Situated in a quiet and convenient pocket of Cranley, this property presents an outstanding opportunity for investors seeking strong, immediate rental returns.
Set on a 569m² block, this well-configured home is currently operating as a share house, offering a practical layout designed to maximise income and tenant appeal. The property features four bedrooms, three of which include private ensuites—highly sought after in shared accommodation and key to achieving premium rental returns.
The property is currently generating approximately $46,560 per year in rental income, providing a solid and consistent cash flow. Most furniture is included in the sale (excluding beds), adding further value and making this a ready-to-go investment.
Inside, the home offers a light-filled open-plan living and dining area, a modern kitchen, and an additional separate toilet to service common areas. A functional outdoor entertaining space enhances the overall livability, making it ideal for shared living arrangements.
Property Features:
. Four bedrooms (three with private ensuites)
. Open-plan living and dining area
. Modern kitchen
. Additional separate toilet
. Double bay garage
. Outdoor entertaining area
. Rainwater tank
. Fully fenced 569m² block
Investment Highlights:
. Established and fully set up share house
. Strong rental income of approximately $46,560 per year
. High demand for ensuite-style accommodation
. Low-maintenance, investor-friendly property
. Rates approximately $2,654.90 per year
Conveniently located close to local shops, schools, and public transport, and just a short drive to the Toowoomba CBD, this is a turnkey investment offering immediate income with potential for future growth.
Inspections by appointment
Kev Perry 0408 108 785
All About Real Estate Qld
www.allaboutre.com.au
E: kevperry@allaboutre.com.au
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