205 North Street, Rockville, QLD, 4350

Opposite a Private Hospital. High-Performing ENTIRE QUADPLEX with Strong Short-Stay Returns.

Block Of Units
Type
5
Bedrooms
4
Bathrooms
4
Parkings

Published on Wednesday, April 08, 2026 ( See property details for 205 North Street, Rockville, QLD, 4350)

Offers Over $1.4m

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

A versatile quadruplex investment opportunity directly opposite South-East Queensland's largest hospital, offering strong income potential and recent updates in a prime location.

🏡 Property Highlights

  • Entire Quadplex located directly opposite the main entrance to South-East Queensland's largest hospital for Heart and Cancer treatment.
  • Currently generating a strong gross rental income of $78,000 per annum with short-term, owner-managed arrangements.
  • Set on a 594 sqm allotment with flourishing gardens and recent thoughtful updates inside and out.
  • Flexible unit configurations including a spacious 1-bedroom, studio apartments, and a 1-bedroom with extra sleeping area, all with modern amenities.
  • No body corporate fees, with low ongoing outgoings including general rates and water charges.
  • Prime location close to major shopping centres, schools, upcoming hospital precinct, and regional infrastructure projects.

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Garage / Secure Parking
  • Waterfront / Views
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Security Screens / Gates
  • Ceiling Fans

Rockville is a vibrant suburb renowned for its proximity to major healthcare facilities, including the largest hospital in South-East Queensland. It offers excellent connectivity to shopping centres, schools, and upcoming regional infrastructure projects. The area benefits from significant regional growth, with ongoing upgrades such as the new hospital precinct and improved transport links. Its strategic location makes it ideal for both investors seeking high rental yields and owner-occupiers looking for convenience and growth potential. The community is supported by a strong regional economy, abundant resources, and a welcoming environment for families and professionals alike.

What is the current rental income and potential for future growth?
The property currently generates $78,000 annually from short-term rentals, with potential for increased income through long-term leasing or further updates.
Are there any body corporate fees or additional costs?
There are no body corporate fees; ongoing costs include general rates, water charges, and insurance, which are specific to your management plan.
What updates have been made recently to the property?
Recent updates include thoughtful interior and exterior improvements, including indoor shutters and modernised kitchens and bathrooms.
Is the property suitable for owner-occupiers or only investors?
The property is ideal for both investors seeking high income and owner-occupiers interested in a versatile, well-maintained complex in a prime location.
What are the zoning and planning considerations for this property?
The property is zoned under Toowoomba Regional Council regulations; specific planning details should be verified with local authorities.
Are there any upcoming planning or development proposals in the area that could affect the property's value or use? What are the long-term maintenance costs and responsibilities for the entire quadplex? Are there any easements, covenants, or restrictions on the property that could impact future modifications or use? Has the property been inspected for structural issues, pests, or other defects? What are the zoning regulations and potential for future subdivision or development on the allotment?

205 North Street, Rockville, QLD, 4350 - More Details

Opposite a Private Hospital. High-Performing ENTIRE QUADPLEX with Strong Short-Stay Returns.

SELLING WITH INCOME, Jacqui Walker invites Investors, Short-Stay Entrepreneurs and Owner-Occupiers with an appetite for extra income to purchase this this WHOLE BLOCK OF FOUR UNITS literally ACROSS THE ROAD from MAIN ENTRANCE to St Andrew's Hospital. ' YOU READ RIGHT !! ' says Jacqui ' That's an entire Quadplex opposite the main entrance to a Private Hospital !! ' ' BETTER STILL, this Quadplex is presented to the Market in ship-shape condition with many recent, thoughtful updates inside-and-out. ' ASSET QUICK GLANCE: - Set on a 594 Sq Mtr Allotment, facing south-to-street - Set at the main entrance of the largest hospital in South-East Queensland for Heart and Cancer treatment - Whole Block of FOUR UNITS - Flourishing gardens outside, ship-shape presentation everywhere, and thoughtful recent updates inside and out CURRENT INCOME: - Currently let on SHORT-TERM arrangements, and Owner-Managed - Unit 1: $380 per week - Unit 2: $350 per week - Unit 3: $350 per week - Unit 4: $420 per week ::: That's a total of $78,000.00 per annum ::: Equates to 5.57% p.a. gross rent yield based on 'Offers Over' price OUTGOINGS: - Body Corp: none, nada, nil ... selling as a whole complex - Recent General Rates and Charges: $3,213.95 net half-year - Water Infrastructure Charge: Generally $377.41 net per half-year + consumption - Building insurance, garden upkeep, maintenance costs are specific to your own plan / requirements DEEP-DIVE: - Beautiful value-adding indoor SHUTTERS across each Unit - Unit contents may be included by negotiation - Bedrooms: ::: Unit 1: 1 bedroom with built-in robe ::: Units 2 and 3: studio-apartment setup ::: Unit 4: 1 bedroom with built-in robe AND a designated extra sleeping area - Bathrooms / Laundry: ::: Unit 1: bathroom with shower, vanity; PRIVATE toilet; ALSO laundry area with handy cupboard ::: Units 2 and 3: each with shower, toilet, vanity; shared laundry for Units 2 and 3 ::: Unit 4: shower, vanity, toilet and laundry together - Car Accommodation: ::: Unit 1: built-in CARPORT with exclusive-use driveway to west-side of this Unit ::: Units 2 and 3: open car space each at front door, accessible via shared driveway ::: Unit 4: built-in CARPORT to east-side of this Unit, accessible via shared driveway - Kitchens: ::: Unit 1: spacious kitchen ::: Units 2 and 3: functional kitchenette each ::: Unit 4: separate kitchen - Living/Dining: ::: Unit 1: spacious air-conditioned lounge and dining room ::: Units 2 and 3: living / dining area ::: Unit 4: lounge room; separate dining room - Outdoor Zones: ::: Unit 1: porch overlooks beautiful front yard; ALSO courtyard with clothesline and seating area ::: Units 2 and 3: share a COVERED blissful outdoor sanctuary ::: Unit 4: front porch; ALSO attractive private courtyard - Handy 2m x 1.8m linen/storage room WHAT'S NEARBY? - Wow! The PRIVATE St. Andrew's Hospital ACROSS THE ROAD ::: That's the largest hospital in SE Qld for Heart and Cancer treatment ::: This property is OPPOSITE the MAIN ENTRANCE - 1.1km to sprawling Wilsonton Shopping Centre - 1.1km to Wilsonton High School - 1.2km to Rockville Primary School - 1.6km to upcoming major PUBLIC Hospital ::: This important new health precinct is under construction, set on a 75-hectare tree lined site TOOWOOMBA ECONOMIC SNAPSHOT: - Toowoomba region population approx. 186,276 as at 30 June, 2025 - Toowoomba had a gross regional product of $15.14 billion in the financial year ending June 2024 - Toowoomba will shine globally at the Brisbane 2032 Olympic and Paralympic Games, with the Equestrian Facilities within the Toowoomba Showgrounds soon to undergo a major transformation ahead - Toowoomba is the gateway to the west ::: Abundant gas and oil resources ::: Significant rural wealth - Inland city showing huge growth ::: $1.3 billion dollar upgrades on the way for New Toowoomba Hospital in Cranley ::: $215 million New Toowoomba Region Sports Precinct in Charlton as part of Council's Sports Precinct Master Plan ::: $1.6 billion Second Range Crossing completed 2019 ::: Airport Industrial Park ::: Regional Data Centre ::: 2017 completion of modern local Airport with International Freight Handling ::: 2017 completion of major inner-city QIC Grand Central Shopping Centre upgrade, $500m - 80 mins drive to Brisbane, flights available - Under 2 hours drive to Gold Coast OPPOSITE a highly-regarded Private Hospital, this high-performing ENTIRE QUADPLEX offers strong short-stay returns, and it should be seen by appointment quickly. DAY AND NIGHT, The Jacqui Walker Team is always available for your text message, online inquiry or phone call. PLAN PRIVATE PERUSAL PROMPTLY! ***HANDY DETAILS compliments of The Jacqui Walker Team: - Furniture and contents are not included, however may be available by negotiation - Internet: Connectivity to the NBN via fibre-to-the-node infrastructure, FTTN, on a corresponding internet plan - Real Property Description: Lot 12 on Registered Plan 76947 - Local Government Area: Toowoomba Regional Council - State School Zone: Rockville Primary, P-6; Wilsonton High, 7-12 - Disclaimer: All care taken, however you are encouraged to independently verify all photography, figures, measurements and indications.
Type
Block Of Units
Bedrooms
5
Bathrooms
4
Parkings
4

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