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Overview
Set on a substantial 4,109 square metre allotment in the growing Meringandan West community, this property offers a versatile and well-finished duplex living opportunity. The entire duplex shares one title, providing both flexibility for multi-generational families or the potential for dual rental income streams.
The property features two fully separated residences with upgraded interiors throughout, including Caesarstone benchtops and natural timber-look flooring that create a modern and warm ambiance. Unit 1 is designed with family living in mind, offering three bedrooms, a dedicated study suitable for work or hobbies, two bathrooms, and parking for two vehicles. The study adds valuable versatile space enhancing functionality.
Unit 2 complements with two bedrooms, a bathroom, and single garage space, ideal for tenants, extended family members, or additional revenue. Together, the homes provide five bedrooms plus study, three bathrooms, and three parking spaces overall.
Investors will appreciate the strong combined rental income of $1,150 per week, with current leases secured until 2027. The dual-income potential, substantial land size, and proximity to local schools, parks, shopping, and the nearby Highfields precinct make this an attractive choice for investors, families, or buyers seeking flexible living arrangements.
- Dual residences on one title
- Expansive 4,109 sqm landholding
- Five bedrooms plus study in total
- Three modern bathrooms
- Three-car accommodation
- Modern upgrades including Caesarstone benchtops and quality fittings
- Strong, secure rental income through established leases
- Convenient access to community amenities and Toowoomba
This property uniquely combines size, style and flexibility in a convenient and sought after location, presenting multiple lifestyle and investment opportunities.
Local Market Insights
In Meringandan West, Quiet Listings observed 63 new houses entering the market over the last 30 days, up from 47 during the previous 30-day period, with an average advertised asking price of $1,145,825. The property type mix of listed properties is predominantly Houses at 86%, followed by land (11%), and units (1%). The most active agency for houses in the Meringandan West area is currently Ray White, representing 22% of new listings, followed by WIRE Property Agents with 14%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for Meringandan West QLD 4352
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