East Toowoomba 15a John Street

Looking for a rock solid investment property with a proven income stream in a great location, or maybe you're after a fabulous home for the extended family, perhaps you could live in one apartment and get an income from the other – the possibilities here are endless.

Situated in a "blue chip" East Toowoomba Street on a 428m2 block and just a short stroll to Toowoomba Grammar is this rather substantial & attractive brick home returning a very healthy $46,800pa! The original home has been cleverly converted into two dwellings, one upstairs and one down. Upstairs is currently rented to a great long term tenant @ $450.00pw and downstairs is returning $450.00pw, both tenants are on fixed term agreements.

Upstairs:

The apartment on the top floor simply oozes appeal, loads of natural light combine with stand out features like the parquetry flooring to add a real sense of space and class. Other features upstairs include a very appealing kitchen, three good sized bedrooms with built-ins and an updated bathroom. At the front of the apartment is a fully fenced and private garden space and up a few stairs an East facing patio is just the spot for a morning cuppa & afternoon vino! Upstairs is rented @ $450.00pw till the 16th March 2026.

Downstairs:

Downstairs the 2nd apartment is also spacious and includes a modern kitchen and bathroom, 4 bedrooms ( or 3 + dining) and a large living space. Downstairs is rented till 4th December 2025 @ $450.00pw. There is a carport at the back of the complex and also a laundry/storage space for both apartments.

Homes like 15a John Street don't come along everyday so please reach out to Rach or Andrew TODAY to arrange your inspection!

Tenancies:

Top floor - $450.00pw till 16.03.2026
Downstairs - $450.00pw till 04.12.2025

Costs:

Rates: $1828.06 1/2 year net
Water access: $ 377.40 1/2 year net

Please Note: Some of the photos contained herein have been decluttered and staged for marketing purposes.

Disclaimer: Neither the vendors nor The Real Estate People (Including, but not limited to, its agents, directors, associated entities or legal assigns) either jointly or severally give any warranty, and no warranty is implied, as to correctness, accuracy or worth of the information contained herein. No representations are made or implied as to value, worth or suitability (for any purpose whatsoever) of the property as described herein. It is recommended that prospective purchasers ascertain the validity of any information or particulars contained herein prior to making any financial decisions based thereon.
E&OE.

Property Information

• Land area approx 428sqm

Property Features

• Carports 1
• Air Conditioning