2/6 Orchid St, Centenary Heights is a 5 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1982. The property has a land size of 193m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
This duplex is well built with solid brick exteriors, generous sized kitchens (2), bathrooms (2) and bedrooms (5) as well as private back yards and good frontage. There are plenty of windows to capture natural light and each unit has a lockup garage as well as additional parking at the front of the property. With plenty of garden space in the front and back yards, there is plenty of room to landscape the property either with the intention of increasing the property's value or for homeowners who like the idea of a manageable space in the garden city of Queensland.
Set in the great neighbourhood of Centenary Heights, these units are always sought after in the rental market. For renters or owners with a family, they fall within an excellent school catchment area, are within walking distance to Humeridge shopping centre, and are only 8 minutes from Toowoomba's city centre and 7 minutes from the picturesque Picnic Point.
For investors, the duplex currently generates a combined weekly return of $595, however the market rate now stands at over $660 per week.
Property features:
- Quiet sort after neighbourhood.
- Close to well serviced shopping centre.
- Close to Middle Ridge Golf Course and Toowoomba's City centre.
- Nothing to do but with scope for value adding.
- Excellent tenants in place.
RealWay Property Partners is proud to present 1 &2/6 Orchid Street, Centenary Heights to the market. For more information or to arrange a private inspection, please call our team on 0466 452 477.
The size of Centenary Heights is approximately 3.1 square kilometres. It has 14 parks covering nearly 8.5% of total area. The population of Centenary Heights in 2011 was 5,878 people. By 2016 the population was 6,084 showing a population growth of 3.5% in the area during that time. The predominant age group in Centenary Heights is 20-29 years. Households in Centenary Heights are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Centenary Heights work in a professional occupation. In 2011, 66.5% of the homes in Centenary Heights were owner-occupied compared with 62.4% in 2016.
Centenary Heights has 3,067 properties. Over the last 5 years, Houses in Centenary Heights have seen a 87.24% increase in median value, while Units have seen a 88.49% increase. As at 31 October 2024:
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