FOR SALE
Offers to Purchase

10 Mcivor Street
Kearneys Spring QLD 4350

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Land area: 582m2
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Unique Investment Opportunity with Lifestyle Benefits in Sought-After, Kearneys Spring.

Set in a fantastic pocket in the ever-popular Kearney Springs, 10 McIvor Street, presents a unique opportunity for families or astute investors. Situated in a peaceful neighbourhood, this home offers flexible living options. It could be ideal for extended families seeking dual living arrangements or for those looking to capitalise on its strong rental history and proven record as a fruitful investment property.
The properties' prime location is a major drawcard as it also offers easy access to a plethora of amenities and top-tier educational institutions. Just down the road, a short stroll away, is West Creek Park which provides a tranquil setting for leisurely walks, picnics, and birdwatching. For daily conveniences, Westridge Shopping Centre is just a 3-minute drive away, while Toowoomba City Centre is a 10-minute drive for a wider range of shopping, dining, and entertainment options.
Upon entry, a spacious lounge room seamlessly connects the bedrooms and kitchen. Originally built in 1990, this part of the home offers four spacious bedrooms, including a generous master suite with a walk-in robe and direct access to the main bathroom. The classic bathroom, complete with a bathtub, vanity, and a stylish, recently renovated shower, is brimming with potential for future renovations. It is functional as-is yet offers endless possibilities for future personalisation.
A separate toilet is nearby, providing additional convenience. All bedrooms feature ceiling fans, with two secondary bedrooms boasting built-in robes. Recent renovations have revitalised this area with fresh paint, new carpets, and stylish timber flooring.
The classic kitchen, with its generous storage and bench space, offers a solid foundation for future renovations. Accessible off the dining room, there is a concrete patio ideal for outdoor dining or barbecues which overlooks the fully fenced, low-maintenance backyard.
A spacious laundry connects the original home to the modern studio apartment, added in early 2019. This area also provides access to a versatile space, perfect for a home office, teen retreat, or additional living area, which flows into the fourth bedroom.
This modern studio apartment, once rented separately, offers year-round comfort. Offering a fully equipped kitchen, modern bathroom with vanity, toilet and generous shower, and reverse cycle air-conditioning, it is perfect for year-round living. The included washing machine/dryer and fridge add to the convenience. Separate access via the driveway and single vehicle carport ensures privacy and security. This open-plan studio apartment combines bedroom, living, and kitchen areas.
Very rarely do you find a property with the unique layout, features, potential and track-record that 10 McIvor Street boasts. With the property last renting for $670 per week, combined with Kearneys Spring's high demand for rental properties, particularly houses, and the overall positive trend in the Toowoomba property market, there is apparent upside for any discerning buyer. Don't miss this one-of-a-kind opportunity, contact Zac Turley or Murray Troy today for further information or to arrange your welcomed inspection.
Key Features Include:
- Previously rented for $670/week, with potential to increase to $700/week.
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Property Details for 10 Mcivor St, Kearneys Spring

10 Mcivor St, Kearneys Spring is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 582m2. The place is currently for sale with Elders Real Estate Toowoomba.

Building Type
House
Land Size
582m2

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About Kearneys Spring 4350

The size of Kearneys Spring is approximately 6.5 square kilometres. It has 22 parks covering nearly 15.1% of total area. The population of Kearneys Spring in 2011 was 7,347 people. By 2016 the population was 8,557 showing a population growth of 16.5% in the area during that time. The predominant age group in Kearneys Spring is 20-29 years. Households in Kearneys Spring are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kearneys Spring work in a professional occupation. In 2011, 51.6% of the homes in Kearneys Spring were owner-occupied compared with 49.1% in 2016.

Kearneys Spring has 4,761 properties. Over the last 5 years, Houses in Kearneys Spring have seen a 89.87% increase in median value, while Units have seen a 68.90% increase. As at 31 October 2024:

  • The median value for Houses in Kearneys Spring is $673,363 while the median value for Units is $440,681.
  • Houses have a median rent of $530 while Units have a median rent of $400.
There are currently 45 properties listed for sale, and 16 properties listed for rent in Kearneys spring on OnTheHouse. According to CoreLogic's data, 217 properties were sold in the past 12 months in Kearneys spring.

Suburb Insights for Kearneys Spring 4350

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Zac Turley
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Murray Troy
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Elders Real Estate Toowoomba
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.