2 McAllister Court, East Toowoomba QLD 4350

This impressive block of units offers a great opportunity and strong business potential for the savvy purchaser capital growth and a variety of very strong rental returns.
Nestled within the prestigious suburb of East Toowoomba, 2 McAllister Court unveils a distinctive quadplex on a sprawling 1060 square metre parcel, tucked away in a tranquil cul-de-sac. This immaculate ensemble of four units, constructed with enduring brick and tile, beckons as a compelling investment opportunity with a unique income model that seamlessly blends Airbnb and traditional rental avenues.

These 4 units are freshly rent appraised now at just under $95'000 per year. This includes the separate Airbnb which is performing incredibly strongly and had a gross income for 2023, just over $22'000. As recently as March 2024 it's gross income was $3800.

Comprising a total of 9 bedrooms and 4.5 bathrooms, this property is designed for versatility, catering to the needs of a broad range of tenants. Beyond its walls, the sought-after location boasts proximity to the CBD, Toowoomba Grammar School, and St Vincent's Private Hospital, all within walking distance.

Unit 1, a single-storey residence, stands as an epitome of easy maintenance. Boasting a lock-up garage, a well-proportioned open-plan kitchen/living and dining area, and 3 built-in bedrooms surrounding a central bathroom, it effortlessly harmonizes convenience and comfort. The east-facing fenced patio and small dog-proof backyard enhance the appeal of this unit.

Unit 2 mirrors a similar configuration, with a slightly larger living area and 2 bedrooms, catering to those seeking a cozy yet spacious living arrangement.

Unit 3 is a double-storey gem, a generous courtyard, and a shaded backyard. The lower level houses a capacious living/dining room leading to a galley-style kitchen and a well-sized second bedroom. Ascending the stairs reveals a spacious, built-in master bedroom with an ensuite featuring a bathtub. Two spacious bedrooms exit out onto the covered balcony, offering sweeping views towards the city.

Unit 4 is now a highly sought after and fully contained studio apartment that is in high demand through Airbnb. The fully self-contained unit will be sold with its features which includes a television, all kitchen appliances, queen sized bed and other additions to make it homely..

All units are equipped with air conditioning, security screens for a lock-and-leave lifestyle, and easily maintained floor coverings.

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