R&H
  • Home
  • Buy
  • 4 Florence Street, HARRISTOWN, QLD 4350

4 Florence Street, Harristown, QLD 4350

  • 2 Bed
  • 2 Bath
  • 2garages

For Sale

Offers over $599,000

Duplex - 2x 1 Bedroom units with bonus Utility Spaces - 4.76% Gross Rental Return

This is a duplex comprising of 2x 1-bedroom units. Each have had their original garage enclosed & a carport added to the front, which now gives you an extra living/utility space which is great. The carports were added on in the 80's we believe. There are zero body corporate fees, just standard insurance that covers both.

Unit 1 has had their rent increased to $265 as of 12/04/2025 & they are now paying for excess water. This is an older lady with a small dog. She does have her son staying there at present, but this is not permanent. She has a reverse Cycle Air con installed in the living room

Unit 2 is now paying $285 per week as of 8/04/2025 as this one has a new kitchen installed. He is also paying for excess water as well. He is an older gentleman living on his own with a kitten.

The units are individually metered with slave units installed at the back of each unit.

There is currently a gardener doing both yards & the owner is paying for this themselves, you could look at the tenants paying for this in the future moving forward if you so desired.

Rent return of $550 per week, the seller is looking at "Offers Over $599k" so if you were to purchase this for $600,000 (as an example) then you would have a 4.76% gross rental return.

This type of accommodation is in major demand because single people generally can't afford a 2- or 3-bedroom unit. You would have many, many applicants should you ever need to change one in the future. I have a friend of 60 who recently passed away in a 1-bedroom unit & he was there for about 10yrs as there were no other suitable options that came up in Toowoomba. These are a great investment!!

Note: internal/external photos used are from a previous marketing campaign. The video was taken last week

Call Scott if you have any further questions

Share
avatar Scott Couper
Scott Couper
Fully Licenced Sales Professional

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

Property Info:
  • Property ID: L34640704
  • Property Type:House
  • Building / Floor Area:88 sqm
  • Carports:2
  • Land Area:554 sqm
Need help with your finance?

Our Broker is always on your side, and we are proud to be helping Australians obtain finance that best suits their circumstances and allows them to realise their property dreams. Your broker will work on your behalf, not the banks, to ensure that you get the most competitive rate within a product best suited to your needs and we do it fast and for free.

avatar
David Lynch

Mortgage Broker

Provided By
R&H
We Know Your Area
R&H Suburb Profile: Harristown
R&H Suburb SummaryHouses
Number of sales176
Average Price$576,345
Median Price$569,400
Median Rental Price$500 p.w.
Change in Rental Rate (5yr)52 %
R&H Suburb SummaryUnits
Number of sales34
Average Price$380,221
Median Price$390,000
Median Rental Price$410 p.w.
Change in Rental Rate (5yr)64 %
Median Trend - $569,400
Recently Listed
Recently Sold
Sold
Sold for $540,000
1/314-316 Bridge Street, Newtown, QLD 4350
  • 3
    Bed
  • 1
    Bath
  • 1
    Car Spaces
Sold
Sold for $725,000
2 Park Lane, Toowoomba City, QLD 4350
  • 4
    Bed
  • 2
    Bath
  • 2
    Car Spaces
Sold
Sold for $360,000
2/177A West Street, Newtown, QLD 4350
  • 2
    Bed
  • 1
    Bath
  • 1
    Car Spaces
Sold
Sold for $485,000
1/22 Gostwyck Street, Newtown, QLD 4350
  • 2
    Bed
  • 1
    Bath
  • 1
    Car Spaces
Sold
Sold for $540,000
1/314-316 Bridge Street, Newtown, QLD 4350
  • 3
    Bed
  • 1
    Bath
  • 1
    Car Spaces
Sold
Sold for $725,000
2 Park Lane, Toowoomba City, QLD 4350
  • 4
    Bed
  • 2
    Bath
  • 2
    Car Spaces
Sold
Sold for $360,000
2/177A West Street, Newtown, QLD 4350
  • 2
    Bed
  • 1
    Bath
  • 1
    Car Spaces
Sold
Sold for $485,000
1/22 Gostwyck Street, Newtown, QLD 4350
  • 2
    Bed
  • 1
    Bath
  • 1
    Car Spaces
Raine & Horne Corporate Partners