103 Alderley St, Rangeville is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 704m2.
Situated in the prestigious suburb of Rangeville is 'Kriss Place', an outstanding investment opportunity that cannot be missed!
Consisting of 2 x 2 bedroom units, each unit has a renovated kitchen and updated cosmetic features throughout including floor coverings, blinds and paint. With air conditioned living areas, built in cupboards in the bedrooms, full security screens and single lock up garages the units are popular and attract quality tenants. Each unit is individually titled, though being the proud of owner of both means zero body corporate fees and the option to sell one in the future.
Appealingly positioned on the 704m block to ensure maximum privacy between the two units, these properties will appeal to both investors and owner occupiers wishing to occupy one unit & enjoy the rental returns of the other. You'll find it a challenge to beat the convenience of the location, a short 200m walk will take you through the Waterbird Habitat and to endless walking tracks through various parklands along Garnett Lehmann Park, Lake Annand, East Creek right through to the famous Queen's Park & Botanic Gardens. Shopping will be a breeze with High Street Plaza a mere 750 metres away, the highly sought after state schools of Rangeville State Primary & Centenary Heights State High School just minutes away - it really does tick all of the boxes!
Duplexes in high demand areas such as Rangeville are rare find, with both units currently rented to excellent tenants you can just sit back, relax, and enjoy seeing the value increase as Toowoomba's housing market continues to skyrocket.
Unit 1:
2 bedrooms with built in cupboards and ceiling fans
Original bathroom with shower over bath, separate toilet
Air conditioned living area
Renovated kitchen with electric cooking
Updated floor coverings throughout
Large back yard
Single lock up garage
Currently tenanted until March 2022 at $270 per week
Unit 2:
2 bedrooms with built in cupboards and ceiling fans
Air conditioned living area
Renovated kitchen with electric cooking
Renovated bathroom with separate toilet
Updated floor coverings and paint throughout
Paved outdoor area
Single lock up garage
Individually metered for water
Currently tenanted until May 2022 at $275 per week
Both units have been appraised at $290 - $300 per week based on current market conditions.
General Rates currently approx.: $1005.64 per unit, half yearly
Water Rates currently approx..: $314.95 (plus consumption), half yearly
Insurance currently approx..: $1720
Primary School Catchment zone: Rangeville State Primary School
High School Catchment Zone: Centenary Heights State High School
This property is being sold by Openn Negotiation - please click the link to register
https://www.openn.com.au/app/properties/view/c7pn0lks3du04hrsc5r0?negotiationId=c7pn0lks3du04hrsc5rg&tab=negotiation
The size of Rangeville is approximately 8.2 square kilometres. It has 25 parks covering nearly 18.3% of total area. The population of Rangeville in 2016 was 8312 people. By 2021 the population was 8668 showing a population growth of 4.3% in the area during that time. The predominant age group in Rangeville is 10-19 years. Households in Rangeville are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Rangeville work in a professional occupation.In 2021, 70.60% of the homes in Rangeville were owner-occupied compared with 71.80% in 2016.
Rangeville has 4,159 properties. Over the last 5 years, Houses in Rangeville have seen a 82.58% increase in median value, while Units have seen a 133.22% increase. As at 31 March 2026:
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