2/200 Mackenzie St, Rangeville is a 5 bedroom, 2 bathroom Unit with 3 parking spaces. The property has a land size of 627m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 5 bedroom Unit sold in Rangeville in the last 12 months.
200 Mackenzie Street is a prime opportunity for those looking to capitalise on taking advantage of Toowoomba's tight vacancy rate by purchasing a duplex with no Body Corporate Fees. This incredible residential investment represents a rare opportunity to acquire a tenanted property in a high-growth suburb, secure income stream, with the potential of creating equity.
Why This is a Outstanding Investment:
* Fully Leased : With tenants in both units, you benefit from a secure and consistent income stream
About the Property:
This 1985 built duplex features two separate units, a three bedroom with converted garage to a rumpus room and a two bedroom unit.
Unit One:
Currently tenanted until July 2025 at $420/week
3 bedrooms plus rumpus
Open plan kitchen with gas cooktop
New paint and carpet was installed approx 4 years ago
Kitchen improved in last 10+ years
Original bathroom
Carport
Unit Two:
Currently tenanted until October 2025 at $350/week
2 bedrooms
Original kitchen and bathroom
Open plan kitchen gas cooktop
Single Lock up garage and carport
Prominently positioned within a short drive to St Vincent's Hospital, CBD and the Range Shopping Centre, this duplex will always be high rental demand due to its convenient location.
The size of Rangeville is approximately 8.2 square kilometres. It has 25 parks covering nearly 18.3% of total area. The population of Rangeville in 2011 was 8,216 people. By 2016 the population was 8,313 showing a population growth of 1.2% in the area during that time. The predominant age group in Rangeville is 40-49 years. Households in Rangeville are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Rangeville work in a professional occupation. In 2011, 72.6% of the homes in Rangeville were owner-occupied compared with 71.8% in 2016.
Rangeville has 4,122 properties. Over the last 5 years, Houses in Rangeville have seen a 71.71% increase in median value, while Units have seen a 85.99% increase. As at 31 October 2024:
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