41 Raff Street

Toowoomba City QLD 4350

- Unit 1: 1 bedroom, high ceilings, wooden floorboards, sunroom
- Unit 2: 2 bedroom, updated kitchen, modern bathroom
- Unit 3 & 4: 2 bedrooms, open-plan living/dining, polished floorboards
- Unit 5: 2 bedroom, renovated kitchen, tidy bathroom
- Common laundry area and off-street car parking
- 898m2 allotment
- Combined weekly rental return of $1,500

This character style property consists of five flats (1 & 2 bedrooms) on an 898m2 allotment, perfectly positioned within walking distance to the Toowoomba CBD and Queens Park, as well as being close to popular cafes and local amenities. Currently returning $1,500 per week, with potential for increased rental income due to low vacancy rates, this property is an attractive investment for any astute investor.

Unit 1 features one bedroom with high ceilings and wooden floorboards, helping to keep the home cool during summer. The comfortable lounge room provides a relaxing space for tenants, while the user-friendly kitchen offers plenty of cupboard space and electric cooking facilities. The sunroom at the front of the property can be used as an additional living area or dining room. The complex has a common laundry area and clothesline, ensuring convenience for all tenants.

Unit 2 includes an updated kitchen with ample storage, a spacious modern bathroom, timber floorboards throughout, and 2 generous-sized bedrooms. This unit offers a comfortable and contemporary living space for tenants.

Unit 3 boasts a spacious living area, an eat-in kitchen with electric cooking and the sunroom at the front of the property can be used as an additional living area or dining room. This unit includes two bedrooms, convenient bathroom with shower over bath and toilet, offering ample space for tenants.

Unit 4 has similar features of Unit 3, with an open-plan living and dining area, polished floorboards throughout, and two bedrooms, convenient bathroom with shower over bath and toilet. This unit also offers a comfortable and modern living space for tenants.

Unit 5 is a two-bedroom unit with a renovated kitchen, complete with gas cooking facilities. The tidy bathroom ensures tenant comfort, and the off-street car parking caters to all car accommodation requirements. This unit is conveniently located close to local coffee shops and public transport, making it an attractive option for tenants.

Leases currently in place:
- Unit 1 - rented at $300 per week until 22/11/2025
- Unit 2 - rented at $300 per week until 19/09/2025
- Unit 3 - rented at $300 per week until 21/05/2025
- Unit 4 - rented at $300 per week until 31/10/2025
- Unit 5 - rented at $300 per week until 13/05/2025

Total - $1,500 per week
(Offers Over $949,000) ROI - 8.2%

With its prime location, solid rental history, and the potential for future capital growth, this property represent an exceptional opportunity for savvy investors. Don't miss out on securing this prime investment property in a thriving and rapidly developing area.


General rates: currently $4,089.29 net per half year
Water rates: currently $314.95 net per half year plus consumption

Primary school state catchment: Toowoomba North State School
High school state catchment: Toowoomba State High School