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Description: GROSS RENTAL YIELD 11%+!
Welcome to Oxford Crest, a well managed independent (Over 55's living facility). Incredible positioning right across from Clifford Gardens has made these units one of the most in demand in Toowoomba - with a waiting list to get into the facility currently 40+ people long.
2 x one bedroom, one bathroom units available, and set to sell as a package deal with the owners looking to downsize their portfolio prior to June 30.
Strong leases and a fantastic rental yield can be expected, with the 2 properties bringing in $600/week in rent ($31,200 per annum).
With rental yields of 5% highly desirable in Toowoomba, these 3 properties are set to achieve a gross rental yield of 11%+.
Key Features across the 2 units:
- One bedroom with built-in wardrobes
- 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 for buying and selling
- On site meals offered for tenants at their choosing
- Car parking at the front of the facility for residents to use
Investment Details:
Unit 2/306-310 James Street, Harristown
Currently tenanted at $300/week until 3 March 2026
Unit 3/306-310 James Street, Harristown
Currently tenanted at $300/week until 31/03/2026
Body Corporate: approx. $1736.50 per quarter (each unit)
General Rates: $1155.18 Net Half yearly (each unit)
Water Access: $335.75 Half yearly (each unit)
Tenants pay electricity; water usage may be billed
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/s, 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.
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