12 Argyle St E, East Toowoomba is a 3 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 576m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 3 bedroom Unit sold in East Toowoomba in the last 12 months.
Opportunities to secure a triplex investment in East Toowoomba are exceptionally rare. Positioned within walking distance of schools, parks and the CBD, this solid complex offers a combination of location, stability and long-term potential.
The property comprises three one-bedroom units, constructed in the early 1970s and largely in original condition. Despite its age, the complex has maintained continuous tenancy throughout its entire history, demonstrating the ongoing demand for well-located rental accommodation in this area. Each unit features an open-plan living layout, with lounge upon entry flowing through to the kitchen and meals area. The bedrooms are generously sized and include full built-in wardrobes, while the combined bathroom and laundry area is positioned at the rear of each unit with access to the carport and rear laneway. Security screens and doors throughout allow for excellent natural airflow and cross-ventilation, enabling tenants to comfortably enjoy fresh air while maintaining security.
Constructed of Besser block on a concrete slab, the complex provides a solid, durable structure well suited to long-term investment ownership. Each unit is individually metered for water, allowing water consumption to be passed on to tenants in accordance with legislation. The complex is currently returning $800 per week gross, with clear scope for rental growth over time through thoughtful updating.
Property Summary
Triplex comprising 3 x 1-bedroom units
576m block in East Toowoomba
Two-street access with rear lane servicing
Approximately 5 minutes' walk to Toowoomba Grammar School and Queens Park
Around 10 minutes' walk to the CBD and nearby cafs
Single garage currently retained for owner use
Each Unit Features
Open plan living, dining and kitchen
Spacious bedroom with built-in wardrobes
Combined bathroom and laundry to the rear
Separate toilet
Single carport
Security screens and doors throughout
Whether you are seeking a stable investment property or an opportunity to landbank in one of Toowoomba's most tightly held locations, this property presents genuine long-term potential. An information pack is available on request by contacting the agent via this website or by calling 0418 185 220.
Inspections will be strictly by allotted time on Thursday 19th and Saturday 21st March with Offers closing at midday Tuesday 24th March to secure your spot please give us a call, we look forward to speaking with you.
Rates:
General: $ 3046.73 gross per year
Water: $ 397.27 gross per year + consumption
* Internal photos are of units 2 & 3 only.
Disclaimer: This property is being sold by best offer or without a price and therefore a price guide or indication of price cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. All buyers must make their own judgement as to value and what offer to put forward. All offers will be presented to the sellers for their consideration.
The size of East Toowoomba is approximately 4.0 square kilometres. There are 11 parks, covering nearly 11.7% of the total area. The population of East Toowoomba in 2016 was 5244 people. By 2021 the population was 5953 showing a population growth of 13.5% in the area during that time. The predominant age group in East Toowoomba is 10-19 years. Households in East Toowoomba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Toowoomba work in a professional occupation.In 2021, 55.40% of the homes in East Toowoomba were owner-occupied compared with 54.70% in 2016.
East Toowoomba has 3,275 properties. Over the last 5 years, Houses in East Toowoomba have seen a 87.33% increase in median value, while Units have seen a 92.78% increase. As at 31 August 2026:
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