OFF MARKET

9 Hirst Street
Greenmount QLD 4359

Bedrooms: 18
Bathrooms: 10
Car spaces: 10
Land area: 955m2
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Property Details for 9 Hirst St, Greenmount

9 Hirst St, Greenmount is a 18 bedroom, 10 bathroom Unit with 10 parking spaces. The property has a land size of 955m2.

Building Type
Unit
Land Size
955m2
Local Government
Toowoomba Regional
Lot/Plan
1/SP222421

Last Listing description (August 2021)

MODERN, LOWSET and selling altogether, this ENTIRE Unit Block of 10 Units in Greenmount is presented by Harsha Kumarasinghe with Jacqui Walker.

INVESTOR QUICK GLANCE:

- 10 Units total
- 8 x 2 bedroom Units
----- each with 1 bathroom and 1 internal garage
- 2 x 1 bedroom Units (Units 5 and 8)
----- these 2 with even larger living space and additional cupboards, 1 bathroom and 1 internal garage
- Gross rent return: 7.21% p.a.
- Annual gross lease income: $108,212.00
- Each Unit currently let on a 12 month lease, with staggered expiry dates long into 2021
----- Tip: Staggered expiry dates are excellent for lower vacancy rates and more solid income!
- Average rent per unit is $208.00/wk
- 9 of the 10 leases here are handled by our Office, currently 3 are long-term tenants

EACH UNIT OFFERS:

- 2 built-in bedrooms, each carpeted and with ceiling fans (2 units with 1 bedroom)
- Air-conditioned open-plan living and kitchen area
- Modern kitchen with dishwasher, electric cooking and ample cupboard space
- Modern bathroom with shower, toilet and vanity
- Euro laundry
- Single garage with internal access
- Private low maintenance courtyard with pebbled paths
- Security screens to all windows and doors
- Rainwater tank for each Unit

USEFUL TO KNOW:

- Very large outdoors space to Unit 1 and 10
- Side access strip to backyard from Units 3, 4, 7 and 8

WHAT'S NEARBY?

- 240 metres to Greenmount Primary School
- 390 metres to Post Office, Store and Park
- 15 minutes to Clifton High School
- 23 minutes to Toowoomba

WHAT A COMBINATION: a 7.21% gross annual rent yield, long leases with strategic expiry dates for lower vacancy rates, and modern presentation. PROFESSIONAL INVESTORS - this is it!

FOR YOUR CONVENIENCE, Harsha and Jacqui are standing by right now to answer your questions or to arrange your inspection. SEE THIS UNIT BLOCK OF TEN TODAY!

***USEFUL INFO courtesy of Harsha Kumarasignhe at Jacqui Walker Sells:

- Visitor carparking on-site: 3 shared spaces
- Internet: Can connect to the NBN via Fixed Wireless (FW)
- Local Government Area: Toowoomba Regional Council
- Dimensions: 41.3m wide x 97.5m deep
- Allotment Size: 3,917 square metres (almost 1 acre)
- State School Zone: Greenmount Primary (P-6; 240m) and Clifton High (7-12; 15 mins)
- Disclaimer: All care taken, however you're encouraged to independently verify all figures and indications.

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Property History for 9 Hirst St, Greenmount, QLD 4359

A timeline of how this property has performed in the market
Listed for Rent
$195/w
15 Dec 2016
  • 30 Oct 2019
    Listed for Sale Block of 10 Units - $1.5 Million
  • 16 Jan 2018
    Listed for Sale $175,000 Per Unit
  • 08 Dec 2016
    Listed for Rent - Price not available

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About Greenmount 4359

The size of Greenmount is approximately 48.7 square kilometres. The population of Greenmount in 2011 was 407 people. By 2016 the population was 701 showing a population growth of 72.2% in the area during that time. The predominant age group in Greenmount is 0-9 years. Households in Greenmount are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Greenmount work in a trades occupation. In 2011, 68.5% of the homes in Greenmount were owner-occupied compared with 73.6% in 2016.

Greenmount has 343 properties. Over the last 5 years, Houses in Greenmount have seen a 101.15% increase in median value, while Units have seen a 17.91% increase. As at 31 October 2024:

  • The median value for Houses in Greenmount is $525,654 while the median value for Units is $300,697.
  • Houses have a median rent of $280.
There are currently 1 property listed for sale, and no properties listed for rent in Greenmount on OnTheHouse. According to CoreLogic's data, 22 properties were sold in the past 12 months in Greenmount.

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