1 & 2/5 Agnes Street, Centenary Heights, Qld 4350

Offers Over $529,000 Each

Duplex Semi-detached
Type
4
Bedrooms
2
Bathrooms
2
Parkings
624 m²
Area

Published on Monday, October 26, 2026 ( See property details for 1 & 2/5 Agnes Street, Centenary Heights, Qld 4350)

Offers Over $529,000 Each

Melita Bell Licensed Real Estate Agent
Jaime Allen Sales & Marketing Specialist
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

Solid brick duplex units in Centenary Heights offering comfortable, low-maintenance living with excellent investment potential and flexible purchasing options.

🏡 Property Highlights

  • Two strata-titled units available for purchase individually or together, offering flexibility for investors or homeowners.
  • Established tenants in place with a combined rental income of $800 per week, providing immediate cash flow.
  • Prime location in Centenary Heights with easy access to parks, schools, shopping centres, and Toowoomba's CBD.
  • Low-maintenance solid brick construction with practical, spacious open-plan living areas and private outdoor spaces.
  • Current rental appraisals of $450-$475 per week per unit, with potential for increased returns.
  • Each unit features a private outdoor area—courtyard or covered entertaining space—ideal for relaxation or social gatherings.

✨ Key Features

  • Air Conditioning
  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Garage
  • Security Screens / Gates
  • Water tank
  • Electric Cooking
  • Internal Laundry
  • Pet-Friendly

Centenary Heights is a highly sought-after suburb in Toowoomba, renowned for its family-friendly environment, excellent schools, and convenient access to parks, shopping centres, and the CBD. The area offers a relaxed lifestyle with a strong community feel, making it ideal for both investors and families seeking a comfortable home. With well-maintained amenities and a peaceful cul-de-sac setting, Centenary Heights continues to attract residents looking for quality living in a vibrant neighbourhood.

What is the current rental income and lease terms for these units?
The combined rental income is $800 per week, with Unit 1 leased at $390 per week until 15 May 2027, and Unit 2 leased at $410 per week until 20 June 2027.
Are there any potential for rental increase or future value growth?
Yes, current rental appraisals suggest potential for increased rental returns, with scope to increase rents subject to tenancy agreements and market conditions.
What are the ongoing costs associated with owning these units?
Approximate rates are $1,410.35 gross per half year per unit, and water rates are approximately $423.05 gross per half year per unit.
Are the units suitable for owner-occupiers or only investors?
The units are suitable for both, offering comfortable living spaces for owners and immediate rental income for investors.
What are the features of the outdoor areas for each unit?
Unit 1 features a private courtyard surrounded by established greenery, while Unit 2 offers a generous covered entertaining area.
Are there any upcoming or planned developments in the area that could affect the property's value or living environment? Are there any restrictions, easements, or zoning considerations that could impact future renovations or extensions? Have the units been inspected for any structural issues or required repairs, especially given their age and construction type? Are there any strata or body corporate fees, and what do they cover? Is there any history of flooding or bushfire risk in the area that could affect insurance or safety? Are there any planned changes to local infrastructure or services that could influence property value? What are the terms of the current tenancy agreements, and are there any restrictions on future rent increases or lease renewals? Are there any additional costs or fees not disclosed in the rates or water charges? Is there any ongoing maintenance or repairs needed for the units or outdoor areas? Are there any noise or neighbour-related issues that could impact living comfort or rental desirability?

1 & 2/5 Agnes Street, Centenary Heights, Qld 4350 - More Details

Offers Over $529,000 Each

INSPECTIONS BY APPOINTMENT ONLY - As both units are currently tenanted, a minimum of 48 hours' notice is required to arrange an inspection.

Welcome to 1 & 2/5 Agnes Street, Centenary Heights, where a fantastic opportunity awaits! Whether you're looking to take your first step into property investment, grow your existing portfolio or secure a home now to move into down the track, these two strata-titled units offer the flexibility to make it happen. With the option to purchase one or both, established tenants already in place and a convenient location you'll love, this is an opportunity well worth exploring!

Tucked away in a quiet cul-de-sac, these solid brick units offer comfortable, low-maintenance living with practical floorplans, generous living spaces and private outdoor areas. Each unit has its own welcoming feel, making them an appealing choice for investors and future homeowners alike.

Step inside and you'll find spacious open plan living and dining areas, complete with air conditioning for year-round comfort. With plenty of room to relax, enjoy family time or entertain friends, these inviting spaces make everyday living easy.

The kitchens are practical and well-appointed, featuring electric cooking, generous bench space and plenty of cupboard storage. Conveniently positioned alongside the living and dining areas, everything is within easy reach, whether you're preparing a quick breakfast or enjoying a meal at home.

Both units feature two good-sized bedrooms, each complete with built-in wardrobes, providing comfortable spaces to rest and unwind. The bathrooms include a shower, vanity and toilet, while separate internal laundries add further convenience to everyday living.

Outside, each unit enjoys its own private outdoor space, offering somewhere to sit back, relax and enjoy a little fresh air. Unit 1 features a lovely courtyard surrounded by established greenery, perfect for a morning coffee or a quiet afternoon outdoors. Unit 2 offers a generous covered entertaining area, ideal for weekend barbecues, outdoor dining or simply spending time with family and friends.

Adding to the appeal, each unit includes a single lock-up garage, providing secure parking and additional convenience. With easy-care outdoor areas and comfortable interiors, both properties offer a relaxed lifestyle without the demands of maintaining a larger home.

And the location is another reason to love this opportunity! Positioned in the popular suburb of Centenary Heights, you'll enjoy easy access to beautiful local parks, schools, shopping and everyday conveniences. Gabbinbar State School, Centenary Heights State High School, High Street Plaza and Southtown Shopping Centre are all within easy reach, while Toowoomba's CBD is just a short drive away. It's a fantastic location that makes everyday living convenient and enjoyable.

For investors, the opportunity is equally appealing! Both units are currently tenanted, providing a combined rental income of $800 per week, with fixed-term leases in place until May and June 2027. Current rental appraisals of $450-$475 per week for each unit also highlight the potential for increased rental returns in the future, subject to existing leases and applicable tenancy requirements.

Investment Details
Unit 1
- Currently rented at $390 per week
- Lease: 16 May 2026 - 15 May 2027
- Last rent increase: 16 May 2026

Unit 2
- Currently rented at $410 per week
- Lease: 21 June 2026 - 20 June 2027
- Last rent increase: 21 June 2026

Additional Investment Information:
- Combined current rental income: $800 per week
- Rental appraisal: $450-$475 per week, per unit
- Two strata-titled units available to purchase individually or together

Whether you're looking for an investment that starts working for you from day one or a property to call home in the future, 1 & 2/5 Agnes Street offers a wonderful combination of comfort, convenience and opportunity. Buy one or buy both, and enjoy the freedom to make your next property move work for you!

Contact The Melita Bell Team today to find out more!

General rates: approx. $1,410.35 gross per half year - per unit
Water rates: approx. $423.05 gross per half year - per unit

Primary school state catchment: Gabbinbar State School
High school state catchment: Centenary Heights State High School

Advertising Disclaimer: We have used our best endeavours to ensure the information provided is true and accurate. However, we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Photo Disclaimer: Some images have been digitally altered to remove the tenants' personal belongings for privacy purposes. These alterations are for presentation purposes only and are not intended to misrepresent the property. The property should be inspected in person to confirm its layout, dimensions, finishes, condition and inclusions. Prospective purchasers should rely on their own inspections and enquiries.
Type
Duplex Semi-detached
Bedrooms
4
Bathrooms
2
Parkings
2
Area
624 m²

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School catchments

Government school zones this property is inside, from the outlines we hold. A zone can change, and being in a zone is not a guarantee of a place, so check with the school or the education department.

Other schools nearby

Schools within about 5 km that have no enrolment zone, such as Catholic, independent, special and selective schools.

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