84 Thornton St, Raceview is a 6 bedroom, 4 bathroom House with 2 parking spaces and was built in 2007. The property has a land size of 800m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in September 2018.
Positioned in a high-demand growth corridor of Ipswich, 84 Thornton Street represents a premier, set-and-forget acquisition for astute investors seeking strong yield and immediate cashflow. Situated on a single title with no body corporate management or strata fees, this exceptionally maintained duplex generates a combined dual-income return of $1,020 per week ($53,040 per annum). Both residences feature modern, functional floor plans and are currently leased to reliable tenantsSide A returning $550 per week and Side B returning $470 per week. With immediate revenue from day one, dual tenant risk mitigation, and low ongoing holding costs, this turnkey asset is an ideal addition to any SMSF or residential investment portfolio.
Property Features:
- Dual-Income Stream $1,020/wk Total: With Side A leased at $550/week and Side B leased at $470/week.
Location Benefits include:
- Located directly across from Expeditions Early Learning Journey (50m) and a short walk to Bethany Lutheran Primary School (400m); positioned within the desirable Raceview State School and Bremer State High School catchments.
- Minutes to local Raceview shops, Booval Fair Shopping Centre, and Ipswich Riverlink Shopping Centre for major supermarkets, specialty retail, and dining.
- Fast access to the Cunningham Highway and Centenary Highway, offering smooth commutes to the Brisbane CBD (approx. 40 minutes) and the Amberley RAAF Base.
- Conveniently close to Ipswich Hospital, St Andrew's Private Hospital, and USQ Ipswich Campus, driving consistent local rental demand from healthcare, defense, and education professionals.
- Surrounded by family-friendly parks, local sporting reserves, and public transport options, underpinning strong ongoing tenant retention.
Disclaimer:
NGU Real Estate | The Kimmorley Group has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
The size of Raceview is approximately 5.9 square kilometres. There are 23 parks, covering nearly 11.7% of the total area. The population of Raceview in 2016 was 9721 people. By 2021 the population was 9699 showing a population decline of 0.2% in the area during that time. The predominant age group in Raceview is 0-9 years. Households in Raceview are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Raceview work in a community and personal service occupation.In 2021, 57.00% of the homes in Raceview were owner-occupied compared with 53.00% in 2016.
Raceview has 4,530 properties. Over the last 5 years, Houses in Raceview have seen a 135.04% increase in median value, while Units have seen a 175.58% increase. As at 30 June 2026:
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