For investors looking for a simple, low-maintenance property with immediate income and an exceptionally convenient inner-city position, 5/122A Russell Street deserves serious consideration.

Now leased at $550 per week, this ground-floor two-bedroom unit offers the opportunity to purchase with rental income already flowing from settlement, removing one of the biggest uncertainties investors face when buying a vacant property.

At $550 per week, the property generates approximately $28,600 in gross annual rent, creating a compelling return at this price point while giving investors exposure to one of Toowoomba's most convenient inner-city locations.

Positioned quietly toward the rear of a small complex of just 10 units, the property combines the benefits tenants value most - privacy, security, easy access to transport and the ability to walk into the CBD.

The complex is secured by electric gates, while the unit itself enjoys a ground-floor position away from the main road, helping create a quieter and more private living environment. Parking is available at both the front and rear of the unit, adding further practicality for tenants.

Inside, the property has recently been refreshed and presents as a neat, modern and extremely low-maintenance investment.

The renovated kitchen provides excellent storage and practical gas cooking, while fresh paint and new curtains give the home a clean, updated feel. The tiled living and dining area is easy to maintain, the main bedroom is well proportioned, and the second bedroom provides useful flexibility as a guest room, study or home office.

For investors, one of the great attractions here is how little there is to do.

The solid brick construction has proven its durability, while the broader complex has also recently undergone significant improvements including renewed roofing, guttering and exterior painting.

The result is a property that offers the combination investors are increasingly looking for - good income, manageable maintenance and a location tenants understand immediately.

Walk from the front gate and you are only a short distance from the Toowoomba CBD, shopping, cafés, parks, services and employment. A bus stop directly outside the complex further improves accessibility for tenants who prefer not to rely solely on a car.

It is this combination of location and simplicity that should continue to underpin tenant demand.

Investment highlights

- Currently leased at $550 per week
- Approximately $28,600 gross annual rental income
- Two-bedroom ground-floor unit
- Positioned toward the rear of the complex for greater privacy and quietness
- Small complex of only 10 units
- Secure electric gated access
- Solid brick construction
- Recently refreshed interior
- Updated kitchen
- Fresh paint and curtains
- Split-system air conditioning
- Flexible second bedroom or home office
- Parking available at both the front and rear
- Complex recently upgraded with renewed roofing, guttering and exterior painting
- Very short walk to Toowoomba CBD
- Bus stop directly outside
- Low-maintenance investment with tenant already in place

Whether you are adding to an established portfolio, purchasing through a self-managed super fund or looking for your first investment property, this is the kind of asset that makes sense on paper and remains easy to understand in the real world.

Income from day one. A central location. Low maintenance. And a tenant already paying $550 per week.

Investors looking for a strong inner-city Toowoomba holding are encouraged to enquire for further information.