- Character-rich cottage with polished timber floors and VJ walls
- Two spacious bedrooms, plus a flexible office/ walk-in robe off the main
- Updated eat-in kitchen with wall oven/ grill, electric cooktop and great storage
- Separate open plan living/dining room
- Two-way bathroom with shower-over-bath, toilet and vanity
- Recently replaced roof for peace of mind
- External laundry, rainwater tank and single carport
- Fully fenced backyard with room to extend, build a shed or entertain
- 516m² block in quiet residential street with great local amenity
- Currently rented at $420/week until 27 November 2025 - tenants vacating at end of lease
- Rent appraised at $440 per week
- Walking distance to Northpoint Shopping Centre, parks, schools and CBD
Tucked away in a quiet North Toowoomba street, 3 McWaters Street is a charming character home with serious potential. Whether you're looking for your next renovation project, a home to expand and make your own, or a proven investment in a prime location - this cottage ticks the boxes.
Behind its cottage façade lies a floorplan that offers more than meets the eye. Polished timber floors and VJ walls run throughout, lending warmth and character to the home, while a newly installed roof gives you peace of mind and a solid starting point for future updates.
There are two well-proportioned bedrooms, including a main bedroom with a surprise bonus - a versatile adjoining room that could serve as a walk-in robe, home office or nursery. This leads into the neat two-way bathroom, complete with shower over bath, vanity and toilet.
The eat-in kitchen has been updated for modern functionality, with a wall oven/grill, electric cooktop, two-bowl sink and excellent cupboard and bench space. It's ideally located beside a dedicated dining room, and there's obvious scope to reconfigure into an open-plan design, or even expand toward the backyard.
Outside, you'll find a spacious fully fenced yard offering a blank canvas for future improvements. Add a deck, build an extension, create a private entertaining space or simply enjoy the wide-open space - the choice is yours. A single carport, external laundry, rainwater tank and plenty of yard access complete the offering.
The current tenants are set to vacate at the end of the lease, giving you the flexibility to move in, renovate, or re-lease. For investors, our property management team has recently appraised the home at $440 per week, subject to market conditions - offering a potential uplift in future rental income.
Situated just minutes to Northpoint Shopping Centre, parklands, schools, cafes, and the city centre, this location blends quiet suburban living with everyday convenience.
Whether you're dreaming of your first home, a savvy addition to your portfolio, or a charming cottage to renovate and extend - 3 Mcwaters Street offers the foundation to make it happen.
General rates: currently $1,341.01 gross per half year
Water rates: currently $334.95 net per half year plus consumption
Primary school state catchment: Harlaxton State School
High school state catchment: Toowoomba State High School
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