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3 Rens Street, Toowoomba City, Qld 4350 For Sale

3 Rens Street, Toowoomba City, Qld 4350

$2,900,000

Block Of Units
Type
14
Bedrooms
4
Bathrooms
12
Parkings
800 m²
Area

Published on Thursday, October 15, 2026 ( See property details for 3 Rens Street, Toowoomba City, Qld 4350)

$2,900,000

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

A fully equipped, secure, and income-generating residential asset with 14 private bedrooms, ideal for developers or accommodation operators seeking a proven rental profile in Toowoomba.

🏡 Property Highlights

  • Established income-producing asset with strong annual returns
  • Fully furnished private bedrooms with individual amenities
  • Secure property with electric entry gate and 24-hour CCTV
  • Solar system installed for energy efficiency
  • Ample communal facilities including kitchens, courtyards, and laundry
  • 12 designated car parks supporting resident convenience

✨ Key Features

  • Balcony
  • Security Screens / Gates
  • Fly Screens
  • Solar Panels
  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Water tank
  • Fully fenced
  • Garage / Secure Parking

Toowoomba offers a vibrant community with strong demand for rental accommodation, excellent transport links, and a growing development scene. The suburb features convenient amenities, parks, and a welcoming environment, making it an ideal location for investment. Its established infrastructure supports consistent occupancy and income, appealing to both developers and operators seeking long-term growth opportunities.

What is the current occupancy rate and rental income of the property?
The property has a gross income of approximately $209,000 per annum with a net income of around $153,000 per annum, indicating a high occupancy rate supported by established rental profiles.
Are there any existing management or operational arrangements in place?
The property is fully operational with communal facilities, security systems, and energy-efficient features, making it suitable for immediate management or further development.
What are the zoning and planning restrictions for this property?
The property is situated in a zone that supports residential accommodation and development, with existing infrastructure suitable for expansion or redevelopment subject to council approvals.
Are there any known issues or defects with the property?
Based on available information, the property is well-maintained with no known defects; however, a thorough inspection is recommended.
What are the nearby amenities and transport options?
Located in Toowoomba City, the property benefits from proximity to local shops, public transport, parks, and community facilities, enhancing resident convenience.
Are there any outstanding council or body corporate fees associated with the property? Is there any planned or upcoming development in the vicinity that could impact the property’s value or operation? Are there any easements, zoning restrictions, or covenants affecting the property’s use or future development? Has the property been tested for flood or bushfire risks in the area? Are there any hidden costs related to maintenance, upgrades, or compliance requirements for the existing infrastructure?

3 Rens Street, Toowoomba City, Qld 4350 - More Details

$2,900,000

Presenting an outstanding opportunity for developers and accommodation operators seeking an established, income-producing asset with substantial capacity and a proven rental profile.

This property is fully accredited as a Level 1 Residential Service with the Department of Housing and Public Works. Comprising fourteen (14) private bedrooms and extensive communal facilities, the property is configured to support efficient operation while offering residents comfort, privacy and security.

Each bedroom is designed for quiet, practical living and comes fully furnished plus its own fridge, wardrobe, ceiling fan and security screens. Residents share four (4) well-maintained bathrooms and two (2) toilets, along with a fully equipped communal kitchen featuring crockery, cutlery, cookware, two (2) microwaves, two (2) kettles, a toaster and generous storage.

Two (2) courtyards provide relaxed outdoor spaces for residents to socialise or unwind, while the on-site laundry, secure bicycle storage shed and twelve (12) designated car parks add further convenience. An electric entry gate and 24-hour CCTV monitoring provide an additional level of security across the property and car park.

Features include:
- 14 private single bedrooms (furnished)
- Fridge, built-in wardrobe, ceiling fan and security screens in each room
- Four shared bathrooms and two toilets
- Fully equipped communal kitchen
- Two resident courtyards
- On-site laundry facilities
- Secure bicycle storage shed
- 12 designated resident car parks
- Electric entry gate
- 24-hour CCTV monitoring
- 23kW solar system installed
- Gross income of approximately $209,000 per annum (7.20% Per Annum)
- Holding net income of approximately $153,000 per annum (5.27% Per Annum)

With strong annual income, an established accommodation layout and infrastructure already in place, this is a compelling opportunity for an operator looking to expand their portfolio or a developer seeking a well-positioned income-producing asset. Enquire today to obtain further information and arrange an inspection.

To arrange an inspection or learn more, please call Leon Carlile on 0418 795 484.
Type
Block Of Units
Bedrooms
14
Bathrooms
4
Parkings
12
Area
800 m²

Map & nearby places — 3 Rens Street, Toowoomba City, Qld 4350

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