8-10 Link Street, North Toowoomba, Qld 4350

COME WITH US NOW to North Toowoomba in Queensland, where Jacqui Walker presents 'Park Link' - an ENTIRE UNIT BLOCK of 12 Units - with robust rental history, selling 100% Leased.



INVESTOR QUICK GLANCE:

- 12 Units, each with 2 Bedrooms, 1 Bathroom and 1 Carport

- The 12 Units are comprised of 6 Duplexes, completed in stages across 2013-2018

- Current annual rent income: $231,660.00
- Gross rent return 4.63% p.a.

- Scroll below for Outgoings
- Scroll below for list of LOW-MAINTENANCE features



SOLID LEASES:

- Selling 100% leased
- Emphasis on 1 Year Lease Terms
- Managed by the Property Management Team at our office, REMAX Success

::: Unit  1 - $360.00/wk - until 01/04/2026, rent last increased 09/09/2024 
::: Unit  2 - $360.00/wk - until 08/09/2025, rent last increased 24/09/2024
::: Unit  3 - $365.00/wk - until 10/11/2025, rent last increased 10/11/2024
::: Unit  4 - $375.00/wk - until 04/02/2026, rent last increased 25/02/2025
::: Unit  5 - $365.00/wk - until 05/01/2026, rent last increased 09/07/2024
::: Unit  6 - $390.00/wk - until 20/07/2026, rent last increased 16/07/2025
::: Unit  7 - $390.00/wk - until 03/08/2026, rent last increased 02/08/2025
::: Unit  8 - $365.00/wk - until 22/09/2025, rent last increased 04/09/2024
::: Unit  9 - $360.00/wk - until 20/12/2025, rent last increased 18/06/2024
::: Unit 10 - $375.00/wk - until 30/03/2026, rent last increased 25/03/2025
::: Unit 11 - $375.00/wk - until 06/04/2026, rent last increased 02/04/2025
::: Unit 12 - $375.00/wk - until 03/03/2026, rent last increased 04/03/2025

- Are North Toowoomba rental properties highly demanded?  Generally always, and definitely now in the current rental market, with lower supply than demand 



TOTAL INCOME AND MAJOR OUTGOINGS:

- Current annual rent income: $231,660.00

- Recent General Rates and Charges: $5,763.11 + $5,800.61 gross per half-year 
- Water Infrastructure Charge: Approx $1,320.00 per half-year, then Tenants pay consumption

- Body Corp: entire Complex held by one owner, therefore, no Body Corp

- Also consider Building Insurance ... Lease Management Fees ... Garden Maintenance ... and Building Upkeep externally and internally



THE ALLOTMENTS:

- Entrance faces west to Link Street

- Set on two titles with NO overlapping easements
::: 8 Link Street is Lot 9 on Registered Plan 50021
::: 10 Link Street is Lot 10 on Registered Plan 50021
::: Total combined land area is approx. 2,906 Square Mtrs



THE BUILDINGS:

- The 12 Units are made up of 6 Duplexes
- Brick-veneer buildings
- Modern design
- Steel-frame construction reduces potential impact of White-Ant damage
- Completed in stages 2013-2018



EACH UNIT FEATURES:

- Spaciousness across 2 Bedrooms, 1 Bathroom and 1 Carport
- Reverse-cycle air conditioning
- A dishwasher
- Water efficient devices
- A huge 400 litre Solar hot water system
- Well-designed bedroom cupboards with shelves, hanging space and additional higher shelves
- Internal additional data access points for television streaming
- ANL security screens and security doors
- Desirable shade to each Unit from carport
- Best possible internet connectivity, with NBN to each Unit rather than only to the street, FTTP



EASY LONG-TERM MAINTENANCE:

- 12 mail boxes WILL NEVER RUST: aluminium, sealed in a pack
- Durable retaining walls: concrete post and concrete sleepers, and each less than 1m high
- Durable Colorbond steel fencing
- Rubber bumpers to 4 visitor carparks to PROTECT fence
- Durable well-protected power box is SHELTERED within an extra skin in a concrete-based steel enclosure
- Front 4 units have LED fluro lights which NEVER need maintenance
- Virtually maintenance-FREE backyards, with landscaping stone
::: Except unit 7
- Emphasis on EASY-CARE plants and low-maintenance common areas



PARKING AND ACCESS:

- 16 carparks total
::: 4 Visitor carparks at front
::: 12 Carports, 1 to each Unit
- Extra-wide driveway, for more harmonious community living
- Ample space for trade/delivery vehicles to park
- Opportunity exists to add an electronic gate
::: The entrance has been designed for this, with power outlet/cable conduit in place
- Wide street



ALSO:

- 50% of Units have a ceiling fan to each bedroom
- All Units are fitted with low power-usage Fluro light tubes in living areas
- Each Unit is individually metered - read and billed by agent for water supply
- Solar electrical roof systems
::: Each is 3kW per unit except Units 9 and 10 at 1.5kW
- 6 rear Units have water tanks for grey-water use in toilets and washing machine
- All units have functioning water pressure reducers
::: This is because Link Street is noted for high water pressure
::: 50mm poly main Water line to Unit block



WHAT'S NEARBY?

- We understand that the land along the whole street on the west side is owned by the Council

- Bordered by nicely presented Council parklands at rear and on half of one side
::: Park offers tennis courts, shade and swings!

- 350 metres to Bus Stop
- 800 metres to Bunnings
- 850 metres to Coles and Aldi at Northpoint Shopping Centre
- 1.8km to Toowoomba State High School
- 2.0km to Harlaxton Primary School
- 2.0km to CBD



TOOWOOMBA IS BOOMING:

- $1.3 billion dollar upgrades on the way for Toowoomba Hospital
- New Toowoomba Region Sports Precinct in Charlton as part of Council's Sports Precinct Master Plan expected to cost $215 million
- $1.6 billion Second Range Crossing complete
- 2017 completion of modern local Airport and $500m redevelopment of major inner-city Shopping Centre



THIS ENTIRE UNIT BLOCK shows an ATTRACTIVE YIELD - with a long list of LOW-MAINTENANCE features.

PROFESSIONAL INVESTORS should shortlist and see swiftly.

FOR YOUR CONVENIENCE, Jacqui Walker is available to answer your questions and to arrange your on-site inspection.  VIEWING RECOMMENDED.




***Disclaimer: All care taken, however you're encouraged to independently verify all figures and indications.