6 Reserve Road, Cranley, Qld 4350

SELLING WITH INCOME - just 1.9km to the upcoming Major New Hospital - Harsha Kumarasinghe from The Jacqui Walker Sells Team presents this WHOLE DUPLEX, currently showing 4.63% gross annual rent yield.



ALERT, ALERT: Buy one, or buy both.


HARSHA'S PROPERTY PULSE: ' Savvy Investors are looking for options in the New Hospital precinct growth corridor - and for good reason.  This emerging Health & Hope Hub is set to supercharge demand in Cranley.  I think it's going to sizzle !! '



THE ASSET:

- Whole Duplex of 2 Units here
::: Buy ONE or Buy BOTH
::: Set on a 577 Sq Mtr Allotment, south-east facing, 34m deep x 17m wide

- Total of 6 Bedrooms / 4 Bathrooms / 2 Car Accomm

- Each Unit offers
::: 3 x Bedrooms
::: 2 x Bathrooms
::: 1 x Internal lock-up Single Garage, fitted with a remote-controlled door



THE SUMS:

- Gross rent yield 4.63% p.a., based on Offers Over price for this whole Duplex

- Unit 1 currently earning $490.00 per week on 12 month lease 'til Feb 2026
- Unit 2 currently earning $490.00 per week on 12 month lease 'til Aug 2025
::: Current total weekly income $980.00

- Current annual income $50,960.00

- Recent General Rates and Charges: $2,073.93 net half-year, for whole title

- Recent Water Infrastructure Charge: Generally $315.29 net + consumption, for whole title

- If the sale is split on a per Unit basis, generally no Body Corporate is necessary for a Duplex
::: Typically, Building Insurance costs are shared with the neighbouring owner; and a simple lawncare plan is arranged

- Last Rent Increase:
::: Unit 1: February 2024
::: Unit 2: August 2024

- Subject to Legislation about rent-rises, we believe at next lease renewal, this property could achieve rent of $530.00 per week per unit based on current market conditions



INSIDE DEEP-DIVE:

- Modern Kitchen with Practical Features
::: Fridge recess
::: Stainless-steel oven
::: DISHWASHER
::: Electric stove
::: Pantry
::: Slimline rangehood
::: 2-bowl sink
::: Useful bench space and cupboard storage

- Kitchen Overlooks the Dining Area 

- Several steps lead to the lovely SUNKEN Lounge Room
::: With reverse-cycle AIR conditioning
::: Overlooking this space is the higher Dining Area
::: Lounge Room flows out to the private Courtyard, enhancing indoor/outdoor living
::: These rear indoor/outdoor spaces enjoy the day's NORTH-EAST sunlight ... perfect really!

- Total of 3 Bedrooms
::: Main Bedroom with ENSUITE hosting a vanity, toilet and shower
::: Each with built-in wardrobes and ceiling fans

- Main Bathroom



OUTSIDE FACTS AND FIGURES:

- Set on a 577 Sq Mtr allotment
::: 34m deep x 17m wide

- Attractive street presence and visual Appeal, likely resulting in lower vacancy and higher rents from optimal tenants
::: Also a great basis for future resale value

- Sleek horizontal glass features on the Front Doors

- Low-maintenance, well-presented Gardens

- Neat Lawns

- Ample Off-Street Parking for Tenants
::: Each Unit benefits from one-side each of the wide double driveway
::: Each Tenant could park one car in the Garage and another in-front

- Private, fully-fenced Courtyard with pavers
::: Side boundary fencing extends to the nature strip 



WHAT'S NEARBY?

- 500m to Barlow Street Park
- 1.7km to Wilsonton High School
- 1.9km to upcoming new Toowoomba Hospital
- 2.4km to Fairview Heights Primary School
- 2.6km to Wilsonton Shopping Centre
- 3.8km to Grand Central Shopping Centre / CBD



TOOWOOMBA ECONOMIC SNAPSHOT:

- Toowoomba region population approx. 170,000
- Toowoomba has a gross regional product of $11.56 billion
- Toowoomba is the gateway to the west
::: Abundant gas and oil resources
::: Significant rural wealth
- Inland city showing huge growth
::: $1.6 billion Second Range Crossing completed 2019
::: $500m QIC Grand Central Shopping Centre upgrade completed 2017
::: International Freight Airport
::: Airport Industrial Park
::: Regional Data Centre
- 80 mins drive to Brisbane, flights available
- Under 2 hour drive to Gold Coast



POSITIONED in the New Hospital Growth Corridor for anticipated ongoing capital growth and strong rental performance, this Whole Duplex offers a compelling combination of aesthetic appeal, practical tenant-friendly design, and low-maintenance landscaping.

PLAN to see quickly!

FOR YOUR CONVENIENCE, The Jacqui Walker Sells Team is standing by to answer your inquiry or call. SEE NOW!




*****HELPFUL INFO courtesy of The Jacqui Walker Team:

- Orientation-to-street: South-east

- Real Property Description is Lot 44 on Survey Plan 256664

- Local Government Area: Toowoomba Regional Council

- State School Zone: Fairview Heights Primary, P-6; Wilsonton High, 7-12

- Disclaimer: All care taken, however you are encouraged to independently verify all figures and indications.