172 Jellicoe Street NEWTOWN QLD 4350
Sold

DESCRIPTION

Unveiling an extraordinary investment opportunity in one of Toowoomba's most coveted suburbs, Newtown, this quadplex is the epitome of long-term stability, superb returns, and exquisite renovations. � Comprising four units, this quadplex is meticulously maintained, offering a high-quality living experience for all occupants. � Each unit is currently occupied by exceptional long-term tenants, ensuring a consistent and reliable income stream. � Every unit in this quadplex has undergone a transformation in the last 6 months, marked by loving attention to detail and thoughtful upgrades. � Units 1 and 2 boast polished floorboards, exuding timeless elegance, while units 3 and 4 feature hybrid flooring, offering a modern and low-maintenance living environment. � The electrics and plumbing throughout the quadplex have been comprehensively upgraded, ensuring the utmost safety and convenience. � Freshly painted interiors provide a clean, crisp canvas for residents to make their own. � Units 3 and 4 are graced with brand new kitchens, equipped with modern appliances including new dishwashers in Units 3 and 4. � All new fans have been installed in all 8 bedrooms � The quadplex has seen a significant exterior facelift, including renovated driveways for an inviting entry. � Exterior fences have been professionally painted to enhance the curb appeal. � New dividing screens have been added between each unit to provide privacy and separation. The courtyards have all received an modern tasteful upgrade � Individual privacy screens on each unit contribute to the serene and private atmosphere. � All new underground plumbing installed from rear of the block allowing better drainage. � Spreaders on the roof added for extra drainage during heavy rain. � Carport in unit 3 rebuilt � Driveways rebuilt, repaired and updated. � The complex has been beautifully adorned with new gardens, creating a tranquil and inviting atmosphere for residents to enjoy. � The extensive renovations and exterior improvements have had a profound impact on the quadplex's income potential. � The property now commands an impressive return of just of just over $1,400 per week (3 units at $350 and one at $360), reflecting the quality and attention to detail invested in its transformation. This quadplex is now accepting offers. Don't miss your chance to acquire a prime piece of real estate that combines incredible rental potential with unparalleled quality.