SOLD
RECENT ADVICE
Sold on 12 Aug 2024 for $590,000

6/37 Cadell Street
Toowong QLD 4066

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 131m2
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Property Details for 6/37 Cadell St, Toowong

6/37 Cadell St, Toowong is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Apartment sold in Toowong in the last 12 months.

Building Type
Apartment
Floor Size
131m2
Local Government
Brisbane
Lot/Plan
6/BUP3624

Last Listing description (August 2024)

This property is being sold without a price and therefore a price guide can't be provided. The website may have filtered the property into a price bracket for website functionality purposes. As per legislation no price and no price range will be given to potential buyers. The owners have given permission for area sales to be supplied upon request.

Situated in the vibrant heart of Toowong, this spacious apartment boasts two bedrooms and one bathroom, making it an attractive option for both astute investors and owner-occupiers.

Features Include

• Two generous bedrooms
• Built-in wardrobes
• Bath and separate shower
• Separate water closet
• Ceiling fans
• Single lock-up garage with a laundry
• Original but fully serviceable kitchen equipped with a caravan-style table
• Combined lounge and dining area
• The large balcony provides an excellent space for outdoor entertaining
• Only 10 units in the complex
• Total Contributions to Administrative Fund $3,461.70 per year
• Total Contributions to Sinking Fund $118.00 per year
• Balance of the Sinking Fund as of 31st March, 2024 $41,413.22
• Rental Increase Anniversary is the 21st October

The floor plan allows for adequate separation between the living areas and bedrooms. The prime location, combined with these features, ensures that this property is both a comfortable residence and a solid investment opportunity. The property is conveniently located within walking distance to Toowong Village, Toowong and Auchenflower Train Stations, and is just 4 kilometres from the CBD.

Additionally, it offers a short commute to the University of Queensland and some of Brisbane's finest schools. Renowned for their quality construction and efficient use of living space, Mutual-built apartments are highly sought after.

This property represents a sound investment, having previously rented for $460 per week with the future income being $525.00 per week

Please call Adam, Roxanne or Liam Workman from TEAM WORKMAN for your welcomed inspection.

"RE/MAX Ignite has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective tenants should make their own enquiries to verify the information contained in this advertisement."

Property History for 6/37 Cadell St, Toowong, QLD 4066

A timeline of how this property has performed in the market
Last Sold
$590,000
12 Aug 2024
Listed for Rent
$350/w
07 Oct 2020
  • 12 Aug 2024
    Sold for $590,000
  • 29 Jul 2024
    Listed for Sale FOR SALE
  • 07 Sep 2020
    Listed for Rent $350 / week
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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 7,438 properties. Over the last 5 years, Houses in Toowong have seen a 77.45% increase in median value, while Units have seen a 74.54% increase. As at 31 July 2024:

  • The median value for Houses in Toowong is $1,587,459 while the median value for Units is $737,395.
  • Houses have a median rent of $690 while Units have a median rent of $600.
There are currently 39 properties listed for sale, and 67 properties listed for rent in Toowong on OnTheHouse. According to CoreLogic's data, 379 properties were sold in the past 12 months in Toowong.

Suburb Insights for Toowong 4066

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Roxanne Workman
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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.