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Overview
This dual-income duplex located in the convenient and growing suburb of Harristown presents a compelling investment opportunity. With both dwellings on a single title, it offers the attractive prospect of securing two rental incomes simultaneously, providing immediate cash flow benefits for savvy buyers.
Each unit has been thoughtfully designed to include 2 bedrooms, 1 bathroom, and 1 car space, making them practical and straightforward rental options that appeal broadly to tenants seeking comfortable and manageable living spaces. Both units are currently tenanted and maintained in immaculate condition, ensuring an established and hassle-free income from day one. Secure leases extend into 2027, providing added peace of mind for investors.
Beyond the property's rental appeal, this location enjoys significant regional development that is likely to enhance long-term value. The ongoing construction of the new Toowoomba Hospital at Baillie Henderson, scheduled for completion in 2029, along with other infrastructure investments, promises to reinforce this area's status as a blue-chip precinct with future growth potential.
- Two income-producing units on one title, simplifying ownership while maximising rental returns.
- Both units with efficient layouts including 2 bedrooms, a bathroom, and garage space.
- Currently leased with secure tenancies until 2027, providing immediate investment income.
- Strategic Harristown location benefiting from key regional infrastructure projects.
- Suitable for investors seeking to expand or secure a stable, dual-income asset in a promising market.
General and water rates are competitively priced, and the property's blue-chip location underscores its attractiveness as a long-term addition to an investment portfolio. This duplex suits investors looking for a manageable yet rewarding asset that leverages regional growth dynamics in Toowoomba.
Local Market Insights
In Harristown, Quiet Listings observed 3 new duplexes entering the market over the last 30 days, down from 5 during the previous 30-day period, with an average advertised asking price of $826,000. The property type mix of listed properties is predominantly Houses at 79%, followed by units (10%), and townhouses (4%). The most active agency for duplexes in the Harristown area is currently Raine & Horne, representing 33% of new listings, followed by First National with 33%. 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 Harristown QLD 4350
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