Just release April 2019
This dual income property in the sought after Glenwood Heights Estate just West of the Toowoomba CBD is a 6 bedroom dual income property. It has a 3 bedroom, 2 bathrooms, single garage dwelling on one side and on the same on the other side..
Estimated total rent is $640-$660 per week
Dual Income Investment -Toowoomba
Why invest in Toowoomba?
Whatever your lifestyle, Glenwood Heights has everything you need in close proximity.
Located just a short drive West from the Toowoomba CBD, Glenwood Heights Estate is only minutes from Schools, Childcare, Shopping Centre’s, St. Hospitals and the new Brisbane West Airport (Wellcamp). With flights direct to and from Sydney on Qantaslink. Direct flights to Melbourne, Townsville, Cairns on NorthAir. Plus a weekly commercial 747 Cathay Pacific flights to Asia exporting fresh produce from the Toowoomba area. Major industries include manufacturing, wholesale, and agriculture and with more than 23 private schools, a technical college, and university, Toowoomba can be considered a major educational centre.
Researchers have described Toowoomba City as being the ‘Economic Engine’ of the region. Equals to a strong local economy not relying on one industry. Long-term solid stable growth is ensured.
Toowoomba and the wider Surat Basin is a regional centre that is continuing to experience high growth and increased investment generated by an active resource sector, growing infrastructure requirements, seasoned agricultural productivity and many other successful industries.
The Toowoomba region continues to maintain its development spend on projects proposed, approved and awaiting commencement and underway, with current conservative estimates seeing an $11 billion development spend in the region. Keeping in mind that a number of projects that were featured in the previous report have now been completed, the $11 billion figure includes approximately $1.6 billion of additional projects that have come to light in the last six months. Projects currently underway see a $3.1 billion development spend in the region. The total development spends for projects approved and awaiting commencement hit $3.3 billion, with new projects in this section including a $1 billion Solar Electricity Farm, a $12 million 24-Hour BP Service Station and a $43 million new Bunnings store. In addition to this, a number of new and exciting proposed projects in the region have contributed a total of $4.3 billion in development spend. Some of these projects include three major developments by FKG including meat processing, cold store and milk processing facilities totalling $244 million, and a $60 million extension of the Oakey Beef Exports facility.
QANTAS recently announced (Sept 2018) Toowoomba to be the training centre for 20,000 new pilots. The first intake is about to start in 2019 with 500 in the first intake and they all need to rent in Toowoomba.
With a residential population fast approaching 200,000 people, Toowoomba offers plentiful business opportunities, as well as being a great place to live and raise a family.
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|Lot Square Metres:||576m2|