5/1 Delacey Street
North Toowoomba, QLD 4350

Overview

5/1 Delacey Street North Toowoomba QLD 4350

Welcome to Unit 5 at 1 Delacey Street in North Toowoomba, an updated one-bedroom unit offering excellent affordability, modern interiors, and strong investment appeal in a steadily gentrifying area just 1.6 kilometers from the CBD.

This property is ideal for investors and owner-occupiers alike. The current lease runs until October 2026, with a weekly rental income of $375 and a recent rent increase in April 2026. Market conditions suggest a rental value of approximately $400 per week, representing a gross rental yield of 4.10% per annum based on the asking price.

Inside, the unit features a light-filled open-plan living and dining area equipped with a ceiling fan, creating a comfortable and inviting space. The kitchen is well-appointed with ample cupboard space, a microwave recess, fridge recess, an easy-clean cooktop, an oven positioned at bench height for convenience, and pantry storage opposite the cooking area.

The bedroom is accessible from the lounge room and includes a built-in robe and ceiling fan. It also benefits from access to a two-way bathroom, providing an ensuite-like experience. The bathroom is also accessible from the updated laundry room, which is bright and includes a workbench with an integrated sink, space for under-bench appliances, and a storage cupboard. Flooring throughout the unit combines tiled wet areas with carpeted living spaces, enhancing comfort and practicality. The unit's internal size is approximately 48 square meters.

Outside, the unit boasts a private elevated balcony accessed via a flight of stairs. The balcony faces northwest and measures approximately 5.5 meters by 1.2 meters, offering a peaceful outlook over the gardens of the unit complex. Security screens are installed throughout the unit for added peace of mind.

A detached single garage with remote-controlled automatic door access provides secure parking. The property is situated within a unit complex in North Toowoomba, an area undergoing steady gentrification and located just 1.6 kilometers from the central business district.

Toowoomba is a growing regional city with a population of approximately 186,276 as of June 2025 and a gross regional product of $15.14 billion for the financial year ending June 2024. The city is set to gain international attention as a venue for the Brisbane 2032 Olympic and Paralympic Games, with significant infrastructure upgrades underway, including a new hospital, sports precinct, and transport projects. It is conveniently located within 80 minutes' drive to Brisbane and under two hours to the Gold Coast, with an international airport and freight facilities.

This updated one-bedroom unit offers a combination of affordability, updated interiors, and investment potential in a location close to the CBD that is experiencing positive change. It is a property that deserves prompt attention.

Additional useful information includes a northwest-facing balcony aspect, connectivity to the National Broadband Network via fibre-to-the-premises infrastructure, recent general rates and charges of approximately $1,291.57 per half-year, and water infrastructure charges around $377.41 per half-year plus consumption. The property falls under the Toowoomba Regional Council local government area and is described as Lot 5 on BUP3782. It is located within the Harlaxton State School zone for primary education and Toowoomba State High School zone for secondary education. Body corporate fees cover administration, outdoor maintenance, external building insurance, and a sinking fund for major upkeep. Note that some images have been digitally enhanced for presentation purposes. Prospective buyers are encouraged to independently verify all details.

Location