1 & 2/183A North Street
Rockville, QLD 4350

This entire duplex, comprising two units, is an exceptional investment opportunity located directly opposite St. Andrew's Hospital, a prominent medical precinct in South-East Queensland known for heart and cancer treatment. The property is currently leased with immediate income, offering a stable cash flow for investors through leases extending to early 2027.

The duplex features a mirror-image design with brick construction, providing durability and low maintenance. Each unit includes an attached under-roof garage, enhancing convenience and security for residents. The property sits on a 647 square meter allotment facing south to the street, with a total building size of 214 square meters under the roofline.

Investors will appreciate the absence of body corporate fees, as the units are sold together as a pair, making this a rare find in a sought-after medical precinct location. The strong tenant demand in this area underscores the long-term investment appeal of this property.

Income details include current lease income of $390 per week for Unit 1 and $400 per week for Unit 2, totaling $790 per week. The last rent increases are scheduled for January and February 2026, with lease terms running from July 2026 to January 2027 for Unit 1 and August 2026 to February 2027 for Unit 2.

Expenses are minimal, with no body corporate fees. Recent general rates and charges amount to $2,111.43, and water infrastructure charges are approximately $377.41 net per half-year per unit, plus consumption. Building insurance, garden upkeep, and maintenance costs vary depending on individual plans and requirements.

Each unit offers practical and functional living spaces, including a lounge room, updated kitchen with an upright stove, two bedrooms with built-in robes, an updated bathroom, a separate private toilet, a laundry room with an integrated sink, and useful cupboard storage near bedrooms and laundry areas. Private backyards provide outdoor space for each unit.

The location is highly convenient, with the private St. Andrew's Hospital directly across the road. Additional amenities include proximity to Wilsonton Shopping Centre (1.3 km), Wilsonton High School (1.3 km), Rockville Primary School (1.4 km), and an upcoming major public hospital within a new 75-hectare health precinct under construction (1.8 km).

Toowoomba, the regional city where the property is located, boasts a population of approximately 186,276 as of June 2025 and a gross regional product of $15.14 billion for the financial year ending June 2024. The city is set to gain international attention during the Brisbane 2032 Olympic and Paralympic Games, with significant infrastructure upgrades underway, including a $1.3 billion upgrade for the New Toowoomba Hospital and a $215 million sports precinct development.

Additional regional advantages include abundant gas and oil resources, significant rural wealth, and excellent transport links, including an international freight-capable airport and a recently completed major road crossing. The property is approximately 80 minutes from Brisbane and under two hours from the Gold Coast, making it accessible for both local and interstate investors.

This entire duplex represents a unique opportunity to acquire a well-located, income-producing property in a thriving medical precinct with strong tenant demand and excellent long-term prospects. Interested parties are encouraged to act swiftly to secure this investment.

Additional information includes virtual furniture enhancements in some internal images, the real property description as Lot 3 on Registered Plan RP101667, a current market rent appraisal of $390 to $410 per week per unit, and no bushfire, flood, or heritage overlays as of March 2026. The property falls under the jurisdiction of the Toowoomba Regional Council and benefits from 5G mobile phone coverage.

All figures, measurements, rates, expenses, returns, tenancy details, leases, and indications are provided with care, but independent verification is recommended.