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Back 3/306 James Street
Off Market

3/306 James Street

Harristown QLD 4350

1
1
Unit
Lochie WagnerLochie Wagner, last sold this property on 03 June 2025 after 55 days on market.

Overview

Buy One or Buy ALL!

An outstanding investment opportunity within Oxford Crest Toowoomba, a well-established independent living village catering to over 50's. This listing offers four fully tenanted one-bedroom units in a secure, low-maintenance complex. With strong tenant demand, rents of $285-$340 per week, and minimal ongoing costs for investors, a 10%+ rental yield is confidently achievable. Positioned opposite Clifford Gardens Shopping Centre and just 2.5 km from Grand Central, this location ensures ongoing demand from retirees seeking comfortable, independent living. Key Features: - One-bedroom units with ensuite bathrooms - Kitchen and built-in wardrobe - Reverse cycle air-conditioning - Security screens on all windows and doors - Front and back doors for airflow - Access to the community clubhouse with organised social and recreational activities - Onsite management for leasing and vacancy management, with the option to engage external real estate agents - Situated in a well maintained complex with in house site management Current Tenancy Details (Units 1, 2, 3 & 5): - Unit 1: Currently vacant from 14th March 2025, previously rented at $570 per fortnight. - Unit 2: Tenanted until 3rd March 2025 at $570 per fortnight, increasing to $600 from 4th March 2025 for 12 months. - Unit 3: Lease in place until 30th March 2025 at $570 per fortnight, increasing to $600 from 31st March 2025 for 12 months. - Unit 5: Tenanted until 29th October 2025 at $570 per fortnight. Investment & Financials: - 10%+ approximate rental yield - Strata management fees cover building insurance, public liability insurance, and common area maintenance - Tenants pay for electricity and may be billed for water consumption at the owner's discretion - Owners to pay Council rates and water access changes - No entry, exit, or ongoing site fees payable by investors-only body corporate fees (approx. $1500/quarter) Sale Details: Auction Date: Saturday, RESCHEDULED to 22nd March 2025, at 10:30 AM (Onsite Auction) - Offers Prior to Auction: Considered - A total of 8 units are available, offering flexibility for buyers wanting to purchase multiple units or the entire portfolio. Request the Full Information Memorandum For a comprehensive Information Memorandum, including financial details, tenancy schedules, and further investment insights, contact Lochie Wagner and Chan De Silva today. Disclaimer: Every effort has been made to ensure the accuracy of the information provided; however, we encourage you to independently verify all figures, measurements, and details. We accept no liability for any errors, omissions, or inaccuracies. Prospective purchasers should make their own enquiries to confirm the information contained in this listing.

Features

1 bedroom
1 bathroom
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Harristown over the last 12 months, the estimated median property value of 3/306 James Street is $208.75k.

Median value
$208.75k
Estimated value range
$150k - $385k
Median days on market
38
Estimated value trend
55%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Harristown. 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 3/306 James Street

2025
Sold
Private Sale/Treaty on 03 Jun 2025 by Lochie Wagner, of RE/MAX Success
2025
Sold
03 Jun 2025 by Lochie Wagner, of RE/MAX Success

Happy sellers in Harristown

95%
95% of sellers in Harristown reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 18 reviews in Harristown over the last 12 months.

Local market activity for 1 bedroom units in Harristown

In the last 12 months, 10 one-bedroom units similar to 3/306 James Street, have been sold.

This represents a 65% increase in one-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 Harristown

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Joe Ryan

Sellers who recommend Joe Ryan have praised them for being local expert, clear communication, honest, reliable, supportive, responsive and friendly

  •   4.9   (149 reviews)
  •  3 Reviews in Harristown
  •  3 Sales in Harristown
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Jacqui Walker

Sellers who recommend Jacqui Walker have praised them for being clear communication, local expert, responsive, friendly, supportive, dedicated and reliable

  •   4.9   (585 reviews)
  •  2 Reviews in Harristown
  •  13 Sales in Harristown
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Lochie Wagner

Lochie Wagner is a recommended agent for Harristown.  They have 10 local sales and collected 2 local reviews across the last 12 months.

  •   4.9   (12 reviews)
  •  2 Reviews in Harristown
  •  10 Sales in Harristown
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Robbie Witt

Sellers who recommend Robbie Witt have praised them for being clear communication, local expert, supportive, reliable, responsive, honest and dedicated

  •   4.9   (335 reviews)
  •  2 Reviews in Harristown
  •  5 Sales in Harristown
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