Character style complex of 3 units, featuring:-
- Front covered patio (units 1 and 2)
- 2 x 1 bedroom units (both at the front)
- 1 x 2 bedroom unit (at the rear)
- Combined living / dining and kitchen space
- Separate lounge room (unit 3 only)
- Neat and tidy kitchen with gas cooktop and electric oven
- Original bathroom with shower over bath
- High ceilings, some VJ walls and timber flooring
- Communal laundry
- Single covered carport (each)
- Returning a total of $645 per week

Perfectly positioned for future growth, in the ever changing suburb of Toowoomba City, 39 Raff Street is a great prospect for future development. Located in the heart of the city and within walking distance to Toowoomba Tafe, this unit complex has been a great ‘set and forget’ investment for the current owner, but they also lend themselves to a stunning restoration … the possibilities are many.

The property is currently divided into three individual units 2 x 1 bedroom & 1 x 2 bedroom and is currently returning $645 per week. Traditionally, all of them are very popular with tenants due to the convenient city location.

Units 1 and 2 are positioned at the front of the complex and feature a front porch, 1 bedroom boasting a walk-in robe, open plan living, dining and kitchen, equipped with gas cooktop and electric oven, neat and tidy bathroom with shower over bath, vanity, toilet and built-in linen cupboard.

Unit 3, at the rear of the complex, features 2 good sized bedrooms, separate lounge room, spacious timber eat-in kitchen which is home to a gas cooktop and oven, neat and tidy bathroom with shower over bath and vanity and separate toilet for added convenience.

Externally there is a shared communal laundry, additional separate toilet, single carport for each unit plus a communal grassed area. The property is fenced on 3 sides and sits on a good sized 931m2 allotment. You can gain access from both Raff Street and Archibald Street.

The units are in an updated condition, offering plenty of potential to improve and restore and boast gorgeous character charm including high ceilings, some VJ walls and timber flooring.

Investors – the unit complex is currently returning $645 a week. Leases that are currently in place:-

- Unit 1 – rented at $220 per week until 3/03/2023
- Unit 2 – rented at $215 per week until 03/02/2023
- Unit 3 – rented at $210 per week until 25/06/2023

The property is currently zoned as residential conservation in a low-medium density residential node. Surrounded by Residential homes and Commercial business’; the position and property lends it self to be redeveloped into something beyond the humble triplex it is today.

The possibilities are endless here! For your convenience Team Elevate is available 7 days a week to arrange your private viewing.

General rates: currently $2,700.79 net per half year
Water rates: currently $349.94 net per half year plus consumption

Primary school state catchment: Toowoomba North State School
High school state catchment: Toowoomba State High School

Home Built: 1910