135 Bridge Street, North Toowoomba QLD 4350

Corner block four self-contained units | character home conversion | flexible income or family use | central North Toowoomba position This property is competitively positioned as a rare multi-dwelling holding on a corner site within walking distance of the CBD. The four-unit configuration with shared central hallway offers immediate rental return while preserving the option to revert to a single grand residence. For a buyer seeking either yield or future transformation, this dual-use flexibility is the structural advantage. It suits an investor wanting positive cash flow from day one, or a family prepared to undertake a restoration into a substantial character home. The main risk lies in verifying council compliance for the current internal subdivision and understanding the condition of each unit’s kitchen and bathroom fit-outs, as these directly affect tenant quality and vacancy risk. The opportunity is to hold for income while the corner block’s redevelopment potential matures, or to restore the house into a single prestige residence once approvals are secured. Buyers should treat this as a medium-term hold with optionality, not a quick flip.