5 Krause Street, East Toowoomba, Qld 4350

$917,500

House
Type
4
Bedrooms
2
Bathrooms
2
Parkings

Last updated on Thursday, August 20, 2026 ( See property details for 5 Krause Street, East Toowoomba, Qld 4350)

$917,500

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

A rare dual residence property in East Toowoomba offering versatile living options, strong income, and exceptional future growth potential.

🏡 Property Highlights

  • Rare dual residence property in a peaceful cul-de-sac setting
  • Immediate income with a combined rental return of $800 per week
  • Two well-maintained, largely original two-bedroom residences
  • Outstanding long-term potential on a 701m2 land parcel
  • Excellent location close to parks, schools, shopping, and CBD
  • Versatile investment options: live-in, rent-out, renovate, or hold for future growth

✨ Key Features

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

East Toowoomba is a highly sought-after suburb known for its peaceful cul-de-sac streets, lush greenery, and proximity to parks, walking trails, and top schools. Residents enjoy easy access to shopping centres, the CBD, and recreational facilities, making it ideal for families and investors alike. The area offers a tranquil lifestyle combined with strong long-term growth prospects, supported by its limited land supply and high demand. This neighbourhood is perfect for those seeking a premium address with enduring value.

What is the layout and size of each residence?
Each residence is a two-bedroom unit, well-maintained, with its own bathroom and carport, offering comfortable and functional living spaces.
Can I live in one residence and rent out the other?
Yes, the property is ideal for dual living arrangements, allowing you to occupy one residence while generating rental income from the other.
What are the potential renovation or upgrade opportunities?
Both residences are largely original, providing an excellent opportunity to renovate and add value, tailored to your preferences.
Is there scope for future development or subdivision?
The property is on a 701m2 parcel, offering potential for future development or subdivision, subject to council approval.
What amenities and services are nearby?
The property is close to parks, walking trails, The Range Shopping Centre, Woolworths, prestigious private schools, Queens Park, and the Toowoomba CBD.
Are there any zoning restrictions or easements affecting the property? Have there been any recent renovations or repairs, and are there any outstanding maintenance issues? Are there any planned developments or construction projects in the vicinity that could impact the property? What are the total ongoing costs, including rates, water, and strata or body corporate fees if applicable? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any restrictions on future modifications or extensions to the residences? What is the current condition of the roofs, plumbing, and electrical systems? Are there any existing warranties or guarantees on the property or appliances? Is the property compliant with all local council and building regulations? Are there any nearby noise sources or other factors that could affect living comfort or rental income?

5 Krause Street, East Toowoomba, Qld 4350 - More Details

$917,500

Tucked away in a peaceful cul-de-sac, this is the kind of property that rarely comes to market. From the moment you arrive, there is an unmistakable sense of tranquillity, privacy, and enduring value, set within East Toowoomba's tightly held market.

Surrounded by established greenery and a peaceful neighbourhood atmosphere, the lifestyle on offer is exceptional. Enjoy easy access to nearby parks and walking trails, The Range Shopping Centre with Woolworths, prestigious private schools, Queens Park, and the Toowoomba CBD, all just moments from your doorstep.

More than just a duplex, this is a substantial east side holding offering versatility, immediate income, and outstanding long term potential.

The property comprises two two-bedroom residences, each complete with its own bathroom and carport with covered entry. Both residences have been exceptionally maintained in largely original condition, providing the perfect opportunity to move straight in, continue enjoying reliable returns, renovate to add value, or simply secure a premium parcel of 701m2 land in an increasingly scarce location.

Imagine occupying one residence and embracing the relaxed East Toowoomba lifestyle, morning coffee in the garden, peaceful walks through nearby parklands, and the convenience of living close to some of the region's most respected schools and amenities, while the second residence works for you with a steady rental income.

For the astute investor, the opportunity is equally compelling. Returning a combined rental income of $800 per week, with a long term tenant already established in Unit 1, the property delivers immediate cash flow with exceptional flexibility for the future.

Hold both residences as a premium dual income investment. Live in one and lease the other. Renovate and unlock additional value. Or simply secure a blue chip address where land supply is finite and demand continues to grow.

Properties of this calibre are not purchased merely for today, they are secured for the future. With its rare combination of location, flexibility, income, and potential, 1 & 2/5 Krause Court represents an opportunity that discerning buyers will recognize as increasingly difficult to replace.

An address to secure today, and appreciate for decades to come.

Rates approximately $2,409.71 per half year before discount.
Water access rates approximately $397.27 per half year before discount.

Disclaimer:
Advertising Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but 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.
Type
House
Bedrooms
4
Bathrooms
2
Parkings
2

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