Residence + Income Producing Property
Webster Cavanagh Rural is pleased to present a unique holding with both residential and commercial zoning in the heart of town – 41 Herbert Street, Allora.
INVESTMENT OPPORTUNITY With strong demand for both residential and commercial rental properties in Allora, this property represents a versatile investment with multiple income streams. Ideally located within an easy commute to Warwick and Toowoomba, opportunities of this nature are rare.
HOMESTEAD 41 Herbert Street contains dual residential zones. The main homestead features three bedrooms with a spacious living area, a large kitchen, air conditioning and a welcoming front verandah, eastern facing deck and rear back patio. The home is neat and comfortable with scope to continue as a residence or to generate a steady rental return. The homestead is southward facing and fronts Warwick Street.
STUDIO Currently tenanted this open-plan studio is fully self-contained inclusive of furniture and household equipment. A separate bedroom space / office / sunroom is located at the southern end of the building. Including a full kitchenette and functional bathroom with a clawfoot bath, it is the perfect space for a consistent rental return to value add to this investment.
INDUSTRIAL/WORKSHOP ZONES 41A HERBERT STREET Complementing the residence and studio is a substantial workshop with three separate zones. 41A Herbert Street is currently tenanted on a long-term fixed lease (expires May 27), and has the potential of further growth for their thriving business. The workshop includes a separate office and back yard suitable for extra parking.
41B HERBERT AND 41C HERBERT STREET 41B Herbert and 41C Herbert offer a range of potential uses under the current light industry and commercial zoning. Options may include retail, RV/Caravan storage, mechanical workshop or other small business ventures, subject to council approval. 41C contains a car hoist.
LOCATION Located on the corner of Herbert and Warwick Streets, the property which has a substantial 50 metre main street frontage, sits in the centre of Allora, a town rich with heritage, charm, and community spirit. Allora acts as a service hub for the surrounding farms and rural community. Proximity to Toowoomba (approx. 30 minutes) and Warwick (approx. 20 minutes) makes it well positioned for spill over traffic and for attracting visitors travelling along the highway.
Toowoomba - 60km north Brisbane - 165km north-east Gold Coast - 179km east Warwick – 25.9km south
PROPERTY DETAILS RPD - Lot 1 RP20 LOCAL COUNCIL – Southern Downs Regional Council ZONING – District Centre RATES - $2,251.88 gross/half year WATER RATES - $116.64 water consumption (February – July 2025)
AGENTS COMMENTS With strong demand for both residential and commercial rental properties in Allora, this property which has a prominent main street location represents a versatile investment with multiple income streams. Ideally located within an easy commute to Warwick and Toowoomba, opportunities of this nature are rare. Phone Jules for an Information Memorandum and to organise an inspection.
