Positioned along one of South Toowoomba's key thoroughfares, 19 Ramsay Street offers a unique dual-income opportunity combining residential charm with commercial viability. Set on a high-exposure site, the property features a well-maintained private residence and a securely leased commercial space, making it an attractive proposition for savvy investors. The charming three-bedroom home, currently leased until April 2026, showcases polished timber floors, VJ walls, modern updates and a comfortable layout. Meanwhile, the commercial section is leased on a three-year term, returning an impressive $34,115.28 per annum - a secure stream of income from day one.
Whether you're seeking a diversified addition to your portfolio or exploring long-term growth in a tightly held suburb, this mixed-use property delivers both location and potential in spades. Just minutes from Toowoomba's CBD, quality schools, and shopping precincts, this is an exceptional chance to secure a well-positioned asset with built-in return.
Private Residence Highlights:
Leased until 25th April 2026 at $430per week to reliable tenants
Rent appraised up to $540 per week, providing upside
Polished timber floors and charming VJ walls throughout
Modern kitchen with ample storage and functionality
Air conditioning in the living room plus ceiling fans for year-round comfort
Three bedrooms, two bathrooms, and a two-car garage
Commercial Space Highlights:
High-exposure position on Ramsay Street
Leased on a secure 3-year agreement
Annual return of $34,115.28
2.5% Fixed increase annually
Well-presented commercial frontage and fit-out
Positioned in a growing residential and commercial precinct
Rates: Approximately $3,168.02 per half year
Water Access: Approximately $369.31 per half year
The size of South Toowoomba is approximately 3.7 square kilometres. There are 11 parks, covering nearly 20.6% of the total area. The population of South Toowoomba in 2016 was 5224 people. By 2021 the population was 5512 showing a population growth of 5.5% in the area during that time. The predominant age group in South Toowoomba is 20-29 years. Households in South Toowoomba are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Toowoomba work in a professional occupation.In 2021, 49.30% of the homes in South Toowoomba were owner-occupied compared with 51.00% in 2016.
South Toowoomba has 3,227 properties. Over the last 5 years, Houses in South Toowoomba have seen a 101.53% increase in median value, while Units have seen a 110.10% increase. As at 31 August 2026:
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