8/122A Russell Street, Toowoomba City, QLD 4350

For Sale

Offers over $299,000

"OFF MARKET" - Fantastic "Blue Chip" Investment Opportunity walking distance from Toowoomba CBD

"Russell Lodge" is located opposite Vacy Hall in Russell Street and walking distance to the Toowoomba CBD, inner city cafes, Major shopping centres & all other major amenities.

This unit has many features which include the following:

• Electric gated complex of 10 double brick units for security and peace of mind

• Open plan kitchen, dining & living

•1 spacious bedroom with built-ins and carpet on the flooring

• Brand new carpets have been layed

• New vanity in main bathroom

• Freshly painted throughout the unit

• New LED lighting throughout to save on your electricity bill

• Main bathroom & laundry combined with separate shower, separate Toilet

• Carport attached rear of unit and can be used as an undercover outdoor entertainment area

• Security Screens throughout windows and doors

• Natural Gas Stove and Gas hot water system

• Tiled throughout main areas for easy maintenance

• 9ft ceilings

Investors Take note:

• Rental income is $275 per week until 5/4/2026

• Water rates - half yearly nett: $373.06

• Land rates - Half yearly nett: $1155.18

• Body corporate fees and Information - $510 per quarter which includes sinking fund, admin and Building Insurances.

• Administrative Fund $276.00 Building Insurance $135.00 Sinking Fund $99.00 = $510 Per quarter total sinking fund

• Managed by Toowoomba Strata - CTS 11854

• Property built: Approx 1978

• Primary school state catchment: Toowoomba North State School

• High school state catchment: Harristown State High School

Leave your car at home and walk to work!! Contact John Rizqallah on 0427 976007 for more information

John Rizqallah

Fully Licenced Sales Professional

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

Property Info:

Property ID: L34800794
Property Type:Unit
Building / Floor Area:50 sqm
Garages:1
Land Area:50 sqm

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