1 & 2/10A Holberton Street, Rockville, Qld 4350 - More Details
Offers To Purchase
A Duplex Holding with many potential upside options in prime position to benefit from the future opening of the new Toowoomba Hospital Precinct in 2029.
A property combining two established incomes, one freehold title, approximately 797m² of land and walking access to a major developing health precinct represent a rare opportunity in the Toowoomba investment market.
The opportunity is to secure the income that exists today, then allow future rental review, selective improvement and the continuing establishment of the hospital precinct to strengthen the property's long-term usefulness.
10A Holberton Street presents investors with the opportunity to secure a purpose-built brick duplex within walking distance of the developing New Toowoomba Hospital and Baillie Henderson health and knowledge precinct.
Rather than relying on the performance of a single tenancy, the property provides two self-contained residences and two existing income streams under one ownership, without the complexity of purchasing separate units or managing a body corporate.
The duplex currently returns a combined $775 per week, equivalent to $40,300 in gross annual income, with both residences secured with high-quality tenants on fixed-term leases extending into February and March 2027.
Current rental appraisals indicate a future combined rental potential of up to $900 per week following the existing lease periods and subject to market conditions and Queensland rental requirements.
TWO SELF-CONTAINED RESIDENCES
Unit 1 provides two bedrooms, built-in storage, an open kitchen and living area, bathroom, separate toilet, internal laundry and individual carport. It comprises approximately 56m² of internal living and approximately 72m² in total, including the carport.
The larger Unit 2 provides two bedrooms plus a separate office, built-in storage, an open kitchen, living and dining area, bathroom, separate toilet, internal laundry and individual carport. It comprises approximately 69m² internally and approximately 85m² in total, including the carport.
Together, the duplex offers approximately 125m² of internal accommodation and approximately 157m² in total, including both carports.
INCOME TODAY. LOCATION FOR TOMORROW.
The property is positioned within walking distance of the Baillie Henderson campus, where the first phase of the New Toowoomba Hospital remains on track to open to patients in 2029.
The broader campus is planned as an integrated health and knowledge precinct bringing together hospital, mental-health, diagnostic, education, training and supporting services.
For an investor, the significance lies not in predicting future growth, but in securing an established dual-income property near major funded infrastructure before the precinct becomes fully established.
PROPERTY FEATURES
• Complete purpose-built brick duplex on one title
• Approximately 797m² freehold allotment
• Two separately occupied, self-contained residences
• Two existing income streams
• Combined contracted rent of $775 per week
. Two established quality tenants on leases into early 2027
• Gross contracted annual income of $40,300
• Fixed-term leases extending into February and March 2027
• Potential combined rental appraisal of up to $900 per week following the existing leases
• Unit 1: two bedrooms and approximately 56m² internally
• Unit 2: two bedrooms plus office and approximately 69m² internally
• Approximately 125m² of combined internal accommodation
• Approximately 157m² in total, including both carports
• Kitchen and living area within each residence
• Bathroom, separate toilet and internal laundry in each unit
• Built-in bedroom storage
• Individual single carports
• Usable outdoor space across the larger landholding
. Current land rates $2266.91 per half year
• Convenient access to the Toowoomba Bypass for easier travel to Brisbane
• Walking distance to the New Toowoomba Hospital precinct
• Practical potential for selective future improvement and rental optimisation
Offers By Negotiation.
To obtain more property, lease and rental-information, or to arrange your inspection, call or text Greg Watson on 0407 122 398.
- Type
- Unit
- Bedrooms
- 4
- Bathrooms
- 2
- Parkings
- 2
- Area
- 797 m²
