OFF MARKET

4 Gunn Street
Kearneys Spring QLD 4350

Bedrooms: 8
Bathrooms: 3
Car spaces: 3
Land area: 225m2
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Property Details for 4 Gunn St, Kearneys Spring

4 Gunn St, Kearneys Spring is a 8 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 225m2.

Building Type
Unit
Land Size
225m2
Local Government
Toowoomba Regional
Lot/Plan
2/SP254442

Last Listing description (November 2021)

JACQUI WALKER presents this BLOCK OF 3 UNITS in Kearneys Spring - earning 5.86% gross annual rent yield ... with lengthy leases in place ... and refreshed presentation!INVESTOR QUICK-GLANCE:- 3 x Strata-Titled Units selling altogether- 8 bedrooms total, 3 bathrooms, 3 carports- Gross rent return: 5.86% p.a.- Annual gross lease income: $43,940.00- Each lease managed by our Office::::: U1 earns $280/wk on a periodic lease::::: U2 earns $275/wk until Oct 2021::::: U3 earns $290/wk until Sep 2021- Whole complex = ZERO body corp fees- Recent Water Access charge per Unit: $304.59 nett 1/2 yr + use- Recent General Rates per Unit: $1,011.87 nett 1/2 yrEACH REFRESHED UNIT at 'Gunn Street Villas' offers:- A light-filled living room- Welcoming dining area- Updated attractive kitchen- 3 bedrooms each to the front and middle Units- 2 bedrooms to the rear Unit- 1 bathroom to each Unit with shower, vanity and toilet- 1 carport for each Unit- A private backyard to each Unit- And best possible internet connectivity with Fibre-to-the-Premises not just the streetOUTSIDE DISCOVER:- Updated, refreshed street appeal- Set on a 1,006 square metre allotment::::: That's around a quarter of an acre!- Security screens to doors and windows- A lovely backyard to each Unit ... one with a handy shedWHAT'S NEARBY?- 190m to Nell E. Robinson Ovals and Park- 700m to Coles Express and Takeaway options- 1.1km to Kmart at Toowoomba Plaza- 2.5km to Centenary Heights High School- 2.6km to Middle Ridge Primary SchoolWHAT A COMBINATION: Earning 5.86% gross annual rent yield ... with lengthy leases in place ... and refreshed presentation!WHOLE UNIT BLOCKS RARELY HIT THE MARKET, so this is your opportunity to add a Triplex site 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 recent $500m QIC Grand Central Shopping Centre now complete.FOR YOUR CONVENIENCE, I'm standing by right now to answer your questions or to arrange your inspection. SEE THIS BLOCK OF THREE UNITS NOW!***HELPFUL SPECS courtesy of Jacqui Walker Sells Sensational Moves:- Real Property Description: Lots 1-3 on Site Plan 254442- Allotment Dimensions: Approx. 21.5m x 43.2m- Allotment Size: 1,006 square metres - Zoned: Neighbourhood Residential- Recent Water Access charge per Unit: $304.59 nett 1/2 yr + use- Recent General Rates per Unit: $1,011.87 nett 1/2 yr- Local Government Area: Toowoomba Regional Council- Internet: Can connect to the NBN via Fibre-to-the-Premises (FTTP)- State School Zone: Middle Ridge Primary (P-6; 2.6km) and Centenary Heights High (7-12; 2.5km)- Disclaimer: All care taken, however you're encouraged to independently verify all figures and indications.

Property History for 4 Gunn St, Kearneys Spring, QLD 4350

A timeline of how this property has performed in the market
  • 04 Dec 2020
    Listed for Sale Block of 3 Units - $799,000
  • 24 Sep 2020
    Listed for Sale Units From $259,000
  • 18 May 2015
    Listed for Sale Units From $259,000

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About Kearneys Spring 4350

The size of Kearneys Spring is approximately 6.5 square kilometres. It has 22 parks covering nearly 15.1% of total area. The population of Kearneys Spring in 2011 was 7,347 people. By 2016 the population was 8,557 showing a population growth of 16.5% in the area during that time. The predominant age group in Kearneys Spring is 20-29 years. Households in Kearneys Spring are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kearneys Spring work in a professional occupation. In 2011, 51.6% of the homes in Kearneys Spring were owner-occupied compared with 49.1% in 2016.

Kearneys Spring has 4,845 properties. Over the last 5 years, Houses in Kearneys Spring have seen a 92.44% increase in median value, while Units have seen a 69.37% increase. As at 30 November 2024:

  • The median value for Houses in Kearneys Spring is $691,387 while the median value for Units is $444,353.
  • Houses have a median rent of $530 while Units have a median rent of $400.
There are currently 30 properties listed for sale, and 13 properties listed for rent in Kearneys spring on OnTheHouse. According to CoreLogic's data, 230 properties were sold in the past 12 months in Kearneys spring.

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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.