FOR SALE
Offers Over $299,000

2/116 West Street
Toowoomba City QLD 4350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Low-Maintenance Unit with Long-Term Tenants & Prime Location

On the edge of the CBD, close to the picturesque Laurel Bank Park and within walking distance of Clifford Gardens Shopping Centre and the Base Hospital, this spacious unit offers an outstanding investment opportunity.
Always in demand and rarely vacant, this low-maintenance property provides a reliable return and has been a proven performer over the years. Currently tenanted by long-term residents for over four years who are keen to stay on, it delivers a steady income of $320 per week on a fixed-term lease until April next year.
The unit’s layout is impressively spacious, featuring a separate lounge with brand new carpet and an updated kitchen and dining area overlooking the rear outdoor space. Both bedrooms come with built-in robes and ceiling fans, providing comfort and practicality. The generous bathroom has been updated with a modern shower, and the property is equipped with security screens and doors for added peace of mind. A single carport at the front ensures convenient parking.
In summary:
• Prime location on the edge of the CBD, within walking distance to Clifford Gardens and the Base Hospital
• 2 bedrooms with built-in robes
• Separate lounge with brand new carpet
• Updated kitchen and spacious dining area
• Modernized bathroom with updated shower
• Ceiling fans throughout, security screens and doors
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Property Details for 2/116 West St, Toowoomba City

2/116 West St, Toowoomba City is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with McAdam and Turnbull Realty.

Building Type
Unit

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About Toowoomba City 4350

The size of Toowoomba City is approximately 2.7 square kilometres. It has 9 parks covering nearly 3.8% of total area. The population of Toowoomba City in 2011 was 2,200 people. By 2016 the population was 2,093 showing a population decline of 4.9% in the area during that time. The predominant age group in Toowoomba City is 20-29 years. Households in Toowoomba City are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Toowoomba City work in a professional occupation. In 2011, 35.7% of the homes in Toowoomba City were owner-occupied compared with 34.4% in 2016.

Toowoomba City has 2,354 properties. Over the last 5 years, Houses in Toowoomba City have seen a 77.11% increase in median value, while Units have seen a 72.57% increase. As at 31 October 2024:

  • The median value for Houses in Toowoomba City is $602,314 while the median value for Units is $461,135.
  • Houses have a median rent of $493 while Units have a median rent of $350.
There are currently 27 properties listed for sale, and 112 properties listed for rent in Toowoomba city on OnTheHouse. According to CoreLogic's data, 117 properties were sold in the past 12 months in Toowoomba city.

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Lachlan Evans
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McAdam and Turnbull Realty
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