OFF MARKET

2/23 Myrtleford Cres
Cambooya QLD 4358

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 778m2
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Last updated 16 Sep 2024
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Property Details for 2/23 Myrtleford Cres, Cambooya

2/23 Myrtleford Cres, Cambooya is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 778m2.

Building Type
House
Land Size
778m2
Local Government
Toowoomba Regional

Last Listing description (December 2023)

With a combined return of $720 per week from good tenants who would like to stay on this is the 'set and forget' investment property you cannot afford to miss!
Conveniently located in the growing township of Cambooya, just 25 minutes from the Toowoomba CBD, this property offers modern comfort and convenience in a relaxed rural setting.

Set on a generous 778 square metre corner allotment, this modern and well presented duplex property includes:

Unit 1:
3 bedrooms with ceiling fans & built in robes
Main bedroom with walk in robe, ensuite & air conditioning
Good size family bathroom with bath, shower & separate toilet
Large tiled open plan living area with air conditioning
Well appointed kitchen with stone benchtops & electric appliances
North east facing rear patio overlooking the large backyard with side access for a vehicle, trailer or boat etc
Attached single garage with internal access
Currently rented for $430 per week
Unit 2:
Tiled open plan living area with air conditioning
Generous kitchen with stone bench tops & electric appliances
1 bedroom with walk in robe, ensuite & ceiling fan
Attached single garage with internal access
Generous backyard
Currently rented for $290 per week

23 Myrtleford Crescent offers an ideal opportunity to start or add to your investment portfolio. The convenient location and modern, low maintenance design along with an excellent rental return are the ideal ingredients for a stress free investment.

Additionally, there is the potential to live in one unit and rent out the other. Making this an ideal opportunity for those looking for a low maintenance home in a quiet location that can also provide a rental income on the side.

What ever your reason for looking, this is property you need to have on your inspection list!

For more information contact the team at Reilly Real Estate today.

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Property History for 2/23 Myrtleford Cres, Cambooya, QLD 4358

A timeline of how this property has performed in the market
Listed for Rent
$290/w
12 May 2023
    No history found for this property.

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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 1,148 properties. Over the last 5 years, Houses in Cambooya have seen a 80.97% increase in median value, while Units have seen a 175.43% increase. As at 31 August 2024:

  • The median value for Houses in Cambooya is $581,236 while the median value for Units is $639,166.
  • Houses have a median rent of $480 while Units have a median rent of $335.
There are currently 9 properties listed for sale, and 3 properties listed for rent in Cambooya on OnTheHouse. According to CoreLogic's data, 64 properties were sold in the past 12 months in Cambooya.

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