135 Bridge Street, North Toowoomba, Qld 4350

$1,150,000

Block Of Units
Type
4
Bedrooms
4
Bathrooms
1
Parkings
835 m²
Area

Published on Monday, May 18, 2026 ( See property details for 135 Bridge Street, North Toowoomba, Qld 4350)

$1,150,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile and character-rich four-unit property on a prominent corner in North Toowoomba, offering immediate income and renovation potential in a prime location.

🏡 Property Highlights

  • Prime corner allotment with dual street access in sought-after North Toowoomba
  • Currently configured as four self-contained units with income potential
  • Rich in original character features including pressed metal ceilings and VJ walls
  • Spacious layout with soaring ceilings and generous proportions
  • Excellent location close to shops, cafes, schools, and major amenities
  • Potential to restore and reconfigure into a grand single residence (subject to council approval)

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Garage
  • Shed
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Low-Maintenance Yard

North Toowoomba is a highly desirable suburb known for its charming character homes, convenient access to the CBD, and vibrant local amenities. Residents enjoy proximity to cafes, schools, parks, and shopping centres, making it ideal for families, professionals, and investors alike. The area offers a blend of historic appeal and modern convenience, with excellent transport links and a strong community atmosphere.

What is the current rental income of the property?
The property currently generates approximately $660 per week from three leased units, with one unit vacant and all units eligible for rent increases.
Can the property be converted back into a single-family home?
Yes, subject to council approval, the units can be reconfigured into one impressive residence, offering flexibility for renovation or redevelopment.
What are the zoning and development restrictions?
The property is situated on a standard residential allotment, with potential for renovation or reconfiguration, subject to local council regulations and approvals.
Are there any known defects or issues with the property?
The property retains its original character features and is in a condition suitable for renovation; a detailed building inspection is recommended for further assessment.
What are the ongoing costs associated with the property?
Approximate half-yearly rates are $1,353.54, with water access costs around $397.27, plus any maintenance or renovation expenses.
Are there any easements, covenants, or zoning restrictions affecting the property? Is there any history of flooding or bushfire risk in this area? Are there any planned developments or construction projects nearby that could impact the property? What are the strata or body corporate arrangements, if applicable? Are there any hidden costs or upcoming maintenance requirements for the property? Has the property been inspected for structural issues or pest infestations? Are there any restrictions on reconfiguring or renovating the units? What are the terms of the current tenancy agreements and potential for rent increases? Is there any history of disputes or issues with neighbours? Are there any local council or planning regulations that could limit future development?

135 Bridge Street, North Toowoomba, Qld 4350 - More Details

$1,150,000

Positioned on a prominent corner allotment in sought-after North Toowoomba, this grand character property presents a truly rare opportunity to secure a home of scale, charm, and exceptional versatility in a highly convenient location. Showcasing timeless appeal with pressed metal ceilings, classic VJ walls, generous proportions, and a beautiful frontage along Bridge Street, the property is rich in original character and ready for its next chapter.

Currently configured as four self-contained units, each with its own kitchen, bathroom, living space, and bedrooms, the property offers immediate income potential while also opening the door for a visionary buyer to restore and transform it back into one impressive residence (subject to council approval). While each unit is separately arranged, they are all connected via a shared central hallway, with lockable access providing privacy and functionality for the current setup.

Inside, the home retains the scale and structure of its original design, with a wide central hallway, soaring ceilings, decorative features, and spacious rooms throughout, all combining to create a strong foundation for renovation or reconfiguration. Whether you’re an investor seeking multiple income streams, a renovator looking for your next standout project, or a buyer dreaming of bringing an old grand home back to life, this is an opportunity with enormous upside.

Adding even more appeal is the property’s dual street access from both Bridge and Partridge Streets, offering excellent accessibility and flexibility, along with the practicality of a carport and separate shed for storage, workspace, or additional utility.

Perfectly positioned just moments from local shops, cafés, schools, parks, and major service precincts, this is a property that offers not only charm and character, but also location and long-term value. Rarely do opportunities arise that combine grand original features, strong income potential, and the chance to create something truly special.

This is more than just a property, it’s a chance to restore, reimagine, or invest in something remarkable.

The Complex:
- Year Built:
- Four (4) bedrooms
- Four (4) bathrooms
- Electric stove tops in each kitchen
- NBN connectivity

The Block:
- Low maintenance 835 sqm.
- Situated on the corner of Bridge Street and Partridge Street
- Single carport with shed attached

The Location:
- 5 min (2.2 km) drive to Toowoomba CBD
- 20 sec (260 m) walk to Burrow Cafe
- 4 min (1.9 km) drive to North Point Shopping Centre
- 2 min (1.1 km) drive to Toowoomba State High School
- 2 min (1.5 km) drive to Toowoomba East State School
- 6 min (1.9 km) drive to Grand Central Shopping Centre
- 1 min (550 m) drive to TAFE Queensland
- 9 min (3.5 km) drive to Toowoomba Base Hospital

SCHOOLS: This Property falls within the school catchment area for Toowoomba State High School and Toowoomba East State School

GENERAL TENANCY AGREEMENT: The units in this property are currently leased under periodic tenancy agreements.
Unit 1: $235 Per Week
Unit 2: Vacant
Unit 3: $205 Per Week
Unit 4: $220 Per Week

Each unit has been rental appraised for $300 Per Week and all units are eligible to have the rent increased with 2-months written notice.

General Rates: NET $1,353.54 Half Yearly Approx.

Water Access: NET $397.27 Half Yearly Approx.

To arrange an inspection or learn more, contact Aaron Savage on 0417 037 460 or Laura Nicholls at 0407 840 725.
Type
Block Of Units
Bedrooms
4
Bathrooms
4
Parkings
1
Area
835 m²

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