33 Isabel Street
Toowoomba City, QLD 4350

Overview

33 Isabel Street, Toowoomba City, QLD, 4350

This rare inner-city triplex is an exceptional investment opportunity located at 33 Isabel Street, Toowoomba City, Queensland. Set on a substantial 964 square meter allotment, this property is positioned at the end of a quiet cul-de-sac, offering privacy and proximity to commercial zoning in one of Toowoomba's most sought-after precincts.

The location is a key advantage, with the property within walking distance to the Grand Central Shopping Centre and close to Laurel Bank Park, St Mary's College, and the central business district. The rear boundary adjoins prominent Russell Street businesses, enhancing its commercial appeal.

The triplex comprises three distinct units, each with unique features:

• Unit 1 – Ground Level: This unit features two bedrooms with built-in wardrobes, a bathroom with shower, toilet, and integrated laundry, an open-plan living and dining area with backyard access, and a functional kitchen equipped with an electric cooktop, oven, and servery window. High ceilings and security screens are present throughout, along with a single bay carport.
• Unit 2 – Upstairs: This unit offers open living and dining spaces with city views, a functional kitchen with electric cooktop and oven, ample storage, high ceilings, security screens, and a single bay carport.
• Unit 3 – House: This larger unit includes three bedrooms with built-in wardrobes, a master bedroom with ensuite and air-conditioning, two renovated bathrooms (one with laundry), two separate living areas, and a flexible second living or media room currently used as a fourth bedroom. The kitchen is generous, featuring a natural gas cooktop, electric wall oven, ample bench space, and a breakfast bar. Additional features include reverse-cycle air-conditioning, a private north/east-facing covered alfresco, a large northern-facing backyard, high ceilings, security screens, a single bay carport, a garden shed on a brick slab, and two rainwater tanks.

Currently, Units 1 and 2 are vacant, while Unit 3 is rented at $750 per week. Market appraisals suggest Units 1 and 2 could each achieve between $420 and $440 per week based on current conditions.

The property is offered for sale by auction, scheduled for Wednesday, 18th March 2026 at 6:00 pm at Elders Real Estate, 618 Ruthven Street, Toowoomba. Bidding is available in rooms or via live stream online through the Toowoomba Auction Centre website. Auction terms include a 5% deposit and a 30-day settlement period.

This triplex represents a unique combination of scale, location, income potential, and future growth prospects, making it a standout acquisition in the Toowoomba City market. It is an ideal opportunity for investors seeking a high cash-flow addition, a substantial inner-city landholding, or a blue-chip asset in a strong regional growth location.

Act now to secure this once-in-a-lifetime opportunity.

Location