4 Catto St, Centenary Heights is a 6 bedroom, 3 bathroom House with 3 parking spaces and was built in 1970. The property has a land size of 827m2 and floor size of 827m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
With recent renovations on all 3 units over the past 4 years this fantastic block of 3 units in a triplex is located in the desirable pocket of Centenary Heights. Located to many popular amenities of East Creek Parkland, popular Centenary Heights High School and so close to convenient shopping and cafes of Southtown Shopping Centre, these practical units will satisfy even the most fastidious investor.
These well-appointed units offer quality finishes throughout and are always well sought after with quality eager tenants wanting to secure a great location.
Offering open plan living areas, two generous sized built in bedrooms, neat and tidy bathrooms, separate laundry, quality kitchens, flooring and window coverings. Single lock up garage with internal access, security screens and a large separate laundry.
This triplex is on one title... that's NO Body Corporate Strata fee's, that's one rates, one insurance and the bonus of Individual water meters that has been installed plus water compliance certificates for the water usage to be charged to the tenants. New photoelectric smoke alarms has also been installed to the new 2022 standard.
With the current weekly rent of $765, this will be fantastic value buying for your investment portfolio. With increasing rents this solid property is a hard to find investment. Rents are expected to rise $10/$20per unit at the end of there lease's in January 2022. This is an excellent property in a brilliant location that is sure to contribute a favorable return to any investment portfolio.
Rates: $2,404.45 Net per half year Water Access Fee: $304.59 Net per half year
Accelerating success. Contact Ashley North from Colliers International Toowoomba for more information.
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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