OFF MARKET

136 Koala Drive
Cypress Gardens QLD 4357

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 79240m2
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Property Details for 136 Koala Dr, Cypress Gardens

Building Type
Land
Land Size
79240m2
Local Government
Toowoomba Regional
Lot/Plan
27/RP883104

Last Listing description (July 2023)

NOTE: THE EOI FOR THIS PROPERTY CONCLUDED ON THE 9th OF JUNE. NO FURTHER OFFERS WILL BE CONSIDERED

This property is being offered for sale by the Toowoomba Regional Council pursuant to its statutory power of sale contained in the Local Government Regulations 2012. The property is the subject of financial arrears by the registered owner to the Toowoomba Regional Council for overdue payment of Council Rates & Charges.

The property is submitted for sale on the basis that the highest offer to purchase received shall be the purchaser subject to the vendor's approval. The property sale is subject to terms and conditions necessary for the Toowoomba Regional Council to comply with its responsibilities under the Local Government Regulations 2012.

Offers will only be considered from Offerors who have formally acknowledged they understand and accept the terms of sale.

The Council offers NO guarantee, warranty or other assurance:
* that vacant possession of the property will be provided at completion;
* as to the condition, state of repair or suitability for any use of the land;
* that the land presently is being used in accordance with approvals (if any) granted by the Commonwealth, State or local governments, or by any semi-government authority; and
* that any improvements (if any) on land have been constructed in accordance with all applicable legislative requirements of the State or local governments

Any chattels located on the land are NOT included in the sale and will become the responsibility of the purchaser. If, at any time between the formation date and the completion date of the Contract of Sale, the Council becomes aware that payment of the overdue rates burdening the land was tendered prior to the closing date of this Expression of Interest to purchase, then the Council may terminate the agreement by written notice to the purchaser in which event all monies paid by way of deposit are refundable.

The Council give notice that intending purchasers should satisfy themselves by way of their own inspection, searches, inquiries, advices or as is otherwise necessary in relation to this property. The Council's Agent is not authorised to conduct any public Open Homes or private inspections of the property. The Council or its Agent are unable to provide a price guidance to buyers during this EOI process.

LOT 27 KOALA DRIVE, CYPRESS GARDENS DETAILS:
* 7.924ha (19.58 acres) vacant land
* Lot 27 on RP883104
* No electrical, water or sewerage services to the property
* General Rates: $485.65 gross per half year

Expression's of Interest to purchase this property must be received by the Council's agent before 12.00md on Friday, 9th June 2023. The prescribed Offer and Sale terms documentation is available from the Council's agent.

Disclaimer:
Advertising Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 136 Koala Dr, Cypress Gardens, QLD 4357

A timeline of how this property has performed in the market
Last Sold
$50,000
20 Jun 2023
  • 20 Jun 2023
    Sold for $50,000
  • 11 Jun 2023
    Listed for Sale Not Disclosed
  • 02 Nov 1975
    Sold for $4,950

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About Cypress Gardens 4357

The size of Cypress Gardens is approximately 9.2 square kilometres. It has 1 park. The population of Cypress Gardens in 2011 was 422 people. By 2016 the population was 103 showing a population decline of 75.6% in the area during that time. The predominant age group in Cypress Gardens is 50-59 years. Households in Cypress Gardens are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Cypress Gardens work in a labourer occupation. In 2011, 81% of the homes in Cypress Gardens were owner-occupied compared with 96.9% in 2016..

Cypress Gardens has 101 properties. Over the last 5 years, Houses in Cypress Gardens have seen a 237.78% increase in median value. As at 31 October 2024:

  • The median value for Houses in Cypress Gardens is $302,390.
There are currently 1 property listed for sale, and no properties listed for rent in Cypress gardens on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Cypress gardens.

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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.