7/21 Gipps Street
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About this property
Positioned within a boutique complex of just seven residences and tucked away privately at the rear, this well-maintained unit presents an outstanding opportunity for investors seeking a low-maintenance asset in a consistently high-demand location. With the University of Southern Queensland, public transport, schools, shopping facilities and parkland all within easy reach, this is a property perfectly positioned to attract long-term tenants and deliver reliable returns. Currently leased at $370per week until 30 June 2027, this is an ideal set-and-forget investment offering immediate income and future growth potential in one of Toowoomba's most sought-after rental corridors. Whether you're looking to expand your portfolio, secure your first investment property or acquire a dependable asset in a blue-chip rental location, this property offers the perfect combination of affordability, convenience and strong tenant appeal. Property features include: - Two good sized bedrooms, both with built-in wardrobes - Spacious open-plan living and dining area - Kitchen with gas cooktop and ample cupboard space - Bathroom featuring shower over bath, vanity and toilet - Internal laundry with additional storage options - Security screens throughout for added peace of mind - Single remote lock-up garage with internal access - Private, fully fenced rear courtyard with minimal upkeep required - Quiet position at the rear of a boutique complex of just seven units - Excellent proximity to USQ, schools, shopping centres and parkland - Convenient access to transport with a direct route to the CBD - Combined body corporate fees of $730.05 net per quarter - Currently tenanted at $370per week until 30 June 2027
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 1
- Parking
- 1
- Listed
- 3 weeks ago
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Neighbourhood
Living in Drayton
This 2-bedroom apartment in Drayton, QLD 4350 sits within reach of public transport, and nearby schools. It is listed 35% below the $769,000 median of 54 comparable apartmentswithin 5 km.
Schools near Drayton
- Drayton State Schoolprimary · Prep-6 · CoEd
What's nearby
- Baker St at Platz Street, Darling Heights (bus) — 1.0 km away
- Ernest Peak Park — 444 m away
- Lynch Street Park — 1.2 km away
- Atherton Memorial Park — 1.4 km away
Drayton at a glance
Full suburb profile- Population
- 1,813
- Median age
- 36
- Household income
- $1,362/wk
- Median rent
- $290/wk
- Median mortgage
- $1,400/mo
Source: ABS Census.
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