Home/Properties/Cambooya/118 Magpie Drive
118 Magpie DriveDual Income Returning $840PW | All Offers Invited
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118 Magpie Drive

Cambooya, QLD 4358, Australia
Offers over
4 bed 3 bath 2 car766m²

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About this property

Contact Agent / All Offers Invited 12 / 118 Magpie Drive, Cambooya QLD 4358 4 Bedrooms | 3 Bathrooms | 2 Car Positioned in the peaceful and growing township of Cambooya, this northerly facing, well-designed duplex presents a compelling opportunity for investors seeking immediate cash flow, long-term tenancy security, and transparent purchasing. Unlike many properties on the market, this is an opportunity where everything is laid out upfront allowing investors to make informed decisions with clarity and confidence. Both residences are currently leased to house-proud, long-term tenants, delivering a combined rental return of $850 per week, offering strong holding income from day one. ________________________________________ UNIT 1 3 Bedroom | 2 Bathroom | 1 Car Spacious open-plan, air-conditioned living and dining area Functional kitchen with ample bench space and storage Air-conditioned master bedroom with walk-in robe and private ensuite Two additional bedrooms with built-in robes Main bathroom with separate bath and shower Internal laundry within garage Covered outdoor entertaining area Single lock-up garage with internal access Well-designed layout with separation between living and bedrooms Current rent: $490 per week until 21/06/2027 (recently renewed) UNIT 2 1 Bedroom | 1 Bathroom | 1 Car Private, self-contained residence with its own entry Air-conditioned open-plan living and dining area Well-appointed kitchen with practical design Generous bedroom with walk-in robe and ensuite Internal laundry Single lock-up garage Low-maintenance layout suited for consistent tenancy Current rent: $360 per week until 07/12/2026 INVESTMENT HIGHLIGHTS Dual-income stream with $850 per week combined return Long-term leases secured, reducing vacancy risk Tenants in place who are keen to stay on Low-maintenance design across both residences Ideal for investors seeking cash flow and stability Opportunity to further enhance value over time TRANSPARENCY & BUYER CONFIDENCE A recent Building & Pest report has been completed and is available to buyers who have submitted an offer. The property is being offered on an "as-is, where-is" basis, and all available information is provided upfront to ensure a smooth and informed purchasing process. LOCATION Situated within the expanding Toowoomba Region, Cambooya continues to attract tenants seeking affordability, space, and a quieter lifestyle, while still being within easy reach of Toowoomba CBD, schools, and essential amenities. WHY THIS PROPERTY STANDS OUT In a market where many listings highlight potential, this property delivers proven performance strong income, secure tenancies, and full transparency. An excellent opportunity to secure a high-performing dual-income asset with immediate returns and long-term upside. Enquire today to receive further information or submit your offer. Call Shiraz Hajee on 0432 580 581

Property Features

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    Repayment calculator

    $3,825/month
    $1,913 /fortnight
    Loan $631,200 at 6.10% over 30 years

    Price estimated from comparable nearby — edit below to use your own number

    Upfront costs

    Deposit$157,800
    Stamp duty$28,530
    Conveyancing (est.)$2,000
    Total upfront$188,330
    Verify with QLD revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    duplex
    Listing Type
    For Sale
    Bedrooms
    4
    Bathrooms
    3
    Parking
    2
    Land Area
    766m²
    Listed
    1 week ago

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