SoldCranley QLD 4350House1 2/16 Sanctuary Drive
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Shaun Blackburn
+ 61 0490 499 194
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Sold

House

Set and Forget Investment Opportunity!

1 2/16 Sanctuary Drive, Cranley, QLD, 4350, Australia

5Bedrooms
4Bathrooms
2Carspots
509 m²Land size
Map of the surrounding area

About this Property

Low-set brick duplex - features include:
Unit 1:
- 2 carpeted bedrooms with built-in robes and ceiling fans
- Main bedroom complete with ensuite
- Open plan tiled living area with reverse cycle air-conditioning
- Modern kitchen with electric cooking appliances and dishwasher
- Family bathroom with a shower over bath, vanity and toilet
- Privacy fenced courtyard
- Single remote garage
- Rented at $340 per week until October - potential to increase to $370-$380 per week

Unit 2:
- 3 carpeted bedrooms with built-in robes and ceiling fans
- Main bedroom complete with ensuite
- Open plan tiled living area with reverse cycle air-conditioning
- Modern kitchen with electric cooking appliances and dishwasher
- Family bathroom with a shower over bath, vanity and toilet
- Privacy fenced courtyard
- Single remote garage
- Currently owner occupied - Rental appraised at $400-$410 per week subject to market conditions

Located nearby to local shops, schools, parks and only a stone's throw from the new Toowoomba Base Hospital Development, 16 Sanctuary Drive is an ideal investment opportunity with a strong prospective return.

Both units boast a functional and modern design, with spacious, carpeted bedrooms, built in robes and ceiling fans, additionally with each master bedroom hosting an ensuite. The open living/dining spaces flow effortlessly, with reverse cycle air-conditioning as well as a modern kitchen with electric cooking appliances and a dishwasher. Each unit has a family bathroom, with a shower over bath, vanity and toilet, as well as, for the vehicles, there is a single lock-up garage. Additionally, both units feature privacy fenced courtyards.

Externally, the property sits on a 509m allotment with two designated 'visitor' carparks (one per unit).

Investors - unit 1 is currently rented at $340 per week until October 2023, however, has the potential to increase to $370-$380 per week subject to market conditions. Unit 2 is currently owner occupied, however, has been appraised at $400-$410 per week subject to market conditions. This has a combined potential rental yield of $770-$790 per week.

Rent both units and reap the rewards, move into one and rent the other... there are plenty of options to consider!

For your convenience Team Elevate is available 7 days a week to arrange your private viewing.

General rates: currently $1,956.45 net per half year
Water rates: currently $490.77 net per half year plus consumption

Primary school state catchment: Fairview Heights State School
High school state catchment: Wilsonton State High School

Home Built: 2013

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Shaun Blackburn

RE/MAX Success - Toowoomba
+ 61 0490 499 194
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More Details on 1 2/16 Sanctuary Drive, Cranley QLD

How many bedrooms and bathrooms does 1 2/16 Sanctuary Drive, Cranley have?

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1 2/16 Sanctuary Drive, Cranley is a 5 bedroom, 4 bathroom house.

Who is the agency that listed 1 2/16 Sanctuary Drive, Cranley?

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The agency who listed 1 2/16 Sanctuary Drive, Cranley is RE/MAX Success - Toowoomba - you can contact the agents here.

How many car spots does 1 2/16 Sanctuary Drive, Cranley have?

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1 2/16 Sanctuary Drive, Cranley is a 2 car spot home.

How much is 1 2/16 Sanctuary Drive, Cranley?

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The price of 1 2/16 Sanctuary Drive, Cranley is Set and Forget Investment Opportunity! - contact the agents to find out more.