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Back 2/122a Russell Street
Off Market

2/122a Russell Street

Toowoomba City QLD 4350

2
1
1
51 m²
77 m²
Unit
Last sold for $422,000
John RizqallahJohn Rizqallah, last sold this property on 06 July 2025 after 23 days on market.

Overview

Fantastic "Blue Chip" Investment Opportunity in the Vibrant Heart of the Toowoomba CBD

Perfectly positioned in the vibrant heart of Toowoomba, this spacious ground-floor unit offers the ultimate in convenience and lifestyle. Nestled in a secure, gated complex of just 10, this solid double-brick residence has been tastefully renovated and is just a short stroll from cafes, restaurants, boutique shops, medical centres, Queens Park, Grand Central Shopping Centre, and public transport, making it ideal for owner-occupiers and investors alike. With everything at your fingertips, there's truly no need for a car. Currently leased at $425/week until April 2026, this property also presents outstanding rental potential of $450 - $475/week at lease renewal, or over $500/week if fully furnished. Property Highlights: • Spacious open plan living, dining and kitchen with high 9ft ceilings • Two generously sized bedrooms with built-ins and brand-new carpet • Freshly painted throughout with modern lighting, curtains, and fixtures • Stylishly renovated bathroom with new tiling, fittings and paint • Updated kitchen featuring modern tapware, excellent storage, and space for a mobile island • New flooring throughout for durability and easy maintenance • Internal laundry with storage, new vanity, and separate toilet • Natural gas for cooking and hot water • Security screens on all windows and doors • Single carport at the rear, ideal for undercover parking or additional entertaining space • Electric-gated access and well-managed by Toowoomba Strata (CTS 11854) Investment Snapshot: • Current Rent: $425/week (lease until 14 April 2026) • Rental Potential: $450 - $475/week | $500+ if furnished • Council Rates: Approx. $1,155.18 half yearly • Water Rates: Approx. $335.75 half yearly • Body Corporate: $612/quarter (includes admin, insurance & sinking fund) • Water Efficient Certified - tenant pays full water usage • Built: Circa 1978 School Catchments: • Primary: Toowoomba North State School • Secondary: Harristown State High School This is a rare chance to secure a fully renovated, low-maintenance unit in a tightly held, central location with exceptional rental appeal. Whether you're stepping into the market, downsizing, or looking for a high-yielding investment - this one ticks all the boxes. Contact John Rizqallah on 0427 976007 for more information or to arrange your Private Inspection

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
51 m² floor area
77 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Toowoomba City over the last 12 months, the estimated median property value of 2/122a Russell Street is $408.5k.

Median value
$408.5k
Estimated value range
$215k - $440k
Median days on market
25
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Toowoomba City. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2/122a Russell Street

2025
Sold
$422,000
06 Jul 2025 by John Rizqallah, of Raine & Horne Toowoomba
2025
Rented
Undisclosed
Leased on 10 Apr 2025 by RE/MAX Success
2025
Sold
Undisclosed
22 Jan 2025 by Michael Hosking, of LJ Hooker Toowoomba

Happy sellers in Toowoomba City

100%
100% of sellers in Toowoomba City reported that their sale price either exceeded or met their price expectations.

Toowoomba City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Toowoomba City over the last 12 months.

Local market activity for 2 bedroom units in Toowoomba City

In the last 12 months, 4 two-bedroom units similar to 2/122a Russell Street, have been sold.

This represents a 73% increase in two-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Toowoomba City

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Julie McCallum

Julie McCallum is a recommended agent for Toowoomba City.  They have 1 local sale and collected 2 local reviews across the last 12 months.

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Justine Dill

Sellers who recommend Justine Dill have praised them for being clear communication, local expert, responsive, supportive, friendly, reliable and well-prepared

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Tom Schatz

Tom Schatz is a recommended agent for Toowoomba City.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   5   (7 reviews)
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Liam Banks

Sellers who recommend Liam Banks have praised them for being clear communication, local expert, dedicated and supportive

  •   5   (46 reviews)
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