilet separate to bathroom in each unit
- Private balconies upstairs
- A single carport on-side for each Unit
- Best possible internet connectivity, with fibre to each Unit not just the street
WHAT'S NEARBY?
- 210 metres to park
- 400 metres to Centenary Heights High School
- 400 metres to a vibrant shopping precinct
- 1.2km to Rangeville Primary School
NOW IS THE MOMENT to seize this opportunity to add a RARE QUADPLEX site to your investment portfolio.
24/7, The Jacqui Walker Sells Team is available to answer your questions or to BOOK YOUR INSPECTION. SEE NOW!
***HANDY SPECS courtesy of Jacqui Walker Sells Sensational Moves:
- Local Government Area: Toowoomba Regional Council
- Internet: Can connect to NBN via Fibre-to-the-Premises technology, FTTP
- State School Zone: Rangeville Primary, P-6; Centenary Heights High, 7-12
- Disclaimer: All care taken, however you're encouraged to independently verify all figures and indications.
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 3,066 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:
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