OFF MARKET

1/56 Magpie Drive
Cambooya QLD 4358

Bedrooms: 4
Bathrooms: 3
Car spaces: -
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Property Details for 1/56 Magpie Dr, Cambooya

1/56 Magpie Dr, Cambooya is a 4 bedroom, 3 bathroom Unit.

Building Type
Unit
Local Government
Toowoomba Regional

Last Listing description (November 2022)

This duplex presents an opportunity to purchase a three-bed and one-bed investment, returning a combined income of $475 per week. Unit 1 offers three bedrooms, main with ensuite, a walk-in robe and air conditioning. The other two bedrooms also have built-in robes and ceiling fans.

The kitchen, dining, and lounge are very spacious, enjoying the air conditioning and leading out to a covered outdoor area and private block that allows pets and kids to play safely and a larger than your usual unit yard. The kitchen boasts stone benchtops, a dishwasher, a double sink and ample storage. The unit is achieving $285wk with an agreement in place until April '22.

Unit 2 is a compact one-bedroom unit with an ensuite and kitchen, including stone benchtops and dishwasher combined with the living area. Again, a larger than normal privately fenced yard

Both units have an excellent rental history.

The property is a wise investment at around a 6% return. Or live in one and let the rent of another unit help pay your mortgage.

Cambooya is just 20 minutes to Toowoomba CBD, offering state primary school, kindergarten, new Medical Centre, post office and chemist, garage, convenience store, churches and historic Bull & Barley Inn Hotel. As well as bowls club and tennis courts, there are lots to offer.

Features include:
- 3 and 1 bedroom duplex unit
- Stone benchtops, dishwashers, airconditioning
- Security doors
- Lockup garage with internal access
- A combined rental return of $475 per week

To arrange an inspection or learn more, please get in touch with Pam Hosking on 0419 718 062 or Leon Carlile on 0418 795 484.

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Property History for 1/56 Magpie Dr, Cambooya, QLD 4358

A timeline of how this property has performed in the market
Listed for Rent
$280/w
26 Apr 2019
  • 22 Jul 2021
    Listed for Sale Interest Over $430,000

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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 1,147 properties.

    There are currently 8 properties listed for sale, and 5 properties listed for rent in Cambooya on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Cambooya.

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