24 Magpie Drive
Cambooya, QLD 4358

This modern contemporary brick duplex is a prime investment opportunity located in the desirable Cambooya Ridge Estate. Set on an 802 square meter block, it offers convenient access to the progressive town of Cambooya, which features essential facilities such as a primary school, chemist, medical centre, convenience store, post office, and the Bull & Barley Inn. A supermarket is also planned for the town, enhancing its appeal. The property is situated just a 20-minute drive from Toowoomba, the South-West Capital of Queensland, providing access to comprehensive shopping, services, entertainment, and educational institutions.

The duplex consists of two units, each with its own unique features and rental returns. Unit One is a spacious three-bedroom, two-bathroom unit with a single garage. It is currently leased until November 12, 2026, generating a weekly rental income of $480. Unit Two is a boutique one-bedroom, one-bathroom unit with a single garage, leased until August 10, 2026, with a weekly rental income of $380. Together, these units provide a combined rental return of $860 per week, offering an approximate gross rental yield between 5.3% and 5.6%.

Unit One features three generous built-in bedrooms, including an air-conditioned master bedroom with an ensuite. The family bathroom includes a separate bath and shower, along with a separate toilet. The open-plan kitchen, dining, and living area is air-conditioned and opens onto a covered outdoor entertaining and alfresco area. This space extends to a large, fully fenced side and rear yard with side vehicle access, providing ample outdoor space for enjoyment.

The galley kitchen is well-appointed with stone benchtops, classic white cabinetry, abundant cupboard space, a good pantry, double sink and drainer, dishwasher, electric oven and cooktop, rangehood, a large fridge recess, and an under-bench microwave recess. The spacious interior and large yard make this unit feel like a home, complemented by the single lockup garage.

Unit Two offers a generous air-conditioned open-plan kitchen, dining, and living area. The kitchen is finished with stone benchtops and includes ample bench and cupboard space, a pantry, dishwasher, electric oven and cooktop with rangehood, under-bench microwave recess, and a good fridge recess. The large built-in bedroom suite is complemented by a tastefully finished ensuite. This unit also features a single lockup garage and a large, fully privacy-fenced side and rear yard.

Built in 2017, the property has NBN availability and no body corporate fees. Rates are approximately $1861.31 net per half year, with a water access fee of $285.57 net per half year.

This duplex presents an outstanding investment opportunity that is ideal for investors seeking a set-and-forget option or owner-occupiers who wish to live in one unit and rent out the other. The property is close to schools and shops, enhancing its convenience and appeal.

Inspections are by appointment, with a requirement to provide tenants with 48 hours' notice by law and as a courtesy.