3/42 South Street
Rangeville, QLD 4350

Overview

3/42 South Street Rangeville QLD 4350

Welcome to Toowoomba's leading suburb, Rangeville, presenting a spacious and well-designed split-level unit featuring three bedrooms and two bathrooms. This unit boasts a large elevated balcony and an internal double garage, offering a blend of timeless character and everyday comfort within an established building reminiscent of a grand classic estate.

The interior unfolds generously across split levels, providing ample living space. The double internal garage ensures convenient and private access to the home. Outside, the notably wide and inviting elevated balcony serves as an ideal spot to relax and enjoy the surrounding outlook.

The property is presented vacant and is suitable for both owner-occupiers and investors. Current market conditions suggest a potential rental income of approximately $700 per week, equating to a gross rent yield of up to 4.57% per annum based on the asking price. Buyers should review the applicable rates, water, and body corporate fees detailed below.

Access to the unit is facilitated by a generously wide driveway and on-site visitor parking, fostering a pleasant community atmosphere. The internal double garage leads to a welcoming foyer, where the split-level design directs you either upstairs to the main living areas and master bedroom or downstairs to additional bedrooms and wet areas.

The lower level includes a well-appointed laundry with a long workbench, integrated sink, storage, and space for appliances, with direct outdoor access. Also on this level is the main bathroom, featuring a bathtub, shower, and vanity. Bedrooms two and three each have built-in robes; bedroom three includes a ceiling fan, while bedroom two benefits from reverse-cycle air conditioning.

Upstairs, the unit opens to spacious living and entertaining areas. The living room is filled with natural light and comfort, equipped with reverse-cycle air conditioning. The kitchen and dining area form the heart of the home, centered around an island bench with abundant drawer storage and a stainless steel dishwasher, complemented by a pleasant leafy outlook. The sunlit dining area is bright and welcoming, with large windows drawing in natural northern light and offering a view across the staircase void, enhancing the sense of openness.

Stepping outside, the expansive north-facing balcony is a standout feature, wide and inviting, perfectly positioned to enjoy the full day's sun. A few steps lead to the main bedroom, which has direct access to the balcony and includes reverse-cycle air conditioning, a ceiling fan, and a generously sized wraparound walk-in robe. The robe connects to a two-way bathroom with shower and vanity, and a nearby separate toilet provides convenience for residents and guests.

Established gardens surround the building, contributing to the calm and attractive setting of this thoughtfully designed split-level residence.

Location highlights include proximity to Rangeville Primary School oval, parks, shopping at Drakes High Street Plaza, Picnic Point, Centenary Heights High School, and the Toowoomba CBD and Strand Cinema.

Additional details include premium NBN fibre-to-the-premises internet connectivity, an estimated build date around 1990, recent general rates and charges, water infrastructure charges, and body corporate fees. The property is within the Rangeville Primary and Centenary Heights High school zones.

Prospective buyers are encouraged to verify all figures and details independently. This large unit at 3/42 South Street is a must-see opportunity in a sought-after location.

Location