16 Schultz Street
Kearneys Spring, QLD 4350

Overview

16 Schultz Street, Kearneys Spring, QLD, 4350

This well-maintained duplex presents a solid investment opportunity, offering immediate returns with one tenant currently in place on a periodic lease at $250 per week. The property has a current rental appraisal of $390 to $410 per week per unit, with potential for increase.

Located in a quiet street, the property benefits from a convenient position close to Toowoomba Kmart Plaza and West Ridge Shopping Centres, as well as public and private schools and the University of Southern Queensland, ensuring ongoing tenant appeal.

The duplex comprises two two-bedroom units, each featuring a lock-up garage with internal access. The interiors are neat and tidy, well maintained throughout, and include security screens on doors and windows. The property is privately fenced on the sides and rear, situated in a quiet, established location.

This is an excellent entry-level investment offering affordability, stability, and future growth potential.

Rental appraisal details indicate that Unit 1 is currently vacant, while Unit 2 is rented for $250 per week. Market conditions suggest the property could achieve between $390 and $410 per unit per week, based on current market data without a physical viewing.

The auction is scheduled for Wednesday, 18th March 2026 at 6:00 pm, held in office and also available via live stream digital platform through the Toowoomba Auction Centre website. Auction terms include a 5% deposit and 30 days settlement.

Convenient local amenities include:

• Westridge Shopping Centre
• Kmart Plaza
• University of Southern Queensland
• Toowoomba CBD

School catchment areas are:

• Prep to Year 6: Darling Heights State School
• Year 7 to Year 12: Harristown State High School

Property rates are approximately $2073.93 net per half yearly, with a water infrastructure charge of approximately $377.40 net per half yearly plus consumption.

Additional information includes the local government area being Toowoomba Regional Council, and the real property description is Lot 92 RP194935 with an allotment size of 640 square meters.

Prospective purchasers are encouraged to independently verify all details before making decisions. The property is offered for sale by auction without a listed price in accordance with Queensland legislation, and any price ranges displayed are for search and filtering functionality only and do not indicate value or seller expectations.

Location