FOR SALE
Auction Onsite 11am 6/11/2024

21 Sylvan Road
Toowong QLD 4066

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 450m2
Auction Time
Wed 6 Nov 1:00 pm
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
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Strategic Raw Site with Opportunity to Develop!

Accelerate Property Group is pleased to present 21 Sylvan Road Toowong, situated at one of Toowong's most prominent corners. Located just 4km from the CBD, this strategic property has finally become available in an area where very little land for development is available.
21 Sylvan Road is situated on the corner of Sylvan Road and Land Street Toowong and only a stones throw to the Brisbane River, Coronation Drive, Toowong Shopping Village and the Wesley Hospital. This site enjoys a prime position in the inner-city suburb of Toowong, boasting a High Density Residential Zone classification and falling within the Regatta Hotel Precinct, this property has a range of potential development opportunities (STCA)
In summary the property offers;
- Total site area 450m2*
- Zoned High Density Residential
- 43m* frontage
- Easy access to Bus, Train and City Cat Ferry
- Close to Wesley Private Hospital
- Only 4km to Brisbane CBD
- 200m from Toowong Shopping Village
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Property Details for 21 Sylvan Rd, Toowong

21 Sylvan Rd, Toowong is a 1 bedroom, 1 bathroom Other. The property has a land size of 450m2. The place is currently for sale with Accelerate Property Group.

Building Type
Other
Land Size
450m2

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About Toowong 4066

The size of Toowong is approximately 4.2 square kilometres. It has 18 parks covering nearly 10.4% of total area. The population of Toowong in 2011 was 11,255 people. By 2016 the population was 10,832 showing a population decline of 3.8% in the area during that time. The predominant age group in Toowong is 20-29 years. Households in Toowong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Toowong work in a professional occupation. In 2011, 42.9% of the homes in Toowong were owner-occupied compared with 44.4% in 2016.

Toowong has 7,374 properties. Over the last 5 years, Houses in Toowong have seen a 73.27% increase in median value, while Units have seen a 80.28% increase. As at 30 September 2024:

  • The median value for Houses in Toowong is $1,573,608 while the median value for Units is $764,889.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 48 properties listed for sale, and 50 properties listed for rent in Toowong on OnTheHouse. According to CoreLogic's data, 342 properties were sold in the past 12 months in Toowong.

Suburb Insights for Toowong 4066

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Jim Wicks
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Jeff Dolan
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Accelerate Property Group
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.