OFF MARKET

18 Railway Street
Cambooya QLD 4358

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 180m2
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Property Details for 18 Railway St, Cambooya

18 Railway St, Cambooya is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 180m2.

Building Type
Unit
Land Size
180m2
Local Government
Toowoomba Regional
Lot/Plan
1/SP112443

Last Listing description (April 2020)

QUICK GLANCE:
- Duplex of 2 x 2 bedroom units
- Gross lease income $510.00 per week

- 6.99% gross rental return
- Large corner 1,492m2 allotment (61.5m x 26.0m)
- Re-stumping & re-wiring complete
- Freshly painted inside and out
- New kitchens & carpet to each unit

UNITS FEATURE:
- 2 bedrooms to each unit (with built-in-robes)
- Polished floors to kitchens (with new benches and electric cooking)
- Spacious living and dining areas
- Separate, internal garage to each unit
- Air-conditioning to unit 2 main bedroom
- Aluminium sliding glass windows & security screens
- Rear glass sliding door to garages
- Tenants love the expansive, fully-fenced yards

THIS DUPLEX is a fantastic 250m walk to Rolleston Park, 550m to handy store & newsagency, 1km to Cambooya State Primary School and 18 minutes to Kmart (Toowoomba Plaza).

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

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. This opportunity will also suit an astute buyer who plans to live in one unit and rent out the other.

DUPLEXES RETURNING 6.99% ARE RARE. MAKE THE SMARTEST MOVE. For your convenience, Jacqui Walker Sells is available 7 days a week for your INSPECTION.

***RUN THE SUMS confidently:

LEASE INCOME:
Gross $510.00 per week
- Unit 1 $255.00 per week
- Unit 2 $255.00 per week

BODY CORP FEES:
Not Strata-Titled

RECENT GENERAL RATES:
$660.12 per unit net / half year

RECENT WATER ACCESS CHARGE:
$196.78 per unit net / half year

LOCAL GOVERNMENT AREA:
Toowoomba Regional Council

INTERNET:
Units may be able to be connected to the NBN via Fixed Wireless (FW). Please seek independent verification.

DISCLAIMER:
Every care taken, however all quoted figures approximate only.

Property History for 18 Railway St, Cambooya, QLD 4358

A timeline of how this property has performed in the market
  • 29 Jun 2017
    Listed for Sale $380,000

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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 1,153 properties. Over the last 5 years, Houses in Cambooya have seen a 84.38% increase in median value, while Units have seen a 188.73% increase. As at 30 November 2024:

  • The median value for Houses in Cambooya is $599,605 while the median value for Units is $658,833.
  • Houses have a median rent of $480 while Units have a median rent of $358.
There are currently 5 properties listed for sale, and 1 property listed for rent in Cambooya on OnTheHouse. According to CoreLogic's data, 64 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.