Toowoomba, Investment Property like no other….. 12 MONTH RENTAL LEASE ALREADY IN PLACE! With a minimum of 5% return!

Listing ID #res27813

7 Colvin Street TOOWOOMBA QLD 4350

Starting from $330,000 - Townhouse
2 Bedrooms2 Bathrooms2 Car Spaces
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With 12 month rental leases already in place these townhouses are and Outstanding Investment!

Set in a complex of only 6 this spacious new unit is an ideal property to add to your investment portfolio or a great first home!

Featuring a tiled open plan living area with air-conditioning these townhouses cannot be missed! Offering:
• 3 generous size bedrooms with built-ins and ensuite & walk in robe to the main
• Double lock up garage with internal access
• Tiled open plan living area
• Well-appointed modern kitchen
• Private patio
• Short Walk to shops & schools
• Rent Appraised at $350 per week
• Rates: $1308.98 per year

Location

• 4-minute drive to University of Southern Queensland
• Toowoomba hospital only a 10-minute drive
• 20-minute drive to the new Wagner Wellcamp Airport
• Less than 15 minutes’ drive to Grand Central Shopping Centre
• Six minutes' walk to enjoy an invigorating massage or a coffee
• Only a few minutes' drive to the Toowoomba CBD

Development

• The recent government approved ‘Second Bypass Crossing’ will bring 2,000 jobs to the region to
complete the $1.7 billion project

• The soon to be completed ‘Wagner Wellcamp Airport’ will allow for international direct jet accessibility and
upon completion will have cost in excess of $100 million and be able to cater for jets as big as Boeing 747s. It
is expected to be catering for up to 1.36 million passengers by year five of operation and contribute $225.6
million by year five to the Gross Regional Product.

• The city’s central business district is set to get a major facelift with a $350 million retail centre development. The much anticipated integration of Gardentown Shopping Centre and Grand Central Shopping Centre will increase the combined size of the two centres by approximately 30,000 square metres to create a master-planned and integrated retail, entertainment and leisure destination. Developer QIC Global Real Estate envisions the development will offer a more dynamic retail experience, while keep expenditure within the local economy. Development is expected to create 1500 jobs during construction and about 1000 retail jobs once completed.

Growth

• Toowoomba is the largest inland regional city in Australia, and is located upon the Great Dividing Range.

• Toowoomba Region area in 2009 was home to 159,098 occupants, accounting for 3.6% of the population in Queensland.

• Over the past five years, the population of the Toowoomba Regional Council area has increased at an average annual rate of 1.9%.

• The region’s major enterprises include manufacturing, resources, retail, health and community services, as well as agriculture and export.

• Toowoomba is the economic and commercial hub of the Darling Downs. It services a diversity of primary and secondary industries and plays a significant role in the economic development of a large area of the southern & south western Queensland.

• Supported by a number of major highways, Toowoomba is located a leisurely 90-minute drive from Brisbane & approximately 120 minutes to both the north & south coasts.

• The most recent ABS Australian Business Register indicated there were 13,727 business entities registered in the Toowoomba Regional Council area on June 2009.


Economy

Toowoomba has a workforce of 59,815 with the three industries employing the largest percentages of the workforce being health care and social assistance; retail trade; and education and training.

Population modelling based on current trends, project the Toowoomba region’s rate of population growth will double, even triple, over the next 18 years. It is conservatively predicted that Toowoomba Regional Council area will be home to nearly 245,000 people by 2031.

Don't miss out! Call Timberland Real Estate on 1300 725 319 or live chat to one of our agents today!

Brad Panayiotou



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