1/18 Railway St, Cambooya is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 90m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
WITH 5 BIG IMPROVEMENTS, this WHOLE DUPLEX of 2 Units currently earns 6.46% annual gross rent yield.
BOTH UNITS HERE are one title and are SELLING TOGETHER.
INVESTOR QUICK GLANCE:
- Whole Duplex of 2 x 2 bedroom units
- Gross lease income $510.00 per week
:::::: Unit 1 leased until mid-Dec 2021 at $255.00 per week
:::::: Unit 2 leased until mid-Aug 2021 at $255.00 per week
:::::: Wow! Equates to a 6.46% annual gross rental yield
- Zero body corp fees ... not strata-titled
- Recent General Rates: Approx $710.00 per unit net 1/2 yr
- Recent Water Access: Approx $210.00 per unit net 1/2 yr
- Large corner 1,492 sq mtr allotment
:::::: Dimensions 61.5m frontage x 26.0m deep
:::::: Corner Railway and Creek Streets
WOW! 5 BIG IMPROVEMENTS IN 2018:
- Re-stumped
- Re-wired
- Re-painted inside and out
- New kitchens to both Units
- New carpets to both Units
EACH UNIT FEATURES:
- A spacious living room
- An attractive dining room
- A recently updated kitchen with polished floors, new benches and electric cooking
- 2 bedrooms to each unit, each with built-in-robes
:::::: Air-conditioning to main bedroom in Unit 2
- Private internal garage to each unit, each with rear glass sliding door
- Nicely updated bathroom with shower and vanity
- Private toilet
- Separate internal laundry
- Tenants always prefer the expansive, fully-fenced yards
- Aluminium sliding glass windows, with security screens for more peace of mind
WHAT'S NEARBY?
- 250m walk to Rolleston Park
- 550m to handy store and newsagency
- 1km to Cambooya Primary School
- 18 minutes to Kmart at Toowoomba Plaza
CAMBOOYA is a go-ahead town just 16km south of booming Toowoomba. Across the Toowoomba Region, investors are capitalising on recent infrastructure upgrades including the $1.6 billion Second Range Crossing ... Airport Industrial Park ... Regional Data Centre ... New food precincts ... and the $500m QIC Grand Central Shopping Centre upgrade.
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.
DUPLEXES RETURNING 6.46% p.a. GRR are rare. So now is the moment to BUY WELL.
FOR YOUR CONVENIENCE, we're available right now to answer your questions. BOOK YOUR INSPECTION NOW!
***USEFUL INFO courtesy of Jacqui Walker Sells Sensational Moves:
- Local Government Area: Toowoomba Regional Council
- Internet: Units may be able to connect to NBN via Fixed Wireless (FW) however please seek independent verification
- State School Zone: Cambooya Primary (P-6, 1km); Harristown High (7-12, 18.9km)
- Disclaimer: All care taken, however you're encouraged to independently verify all figures and indications.
The size of Cambooya is approximately 118.6 square kilometres. The population of Cambooya in 2016 was 1584 people. By 2021 the population was 2260 showing a population growth of 42.7% 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 $1000 - $1399 per month on mortgage repayments. In general, people in Cambooya work in a trades occupation.In 2021, 62.20% of the homes in Cambooya were owner-occupied compared with 74.10% in 2016.
Cambooya has 1,171 properties. Over the last 5 years, Houses in Cambooya have seen a 116.21% increase in median value, while Units have seen a 248.88% increase. As at 31 May 2026:
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