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Real Estate Australia

Real Estate Australia

11% Rental Yield in Fantastic Location
$140,000




Property Location: 2/306-310 James Street HARRISTOWN - TOOWOOMBA - QLD

Listing Id: 21496308  

Details

Bedrooms: 1    Bathrooms: 1   

Description: Neat, tidy and a fantastic rental yield. Welcome to Oxford Crest, a well managed independent living facility - located directly across from Clifford Gardens.

With it's incredible positioning, and access to medical, groceries, restaraunts, post office and banking right across the road, this unit is uniquely positioned for long term tenant demand.

With a fantastic long term lease and tenant already in place, Unit 2 boasts a 11.14% gross rental yield.

Located within Oxford Crest, just across the road from Clifford Gardens Shopping Centre and close to the Toowoomba Base Hospital, it's ideal for those seeking convenience, comfort, and community.

Well positioned in the complex for convenience and privacy, front and rear entries provide beautiful breezes. With in house site management & the onsite community clubhouse, this is independent living with added peace of mind.

Oxford Crest also offers prepared meals for residents at a cost, making this the perfect place for the residents to live life their way.

The facility is in high demand, with a long waiting list of tenants looking to live in the facility. This unit is perfectly situated for convenient over 55's living, with long term tenant demand.

Key Features:
- One bedroom with built-in wardrobe
- Separate living and dining space
- Reverse-cycle air-conditioning
- Security screens on all windows and doors
- Private front and back access
- Use of the community clubhouse with regular social activities
- In-house management and optional third-party leasing available
- No entry or exit fees

Investment Details:
- Currently tenanted until 3rd March 2026 at $300/week
- Low-maintenance complex with on-site management, or investors are welcome to have their property privately managed
- Body Corporate: approx. $1736.50 per quarter
- General Rates: $1155.18 Net Half yearly
- Water Access: $335.75 Half yearly
- Tenants pay electricity; water usage may be billed
- The facility is in high demand with potential tenants, with a long waiting list of people looking to live in the facility

Suburb Snapshot:
Harristown is a well-established suburb offering a mix of residential and retail convenience. Its location near major shopping centres, schools, and medical facilities makes it highly desirable for retirees and long-term tenants alike.

What's Nearby:
- Clifford Gardens Shopping Centre - 300m
- Toowoomba Base Hospital - 2.5km
- Grand Central Shopping Centre - 2.5km
- Laurel Bank Park - 2.4km
- Public transport options within walking distance

A perfect addition to any investors portfolio, contact Lochie Wagner and Chan De Silva to arrange your inspection today.

To note: the photos used are of a similar unit, where the condition is similar. While featuring the same floorplan, only mirrored. Virtual furniture has been used to help establish size and scale of the unit.

Disclaimer: Every effort has been made to ensure the accuracy of the information provided; however, we encourage you to independently verify all figures, measurements, and details. We accept no liability for any errors, omissions, or inaccuracies. Prospective purchasers should make their own enquiries to confirm the information contained in this listing.


11% Rental Yield in Fantastic Location
$140,000


Contact RE/MAX Success Today!!!

Contact Lochie Wagner
Phone 042 187 5477

Contact Chan De Silva
Phone 0438 900 376

Property ID:21496308
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