110 Toowoon Bay RoadToowoon Bay NSW 2261
Property Details for 110 Toowoon Bay Rd, Toowoon Bay
110 Toowoon Bay Rd, Toowoon Bay is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 449m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in December 2016.
Last Listing description (April 2017)
Situated perfectly - approximately 100m to Toowoon Bay Beach and only 200m to Toowoon Bay shops, cafe's and restaurants.
Unique situation of two properties to be sold in a line (two separate titles) consisting of a 464sqm block with 2 bedroom free standing home and 929sqm block with five two-bedroom apartments.
Common laundry facilities serving all five apartments.
Perfect scenario to invest for today showing sensible rental returns in its current form with potential to have six full leases - apartment five is currently at owners use.
Present zoned R1 General Residential, giving a wide scope of permissible uses including multi-dwelling housing, double-storey developments and more (STCA).
Four tenants are long term and are happy to stay, ensuring rental returns continue.
Massive scope for the future (subject to council approval).
The central coast is becoming increasingly popular, properties as unique as this and within proximity to some of the finest beaches Greater-Sydney have to offer are highly sought.
Two indicative floor plans are attached of apartments, full site plan of both lots along with location proximity to ocean and facilities are also included.
Inspection via appointment on weekdays only.
Contact John Gibson on 0425 281 432.
Property History for 110 Toowoon Bay Rd, Toowoon Bay, NSW 2261
- 16 Dec 2016Sold for $775,000
- 25 Oct 2016Listed for Sale Not Disclosed
- 05 Jul 2016Listed for Sale Auction
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About Toowoon Bay 2261
The size of Toowoon Bay is approximately 0.6 square kilometres. It has 2 parks covering nearly 29.4% of total area. The population of Toowoon Bay in 2011 was 548 people. By 2016 the population was 518 showing a population decline of 5.5% in the area during that time. The predominant age group in Toowoon Bay is 60-69 years. Households in Toowoon Bay are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Toowoon Bay work in a professional occupation. In 2011, 53.1% of the homes in Toowoon Bay were owner-occupied compared with 56.8% in 2016.
Toowoon Bay has 420 properties. Over the last 5 years, Houses in Toowoon Bay have seen a 85.85% increase in median value, while Units have seen a 108.85% increase. As at 30 November 2024:
- The median value for Houses in Toowoon Bay is $1,425,577 while the median value for Units is $934,964.
- Houses have a median rent of $613 while Units have a median rent of $450.
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