2/50 Rifle Range Rd, Mount Lofty is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 607m2.
Welcome Home
It is a pleasure to bring to market this rare-find Duplex, offered for the first time in 30 years this is a must to inspect for any savvy investor or downsizer looking to have a passive income alongside a residence.
This double brick property is a blank canvas, you can create and renovate this property to exactly what you want. Opportunity to improve the rental return with very minimal investment.
Unit One:
Features a spacious open plan living area, with a fully equipped kitchen and large laundry. The accommodation comprises two bedrooms, all featuring natural light and storage. External access to the backyard and the front yard currently exclusive use for this unit could be re-imagined.
Currently Rented at $305.00 per week until 3rd May 2026. Current Rental Appraisal $430.00 per week.
Unit Two:
The larger of the two units. It features a spacious lounge with great views from both the bedroom and living area. A recently renovated kitchen is a highlight of this unit. The internal laundry and functional bathroom complete this unit.
This unit has a private courtyard and the balance of the backyard exclusively and with a little imagination this space could be truly special.
Current Rental Appraisal $430.00 per week
The location here is what makes this property an even better investment, set in a quiet street with amazing neighbors.
Located just 8 minutes' drive to the Toowoomba CBD and easy access to the range for those commuting to work. This is inner city living with those popular trees change views and let's not forget that dress circle address.
School Catchment Area:
Primary Harlaxton State School
Secondary School- Toowoomba State High School
Opportunity to improve the rental return with very minimal investment
This property will only be shown via private inspection so please contact your agent Evita to book your inspection. You will be glad you did.
The size of Mount Lofty is approximately 9.6 square kilometres. There are 8 parks, covering nearly 35.5% of the total area. The population of Mount Lofty in 2016 was 3775 people. By 2021 the population was 3825 showing a population growth of 1.3% in the area during that time. The predominant age group in Mount Lofty is 10-19 years. Households in Mount Lofty are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Lofty work in a professional occupation.In 2021, 72.90% of the homes in Mount Lofty were owner-occupied compared with 73.00% in 2016.
Mount Lofty has 1,868 properties. Over the last 5 years, Houses in Mount Lofty have seen a 105.28% increase in median value, while Units have seen a 117.17% increase. As at 30 April 2026:
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