Built in 2017, this stylish and spacious modern duplex, has an ideal layout to suit executive couples, retirees or is perfect for investors. The property is currently vacant so is move-in ready for owner/occupiers. Investors - this incredible residential investment represents a rare opportunity to acquire a well maintained property in a high-growth suburb.
Why you will love Cranley as an investment hot spot….
* The unit rental rate has continuously out-performed Greater Toowoomba and is currently experiencing a rental income growth of 15.8%
* On average, over the last 12 months, Cranley units have achieved $55-$65/week more than units in Greater Toowoomba
* Cranley has experienced strong annual capital growth of 14.6% over the last 4 years.
Why This is a Outstanding Investment:
* Excellent Income Growth: Strong annual income growth of 10-15% rental reviews
* Relatively New Build: Built in 2016 with quality finishes, there are excellent tax depreciation benefits.
* Strategic Suburb: A vibrant suburb with high demand, ensuring strong tenant retention and future rental potential. The property is just minutes away from Bailey Henderson and St Andrew’s hospitals and with excellent schools nearby, this key asset will continue to be in high demand by valuable tenants – nurses, doctors, teachers and admin staff.
About the Property:
This spacious home cacades over multiple levels delivering large living spaces and bedrooms and giving you separate areas to enjoy. You enter on the ground level with internal access to the garage and a good sized bedroom with built-in robes. Downstairs - you have the contemporary kitchen, second bedroom, main bathroom and separate toilet. The third level features the master bedroom, ensuite and private balcony.
Duplexes in this area are highly sought after and this is an incredible opportunity to secure a quality home at an affordable price.
Photos above have been digitally staged.
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