For Sale

2 Park Ln, Toowoomba City, QLD, 4350

Offers Over $899,000

4
2
6
455 m²

DuplexSemiDetached

30+ days on the market

What's around 2 Park Ln

4 Bedroom Duplex in Toowoomba City with a 5% Gross Rental Return projected

Positioned for lifestyle and convenience, this outstanding dual-occupancy property offers an unbeatable location within walking distance to local parks, quality schools, Grand Central Shopping Centre, and the vibrant Toowoomba city centre. Whether you are looking to secure a high-performing dual-income investment, add to a growing portfolio, or live in one unit and rent the other, this versatile duplex delivers strong current returns with exceptional future upside. Unit 1 (1-Bed | 1-Bath | 2-Car) • Spacious Bedroom: Tiled flooring, ceiling fan, and large built-in robe • Generous Bathroom: Full bath, separate shower, double vanity, plus a separate toilet • Full-Sized Kitchen: Electric cooktop and oven, slide-out rangehood, corner pantry, double sink, and a wide fridge cavity • Comfort & Security: Reverse-cycle air conditioning and full security screens on doors and windows • Garage & Storage: Single lock-up garage with remote access, internal laundry, and built-in storage shelving. Extra parking bay out front • Low Maintenance: Durable tile flooring throughout • Front Patio: Covered area & fenced front courtyard • Currently tenanted at $330/week until 09/02/2027 Unit 2 (3-Bed | 1-Bath | 4-Car) • 3 Carpeted Bedrooms: Generous main bedroom and two additional bedrooms, all with built-in robes • Flexible Living: Comfortable, decent-sized lounge with reverse-cycle air conditioning, plus a light-filled front sunroom perfect for a study, home office, or kids' play area • Functional Kitchen: Electric stove, fixed rangehood, corner pantry, and single sink • Bathroom & Amenities: Central bathroom with shower and vanity, internal laundry, separate toilet, and hallway linen storage • Security: Fitted with security screens throughout on doors and windows • Garage & Parking: Lockup single garage, plus bonus 3x extra bays (ideal for a campervan or trailer) • Courtyard: fenced front courtyard area • Currently tenanted at $440/week until 20/02/2027 Investment Breakdown • Combined Current Rent: $770 per week (4.45% gross yield) • Rental Appraisal: $880 per week total (~5.00% gross yield achievable) • Council Rates: $1,529.21 net per half-year • Water Connection: $397.27 net per half-year With the owner liquidating to purchase elsewhere, this is a genuine opportunity for a savvy investor to secure a high-yielding, low-maintenance asset in a prime growth location. Call Scott today for more information/walk-through video, or to arrange a private inspection!

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