247 Taylor St, Wilsonton is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 794m2.
Few and far between are opportunities like this for investors - a strata titled duplex on 794sqm of land, positioned directly across the road from a shopping precinct makes it incredibly attractive for tenants in this hotly contested property market.
An early 1980's brick design, each unit boasts, 2 bedrooms, 1 bathroom and a single lock up garage together with a generous kitchen / living / dining space. Each units is truly in exceptional condition, with the tenant of unit 1 residing at the property for almost 30 years! Unit 2 has enjoyed some recent improvements in the last 12 months, including a repaint, new floor coverings and and air conditioner installed.
As it sits currently, all outdoor space is communal, but this could easily converted to provide exclusive use for tenancies which would generate an additional uplift in the rental value.
Speaking of, both units are currently leased for below market value due to long, ongoing relationships between the tenants and existing owner.
UNIT 1:
- Long term tenant residing for nearly 30 years
- Periodic lease at $210 per week
- Market value is easily $250 - $260 per week!
UNIT 2:
- Mature age tenant
- Fixed term lease at $250 per week until August 2022
- Market value is easily $270 - $280 per week!
With some additional, minor cosmetic upgrades to each unit, there is scope to push each of these rents toward $300 per week.
Here's the other 'need to know' stuff:
- General Rates: $1,036.08 nett half yearly, per unit
- Water Rates: $ 314.95 nett half yearly, per unit
Harcourts Toowoomba is proud to present 247 Taylor Street, Wilsonton to the market. Inspections by appointment only and notice periods apply due to existing tenancies in place.
The size of Wilsonton is approximately 5.3 square kilometres. It has 13 parks covering nearly 7.7% of total area. The population of Wilsonton in 2016 was 5955 people. By 2021 the population was 5891 showing a population decline of 1.1% in the area during that time. The predominant age group in Wilsonton is 20-29 years. Households in Wilsonton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wilsonton work in a trades occupation.In 2021, 58.90% of the homes in Wilsonton were owner-occupied compared with 59.30% in 2016.
Wilsonton has 3,479 properties. Over the last 5 years, Houses in Wilsonton have seen a 134.91% increase in median value, while Units have seen a 126.59% increase. As at 30 November 2025:
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