748 Ruthven Street, South Toowoomba QLD 4350

Large dual-occupancy block | Tenanted income from day one | Character homes with studio | Central South Toowoomba corridor. This property offers a rare configuration for a buyer seeking immediate rental yield and future flexibility. The dual-dwelling setup, with both homes tenanted and a studio conversion, provides a strong income profile from a single holding on a generous 1,012 m² block. The character features, high ceilings and timber floors, add intrinsic appeal for future owner-occupiers or renovators, while the absence of flood or bushfire overlays simplifies financing. It best suits an investor prioritising cash flow or a buyer planning to move into one dwelling and rent the other. The main risk is the unclear legal structure across public records, which could affect lending or subdivision potential. A title search and council approval check for the secondary dwelling and studio are essential before exchange. The opportunity lies in the large block and central location, which may support future land-bank value or a granny-flat reconfiguration. Hold for steady rental income and long-term land appreciation.