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351 West Street
Harristown QLD 4350

Bedrooms: 10
Bathrooms: 6
Car spaces: 8
Land area: 961m2
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4 x TOWNHOUSES – STRONG INCOME – GREAT LOCATION – OWN THE LOT

Having a trouble-free asset with a good return is the goal of every investor. Having that asset in a location where demand for accommodation is strong ensures vacancy is minimal and the income reflects the demand. Multiple tenancies, quality construction, great location, long-term tenants and certainty of control through single ownership and you have an outstanding investment.
'L' Argyle', a complex comprising of 4 x townhouses represents that ideal investment. The property provides the astute buyer instant income, with existing leases in place with long-term tenants. The strata-titled community is configured with 2 x 3-bed and 2 x 2-bed townhouses on a 961m² block and is being sold in-line as a single purchase. No other owners to deal with through full control of the Body Corporate.
The complex is ideally located opposite the renowned Westridge Convenience Centre and down the road from the university (UniSQ). The large Toowoomba Plaza and The Ridge Shopping Centres, medical services, private schools and recreational facilities are all nearby and further increase location appeal. The complex has been maintained to a very high standard and offers a wonderful environment for occupiers to feel secure and comfortable.
Units 1 – 4, 351 West Street, Harristown at a glance:
* 2 x 3-bed, 2-bath, 1-car strata-titled townhouses
* 2 x 2-bed, 1-bath, 1-car strata-titled townhouses
* Income: $83,200 per annum ($1,600 per week)
* Leases: All tenancies on 12-month fixed term leases
* Tenants: Long-term tenants who want to remain in place
* Opposite Westridge Convenience Centre
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Property Details for 351 West St, Harristown

351 West St, Harristown is a 10 bedroom, 6 bathroom BlockOfUnits with 8 parking spaces. The property has a land size of 961m2. The place is currently for sale with ZING PROPERTY.

Building Type
BlockOfUnits
Land Size
961m2

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About Harristown 4350

The size of Harristown is approximately 7.2 square kilometres. It has 18 parks covering nearly 2.8% of total area. The population of Harristown in 2011 was 8,490 people. By 2016 the population was 8,550 showing a population growth of 0.7% in the area during that time. The predominant age group in Harristown is 20-29 years. Households in Harristown are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Harristown work in a trades occupation. In 2011, 56.4% of the homes in Harristown were owner-occupied compared with 53.9% in 2016.

Harristown has 4,735 properties. Over the last 5 years, Houses in Harristown have seen a 93.53% increase in median value, while Units have seen a 58.33% increase. As at 30 November 2024:

  • The median value for Houses in Harristown is $568,872 while the median value for Units is $365,409.
  • Houses have a median rent of $480 while Units have a median rent of $410.
There are currently 26 properties listed for sale, and 20 properties listed for rent in Harristown on OnTheHouse. According to CoreLogic's data, 220 properties were sold in the past 12 months in Harristown.

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