2 Park Lane, Toowoomba City, QLD 4350

Sold

Sold for $725,000 on May 16, 2025

Prime Duplex Investment in the Heart of Toowoomba City!

Positioned for lifestyle and convenience, this outstanding duplex offers an unbeatable location within walking distance to Toowoomba's best - including picturesque parks, quality schools, Grand Central Shopping Centre, and the vibrant city centre.

On one side, enjoy a fully self-contained 1-bedroom unit complete with its own garage and internal access - perfect for downsizers, singles, or short-term rental income. On the other side, a spacious 3-bedroom unit provides flexible living for families or long-term tenants.

With an exceptional rental return and strong demand in this sought-after location, this is a rare opportunity to secure a high-performing investment with dual income streams.

Whether you're looking to expand your portfolio or live in one and rent the other, this duplex ticks all the boxes.

Don't miss out - opportunities like this are hard to find!

Unit 1 currently rented for $330 per week until 9/02/2026

Unit 2 currently rented for $400 per week until 20/02/2026

So that's a 5.4% Gross rental return as it is. We have also appraised them in the current market & you could achieve $380 for the 1 bedroom & $450 for the 3 bedroom. So thats then a 6.1% gross rental return!!!!

Land rates $1,332.02 net Per 6mth Period & Water connection fee of $335.75 net per 6mth period

With the seller wanting to liquidate to purchase a property elsewhere this is a great opportunity for a savvy investor to grab onto this very unique property which is certain to increase in value more & more as the years go on.

Call Scott for more information or to arrange an inspection.

Scott Couper

Fully Licenced Sales Professional

Got a property to sell? Contact us for a free Request Appraisal

Property Info:

Property ID: L34182562
Property Type:House
Building / Floor Area:61 sqm
Garages:2
Land Area:455 sqm

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