Malyshka’s in the News! Read the latest – Toowoomba Chronicle

Here’s an excerpt from a recent article in the Toowoomba Chronicle about Malyshka’s exciting Property Development in Toowoomba…

As he looks over an empty block in Middle Ridge, property developer Grant Muddle sees a world of opportunity.

A surge in homebuyers looking to mix inner-city living with suburban comfort has driven him to build a nine-townhouse, gated community at 446 Hume St.

“The idea is to get together small-time investors and developers to get into this project at near cost price,” the managing director of Malyshka Homes said.

He said equivalent townhouses were valued at $400,000, but early-bird investors would only inject $325,000 into the homes. Similar developments are under way across Queensland, with figures showing townhouse rentals have increased by more than 80% in a decade.

Mr Muddle said Toowoomba was perfectly poised for a property boom.

“Our research has indicated the region is to be the next hot spot, booming and blooming over the next three years,” he said.
“Toowoomba is at about 7 o’clock on the property clock — it’s past the bottom and is entering an upswing. Demand is already greater than supply.”
To see the Malyshka Hume investment strategy, go to www.malyshka.com.au.

By CHRIS CALCINO
chris.calcino@thechronicle.com.au

Read more about the Toowoomba Hume Street property development…