6 Newman Road, Wyreema, QLD 4352

With fewer than TEN houses available for purchase in this suburb right now, Buyers looking to secure a family home on just under a quarter acre block in the expanding community of Wyreema will need to move quickly to avoid disappointment.

Built in 2006, this solid family home has enjoyed just TWO owners, who have each lovingly cared for the property over the past 18 years. Internally, the house presents in wonderful condition with absolute no work to do. Externally, there's a wonderful story to be told by the mature, established gardens which have grown with each family who have called this place home.

With drive through access available through the garage - and side access offered along the same western boundary - there's provision for further shedding options should the buyer wish to do so, but there's immediate benefit of a large 6m x 3m (approx) garden shed which offers twice as much space as a traditional garden shed (3x3m).

THE PROPERTY:

[:] Functional floor plan which offers excellent living space options - both indoor and out

[:] Master bedroom has the ensuite and a large built in robe

[:] 3 remaining bedrooms with ceiling fans and built-in robes

[:] Generous kitchen with dishwasher, excellent cupboard and bench space and a gorgeous northern outlook onto established gardens

[:] 2 separate living spaces, with the main offering a reverse cycle air conditioner for year round comfort

[:] Tiled and fully covered north facing entertainment area with additional drop down roller blinds to give all weather use

[:] Rain water tank and pressure pump provide excellent irrigation options to the beautifully established back yard and gardens

[:] 6 x 3m garden shed with double doors - easily accommodating larger garden machinery such as ride on mowers, scarifiers and the like

FOR THE INVESTOR:

[:] Rent appraised at $575 - $595 per week

[:] Council rates of $926.76 nett half yearly

[:] Water rates - access charge - $335.75 nett half yearly (plus consumption)

[:] Management fees of approx. $2,844.27 per annum (based on weekly rent of $585)

[:] Next eligible for rent increase on 3rd October 2024 (NOTE: recent changes to QLD legislation restricts rent increases to once every 12 months. Increases are tied to the property and not the tenancy).

[:] This property is already smoke alarm compliant.

SUBURB & REGION PERFORMANCE:

[:] Wyreema has recorded 5 year price change of +66.3% for houses (an 8.2% change for the median house price in the past 12 months) source: RP DATA - current as at August 2024.

[:] The Toowoomba region has consistently recorded one of the lowest vacancy rates in Queensland - currently sitting at 0.5%. The last time the vacancy rate was over 1% was in May 2020.

[:] $1.3b new State Hospital now underway due for completion in 2027.

[:] $1.1b in infrastructure projects announced in the 2023-24 budget inc. the initial $13.4m of the $273.1m Toowoomba to Warwick water pipeline project.

Briq Property is proud to present to the market 6 Newman Road, Wyreema to the market. To arrange an inspection of this home, please join us at the open house or call Luke on 0413 400 567.

Disclaimer: While every effort has been made to ensure the accuracy of this write-up, Briq Property does not warrant its correctness and is not responsible for any errors or omissions.