49 McGregor Street, Wilsonton, Qld 4350

Bedrooms
8
Bathrooms
4
Parkings
4
Area
857m2
Type
Block Of Units

Published on Wednesday, July 03, 2024

Offers Over $1,290,000

James ODonohue Sales and Marketing Specialist
Shaun Blackburn Sales and Marketing Specialist

49 McGregor Street, Wilsonton, Qld 4350 - More Details

Offers Over $1,290,000

- Complex of 4 fully renovated units
- Currently returning $1,460 per week
- Current rent return approx. 5.89%
- 857m2 allotment

Each unit features:
- 2 spacious built-in bedrooms
- Modern kitchen with electric cooking & dishwasher
- Open plan lounge/dining
- Bathroom with shower & bath
- Air-conditioning & ceiling fans throughout
- Single carport

Secure your future with this exceptional investment opportunity at 49 McGregor Street in Wilsonton. This fully renovated complex of 4 units offers a remarkable return on investment, making it a standout addition to any portfolio. With an impressive gross rent of $1,460 per week, this property delivers an attractive return of approximately 5.9%, a figure that is sure to catch the eye of savvy investors.

Each unit within this well-maintained complex features 2 spacious built-in bedrooms, all fitted with ceiling fans and reverse cycle air-conditioning, ensuring year-round comfort. The modern kitchens are equipped with electric cooktops, range hoods, ovens, pantries, 2 bowl sinks, and dishwashers, providing both functionality and style. The open-plan lounge and dining areas create inviting spaces for relaxation and socializing, while the bathrooms are thoughtfully designed with both a shower and bath, and the 2-way toilet is separate for added convenience. Each unit also includes a practical laundry space with a single tub and ample storage.

Externally, the property offers private and fenced courtyards for each unit, perfect for outdoor enjoyment. Each unit has an allocated space in the single carport, ensuring secure parking for tenants. The 857m2 allotment provides a spacious and well-maintained environment.

The rental breakdown per unit is as follows:
• Unit 1: $370 per week until May 2025
• Unit 2: $370 per week until June 2025
• Unit 3: $360 per week until July 2024
• Unit 4: $360 per week until November 2024

Located in a prime area near Wilsonton Shopping Centre, Captain Cook Ovals, Wyalla Plaza, Wilsonton State School, Wilsonton State High School, Newtown Park, and Clifford Park Racecourse, this property offers unparalleled convenience for tenants. Its proximity to these amenities ensures high rental demand, further solidifying its status as a lucrative investment.

Investors - our property management team have recently appraised each unit at $390 - $420 per week, subject to market conditions; with the complex potentially returning between $1,560 - $1,680 per week, offering a future rental return of approximately 6.29% to 6.77%.

With its impressive return and prime location, this fully renovated complex in Wilsonton is a must-see for discerning investors looking to maximize their returns. Invest in a property that delivers both security and profitability, making 49 McGregor Street a standout choice in today's market.

Don't miss out on this golden opportunity to add a high-return property to your portfolio.

General rates: currently $2,558.42 net per half year
Water rates: currently $314.95 net per half year plus consumption

Primary school state catchment: Wilsonton State School
High school state catchment: Wilsonton State High School
Type
Block Of Units
Bedrooms
8
Bathrooms
4
Parkings
4
Area
857m2

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49 McGregor Street Wilsonton QLD 4350

Property FAQs

What is the current asking price for the 49 McGregor Street, Wilsonton, Qld 4350?

RE/MAX Success - Toowoomba has not listed a sale price for 49 McGregor Street, Wilsonton, Qld 4350. Contact the agent for a price guide.

How many bedrooms does the property listed 49 McGregor Street, Wilsonton, Qld 4350 feature?

49 McGregor Street, Wilsonton, Qld 4350 is a 8 bedroom Block Of Units.

What are the standout features of the 49 McGregor Street, Wilsonton, Qld 4350?

Explore all key property features for 49 McGregor Street, Wilsonton, Qld 4350. Click here to find out more.

What is the total land area and built-up area of the 49 McGregor Street, Wilsonton, Qld 4350?

The total land area and built-up area of the 49 McGregor Street, Wilsonton, Qld 4350 have not been disclosed. To find detailed information on the total land area and built-up area, contact the agent.

How many vehicles can be accommodated in the parking area of the 49 McGregor Street, Wilsonton, Qld 4350?

49 McGregor Street, Wilsonton, Qld 4350 can accommodated 4 vehicles in the parking area.

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