Kooringa Estate, Toowoomba - Duplex 5.5% Rental Yield
This just completed duplex is located in the prestige new Kooringa Valley Estate. Built on a house sized corner block this duplex is larger than most with 3 bedrooms, 2 bathrooms and 2 living areas in each side not to mention the expansive outdoor space.
Perfect buying for a self managed super fund as each of these properties will rent easily and while your tenants are paying off your mortgage your property will be increasing in value. Expected rental is approximately $370 each side which is a yield of 5.5%
This unit features 3 built in bedrooms with plush carpeting and two modern bathrooms including a stylish ensuite in the Mater and a family bathroom with separate shower and bath.
The generous kitchen features electric cooking, a dishwasher and heaps of bench and cupboard space and overlooks the air-conditioned open plan lounge/dining area with plenty of room to relax. There is an additional living area at the front of the home, perfect as a formal lounge/media room. You will love entertaining in the covered outdoor area looking across the large backyard with stunning views of the distant countryside.
Complete with a remote single lock up garage, established gardens and located minutes to major conveniences, this property won’t last. Rent appraised at $360-$380 per week, and Unit 2 is also available for Offers Over $349,000. Don’t miss this brilliant opportunity!
Positioned on the outskirts of Toowoomba, Kooringa Valley Estate is conveniently located in Cotswold Hills only 8.5 kilometres from town providing easy access to the city centre and its many shopping centres and schools.
You are only a short drive to anywhere in Toowoomba yet when you get home to Kooringa Valley Estate you will feel like you are a world away. As part of future land releases, a retail shopping precinct is planned to provide convenient shopping for residents of Kooringa Valley Estate.
Natural parklands form an integral part of the development of Kooringa Valley Estate providing an area for families to relax and enjoy the fresh air and open spaces.
Kooringa Valley Estate is arguably Toowoomba’s most anticipated latest land release.
While setting new standards in rural and executive living, Kooringa Valley Estate has been designed to meet the needs and demands of modern family life away from the noise of the traffic and city hustle.