32 Ott Street, Rangeville

This is a house on a lot in 15/RP144727 Rangeville QLD. Based on comparable properties, its value is $505,000. In the council area Toowoomba Regional, it has 5 bedrooms, 2 bathrooms.

ABOUT THE PROPERTY

Bedrooms
5
Bathrooms
2
Car spaces
2
Land size
664 m2
Building size
-
Council area
Toowoomba Regional
Year built
n/a
Lot plan
15/RP144727 Rangeville QLD
House type
House: One Storey / Lowset



HISTORY

Last sold 22/03/2019
$330,000



LISTING DESCRIPTION
as of April 2019

Massive Potential - Solid Investment Opportunity Seldom found and highly sought, this 1980's brick duplex provides an excellent scope for both property investors or owner occupies on the hunt for something with dual occupancy potential. Ready for immediate occupancy, you could choose to capitalise by renting or occupying the home immediately and make improvements later on, or renovate right away and capitalise on a very on-trend Rangeville rental market.With a current combined rental appraisal of $450 - $470 per week, each unit boasts sizeable bedrooms plus a sunroom, open plan kitchen / living / dining and a bathroom with separate toilet. Outside, both units currently share a common outdoor area, but each is provided with a garden shed for further storage options. Through some minor renovations and improvements, there is potential to increase rental yields; with our in-house Investment Support Manager suggesting rent returns north of $550 per week.Superbly positioned in the leafy green suburb of Rangeville, 32 Ott Street is centrally positioned and is within a stone's throw of the beautiful Waterbird Habitat, as well as schools - both public and private - and the always popular Southtown shopping precinct. Such a location further strengthens the argument that this is a truly superb real estate opportunity.The property needs to be sold and will be going to auction - don't miss one of the best opportunity in Rangeville's property market.