2/8A Derwak Street, Harristown, Qld 4350

If you’re a first home buyer, downsizer, or retiree looking for a fantastic home in an unbeatable location, this half-duplex is a must-see! Positioned in a quiet street and being the rear unit, this property offers incredible convenience without the hassle of body corporate fees—just a shared insurance policy, keeping more money in your pocket.

Recently updated, this home has been a reliable investment for the current owner, but now it’s ready for a new owners to love and enjoy this home. Whether you're looking to move in or add to your portfolio, the value on offer here is outstanding.

PROPERTY HIGHLIGHTS:
[:] Spacious Bedrooms – Three well-sized bedrooms, each fitted with built-in wardrobes, brand-new carpets, and new window furnishings.
[:] Modern Updates – Fully repainted in 2025, with new tapware and upgraded toilet systems.
[:] Excellent open plan kitchen, living and dining - bathed in gorgeous natural light thanks to large windows to the north and east.
[:] Outdoor Retreat – east-facing private alfresco, offering a great space with minimal yard work required.
[:] Secured, double car garage with gated access into the complex for added security.
[:] Affordable Alternative to Lifestyle Villages – Downsizers could save over $150,000 compared to moving into a retirement community.

UNBEATABLE LOCATION:
[:] Shop with ease – A short drive to Westridge Shopping Village (1.3km) and The Tower Village (650m)
[:] Dining & Entertainment – The Southern Hotel (2.4lm), The Intersection (1.6km), and The City Golf Club (1.2km) are all within easy reach.
[:] Healthcare & CBD Access – Quick commute to Toowoomba Base Hospital (2km) and the city centre (2.8km).
[:] Great Schooling Options – Highlands Christian College (P-12, 3.8km), St Anthony's Primary School (P-6, 1.2km) and Concordia Lutheran College (P-12, 1.5km)

INVESTMENT SNAPSHOT:
[:] Rental Estimate – Expected return of $530-$550 per week.
[:] Council Rates – $1,155.18 net per half-year.
[:] Water Rates – Access charge of $335.75 net per half-year (plus usage).
[:] Management Fees – Estimated at $2,625.48 per year (based on $540 weekly rent).
[:] Next Rent Review – Eligible for an increase from 21 July 2025, in line with QLD’s annual rental increase regulations.
[:] Compliant & Ready – Meets current smoke alarm legislation and minimum housing standards.

SUBURB & MARKET INSIGHTS:
[:] Harristown Growth – property prices have seen a 98.4% change in median values over the last five years, with a 18% change in the past year alone (Source: RP Data, March 2025).
[:] Tight Rental Market – Toowoomba’s vacancy rate sits at just 0.5%, among the lowest in Queensland, with rates not exceeding 1% since May 2020.
[:] Major Infrastructure Investment – The $1.3 billion State Hospital project is underway and set for completion in 2027/28.
[:] Government-Funded Upgrades – $1.1 billion in infrastructure projects, including the $273.1 million Toowoomba to Warwick water pipeline.

Briq Property is proud to present 2/8A Derwak Street, Harristown to the market. To schedule an inspection, contact Luke on 0413 400 567 or join us at the next open house.

Disclaimer: Every effort has been made to ensure the accuracy of this information. Briq Property does not guarantee its correctness and encourages prospective buyers to conduct their own due diligence.