7/21 Gipps St

Drayton QLD 4350

Unit

Currently for sale - view listing

Overview

Smart Investment in a High-Demand University Precinct

Positioned within a boutique complex of just seven residences and tucked away privately at the rear, this well-maintained unit presents an outstanding opportunity for investors seeking a low-maintenance asset in a consistently high-demand location. With the University of Southern Queensland, public transport, schools, shopping facilities and parkland all within easy reach, this is a property perfectly positioned to attract long-term tenants and deliver reliable returns. Currently leased at $370per week until 30 June 2027, this is an ideal set-and-forget investment offering immediate income and future growth potential in one of Toowoomba's most sought-after rental corridors. Whether you're looking to expand your portfolio, secure your first investment property or acquire a dependable asset in a blue-chip rental location, this property offers the perfect combination of affordability, convenience and strong tenant appeal. Property features include: - Two good sized bedrooms, both with built-in wardrobes - Spacious open-plan living and dining area - Kitchen with gas cooktop and ample cupboard space - Bathroom featuring shower over bath, vanity and toilet - Internal laundry with additional storage options - Security screens throughout for added peace of mind - Single remote lock-up garage with internal access - Private, fully fenced rear courtyard with minimal upkeep required - Quiet position at the rear of a boutique complex of just seven units - Excellent proximity to USQ, schools, shopping centres and parkland - Convenient access to transport with a direct route to the CBD - Combined body corporate fees of $730.05 net per quarter - Currently tenanted at $370per week until 30 June 2027