OFF MARKET

1/18 Railway Street
Cambooya QLD 4358

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 73m2
Land area: 90m2
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Property Details for 1/18 Railway St, Cambooya

1/18 Railway St, Cambooya is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 90m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
1990
Floor Size
73m2
Land Size
90m2
Local Government
Toowoomba Regional
Lot/Plan
1/SP112443

Last Listing description (December 2021)

WITH 5 BIG IMPROVEMENTS, this WHOLE DUPLEX of 2 Units currently earns 6.46% annual gross rent yield.

BOTH UNITS HERE are one title and are SELLING TOGETHER.

INVESTOR QUICK GLANCE:

- Whole Duplex of 2 x 2 bedroom units

- Gross lease income $510.00 per week
:::::: Unit 1 leased until mid-Dec 2021 at $255.00 per week
:::::: Unit 2 leased until mid-Aug 2021 at $255.00 per week
:::::: Wow! Equates to a 6.46% annual gross rental yield

- Zero body corp fees ... not strata-titled
- Recent General Rates: Approx $710.00 per unit net 1/2 yr
- Recent Water Access: Approx $210.00 per unit net 1/2 yr

- Large corner 1,492 sq mtr allotment
:::::: Dimensions 61.5m frontage x 26.0m deep
:::::: Corner Railway and Creek Streets

WOW! 5 BIG IMPROVEMENTS IN 2018:

- Re-stumped
- Re-wired
- Re-painted inside and out
- New kitchens to both Units
- New carpets to both Units

EACH UNIT FEATURES:

- A spacious living room
- An attractive dining room
- A recently updated kitchen with polished floors, new benches and electric cooking
- 2 bedrooms to each unit, each with built-in-robes
:::::: Air-conditioning to main bedroom in Unit 2
- Private internal garage to each unit, each with rear glass sliding door
- Nicely updated bathroom with shower and vanity
- Private toilet
- Separate internal laundry
- Tenants always prefer the expansive, fully-fenced yards
- Aluminium sliding glass windows, with security screens for more peace of mind

WHAT'S NEARBY?

- 250m walk to Rolleston Park
- 550m to handy store and newsagency
- 1km to Cambooya Primary School
- 18 minutes to Kmart at Toowoomba Plaza

CAMBOOYA is a go-ahead town just 16km south of booming Toowoomba. Across the Toowoomba Region, investors are capitalising on recent infrastructure upgrades including the $1.6 billion Second Range Crossing ... Airport Industrial Park ... Regional Data Centre ... New food precincts ... and the $500m QIC Grand Central Shopping Centre upgrade.

TIGHTLY HELD, the current owners seek to realise their capital gain, so this is your opportunity to add a very high-yielding duplex to your investment portfolio.

DUPLEXES RETURNING 6.46% p.a. GRR are rare. So now is the moment to BUY WELL.

FOR YOUR CONVENIENCE, we're available right now to answer your questions. BOOK YOUR INSPECTION NOW!

***USEFUL INFO courtesy of Jacqui Walker Sells Sensational Moves:

- Local Government Area: Toowoomba Regional Council
- Internet: Units may be able to connect to NBN via Fixed Wireless (FW) however please seek independent verification
- State School Zone: Cambooya Primary (P-6, 1km); Harristown High (7-12, 18.9km)
- Disclaimer: All care taken, however you're encouraged to independently verify all figures and indications.

Property History for 1/18 Railway St, Cambooya, QLD 4358

A timeline of how this property has performed in the market
Last Sold
$198,500
29 Sep 2021
  • 29 Sep 2021
    Sold for $198,500
  • 21 May 2021
    Listed for Sale Whole Duplex - $410,000
  • 19 Apr 2000
    Sold for $55,149
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About Cambooya 4358

The size of Cambooya is approximately 118.6 square kilometres. The population of Cambooya in 2011 was 1,297 people. By 2016 the population was 1,578 showing a population growth of 21.7% in the area during that time. The predominant age group in Cambooya is 0-9 years. Households in Cambooya are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cambooya work in a trades occupation. In 2011, 75.1% of the homes in Cambooya were owner-occupied compared with 74.1% in 2016.

Cambooya has 1,142 properties. Over the last 5 years, Houses in Cambooya have seen a 78.49% increase in median value, while Units have seen a 172.39% increase. As at 30 September 2024:

  • The median value for Houses in Cambooya is $583,508 while the median value for Units is $635,521.
  • Houses have a median rent of $480 while Units have a median rent of $343.
There are currently 9 properties listed for sale, and 2 properties listed for rent in Cambooya on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Cambooya.

Suburb Insights for Cambooya 4358

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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.