FOR SALE
Interest Above $275,000

16/33 Margaret Street
East Toowoomba QLD 4350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
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Calling Investors & Owner-Occupiers: Your Perfect Toowoomba Property Awaits! (Approx 6.6% Return Opportunity!)

Situated in the sought-after East Toowoomba, this inviting two-bedroom unit offers an exceptional opportunity for a wide range of buyers. Perfectly positioned across from the renowned Toowoomba Grammar School and within close proximity to St Vincent's Private Hospital, Sage & Butler Cafe, pharmacies, medical centres, and the shops at Mackenzie Row, everything you or your tenant could possibly need is right at your doorstep.
This unit is an excellent choice for first-time home buyers looking to enter the market, investors seeking a solid investment property, or families with children attending boarding schools in Toowoomba. The possibilities are endless.
Part of a welcoming complex of 22 units, both bedrooms feature an eastern aspect, are spacious, and come with built-in wardrobes, offering ample storage and a comfortable retreat. The heart of this home is the large lounge room, which opens onto a tranquil balcony-perfect for enjoying quiet evenings or morning coffee in the fresh air. The unit also includes a modern kitchen and bathroom and provides views over the Toowoomba CBD from the western balcony.
Convenience is a highlight, with single undercover parking ensuring your vehicle is secure. Additionally, the complex features an inviting in-ground swimming pool, ideal for leisurely swims or soaking up the sun. Located in a vibrant community, this unit offers more than just a place to live; it provides a lifestyle to enjoy.
Don't miss the chance to make this charming unit your new home or a valuable addition to your rental portfolio. Whether you're ready to move in immediately or wish to put your own stamp on it through renovation, this property is a blank canvas awaiting your personal touch. On the market for the first time in nearly 20 years, the sellers are keen to pass this beloved investment to someone who will appreciate it just as much.
For more information or to arrange a private inspection, contact Zac Turley today.
Property Features:
• Rent appraised for $350 p/week, offering an impressive approx. 6.6% return!
• Two well-proportioned carpeted bedrooms with built-in robes and a delightful eastern aspect.
• Spacious lounge equipped with Mitsubishi reverse cycle air-conditioning, that flows seamlessly onto a balcony boasting views towards Toowoomba CBD.
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Property Details for 16/33 Margaret St, East Toowoomba

16/33 Margaret St, East Toowoomba is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 90m2. The place is currently for sale with Elders Real Estate Toowoomba.

Building Type
Unit
Floor Size
90m2

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About East Toowoomba 4350

The size of East Toowoomba is approximately 4 square kilometres. It has 11 parks covering nearly 11.7% of total area. The population of East Toowoomba in 2011 was 5,675 people. By 2016 the population was 5,257 showing a population decline of 7.4% in the area during that time. The predominant age group in East Toowoomba is 10-19 years. Households in East Toowoomba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Toowoomba work in a professional occupation. In 2011, 55.5% of the homes in East Toowoomba were owner-occupied compared with 54.7% in 2016.

East Toowoomba has 3,260 properties.

    There are currently 30 properties listed for sale, and 19 properties listed for rent in East toowoomba on OnTheHouse. According to CoreLogic's data, 151 properties were sold in the past 12 months in East toowoomba.

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