28 Boyes St, Harristown is a 5 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 557m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
THIS WHOLE DUPLEX of 2 Flats in Harristown can earn you a 5.5% gross annual rent yield.
BOTH FLATS HERE are one title and both are SELLING TOGETHER. There's also a fantastic RENOVATION to Flat 1.
INVESTOR QUICK-GLANCE:
- 2 x Flats, side-by-side, selling as a Whole Duplex on 1 title
- Across 2 flats get: 5 bedrooms / 2 bathrooms / 2 carports
- Anticipate annual gross lease income: $32,760
::::: 2 bedroom Flat 1 currently earns $285/wk, with potential to increase with commencement of next tenancy
::::: 3 bedroom Flat 2 currently earns $310/wk
- This results in anticipated gross rent return of 5.5% p.a.
- Approx General Rates whole duplex: $1,554.27 nett 1/2 yr
- Approx Water Access whole duplex: $314.95 nett 1/2 yr + use
- Entire duplex = ZERO body corp fees
- Original duplex in established Toowoomba street
- NORTH-facing allotment
- 557 square metres with backyard fully-fenced
SO LET'S ZOOM IN on this opportunity:
- Flat 1
::::: Renovation complete with brand-new carpets and air-conditioning
::::: A brand-new kitchen
::::: Combined lounge and dining room
::::: 3 bedrooms, 2 with built-in robes
::::: A renovated bathroom with a large shower
::::: And a handy front carport
- Flat 2
::::: Kitchen has been nicely updated
::::: Attractive living and dining area
::::: Air-conditioning
::::: 2 bedrooms, 1 with built-in robes
::::: Good-sized bathroom with handy laundry area
::::: And a fantastic front carport
WHAT'S NEARBY?
- 400m to park and ovals
- 650m to Clifford Gardens
- 1.2km to Toowoomba Hospital
- 1.3km to Harristown High
- 1.5km to Newtown Primary School
- 1.6km to Grand Central Shopping Centre
WHAT A COMBINATION: Forecast to earn a 5.5% gross annual rent yield ... 6 fantastic destinations with 1.6km ... nice updates to Flat 2 ... and Flat 1 totally renovated!
WHOLE DUPLEXES RARELY HIT THE MARKET, so this is your opportunity to add a set of Duplex flat - with a solid earning outlook - to your investment portfolio.
TOOWOOMBA IS BOOMING with investors capitalising on the $1.6 billion Second Range Crossing, Airport Industrial Park, Regional Data Centre, new food precincts - and the $500m QIC Grand Central Shopping Centre upgrade is complete.
FOR YOUR CONVENIENCE, we're available right now to answer your questions or to arrange your inspection. SEE THIS DUPLEX NOW!
***USEFUL INFO AND SUMS courtesy of Jacqui Walker Sells Sensational Moves:
- Title: 2 Units on 1 title
- Lot 3 on Registered Plan 180062
- Allotment Dimensions: Approx 20.7m wide x 27.7m deep
- Allotment Size: 557 square metres
- Zoned: Mixed Density Residential
- Land Use: Multi Unit Dwelling (Flats)
- Approx General Rates whole duplex: $1,554.27 nett 1/2 yr
- Approx Water Access whole duplex: $314.95 nett 1/2 yr + use
- Entire duplex = ZERO body corp fees
- Local Government Area: Toowoomba Regional Council
- Orientation: North-facing
- Internet: Each flat has NBN connectivity via Fibre-to-the-Node (FTTN)
- State School Zone: Newtown Primary (P-6; 1.5km) and Harristown High (7-12; 1.3km)
- Disclaimer: All care taken, however you're encouraged to independently verify all figures and indications.
The size of Harristown is approximately 7.2 square kilometres. It has 18 parks covering nearly 2.8% of total area. The population of Harristown in 2011 was 8,490 people. By 2016 the population was 8,550 showing a population growth of 0.7% in the area during that time. The predominant age group in Harristown is 20-29 years. Households in Harristown are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Harristown work in a trades occupation. In 2011, 56.4% of the homes in Harristown were owner-occupied compared with 53.9% in 2016.
Harristown has 4,722 properties. Over the last 5 years, Houses in Harristown have seen a 88.39% increase in median value, while Units have seen a 55.54% increase. As at 31 October 2024:
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