SOLD
Sold on 15 Feb 2024 for $350,000

2/81 James Street
East Toowoomba QLD 4350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
Land area: 113m2
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Property Details for 2/81 James St, East Toowoomba

2/81 James St, East Toowoomba is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 113m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in East Toowoomba in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
81m2
Land Size
113m2
Local Government
Toowoomba Regional
Lot/Plan
2/SP274522

Last Listing description (April 2024)

This quality, Arden Vale built triplex is the perfect addition to your portfolio. Situated in the sought after suburb of East Toowoomba and close to numerous amenities, these units represent a fantastic buying opportunity for any savvy investor. The complex has been well designed, with all 3 units having great sized open plan living areas, spacious built in bedrooms and private courtyards. Unit 2 and 3 each contain 2 bedrooms while unit 1 has 1 bedroom plus a separate study. Located perfectly, within walking distance to St Vincents Hospital, The Range Shopping Centre and numerous local schools as well as being a short stroll into the CBD.

Featuring:
? 3 Separate titled units

? Single lock up garage per unit
? Modern kitchen with quality appliances
? Air conditioning in each unit
? Internal laundry for each unit
? Generous sized bathrooms
? Private courtyards

A genuine set and forget investment with all units currently leased by great tenants on the following terms:
Unit 1 (1 bedroom Unit) - Currently leased for $285/week until 1/11/2024
Unit 2 (2 bedroom unit) - Currently leased for $370/week until 8/6/2024
Unit 3 (2 bedroom unit) - Currently leased for $370/week until 14/10/2024
Total return per week - $1025/week

Contact Travis on 0400 566 287

*General Rates Total for all 3 units: $3310.71 net per half year after discount for paying on time*
*Water Rates Total for all 3 units: Access $945.87 net per half year after discount for paying on time plus consumption*

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Property History for 2/81 James St, East Toowoomba, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$350,000
15 Feb 2024
Listed for Rent
$360/w
08 May 2023
  • 16 Feb 2024
    Listed for Sale Not Disclosed
  • 15 Feb 2024
    Sold for $350,000
  • 08 May 2023
    Listed for Rent $360 / week
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About East Toowoomba 4350

The size of East Toowoomba is approximately 4 square kilometres. It has 11 parks covering nearly 11.7% of total area. The population of East Toowoomba in 2011 was 5,675 people. By 2016 the population was 5,257 showing a population decline of 7.4% in the area during that time. The predominant age group in East Toowoomba is 10-19 years. Households in East Toowoomba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Toowoomba work in a professional occupation. In 2011, 55.5% of the homes in East Toowoomba were owner-occupied compared with 54.7% in 2016.

East Toowoomba has 3,258 properties. Over the last 5 years, Houses in East Toowoomba have seen a 71.25% increase in median value, while Units have seen a 93.04% increase. As at 31 October 2024:

  • The median value for Houses in East Toowoomba is $836,493 while the median value for Units is $557,438.
  • Houses have a median rent of $540 while Units have a median rent of $380.
There are currently 20 properties listed for sale, and 27 properties listed for rent in East toowoomba on OnTheHouse. According to CoreLogic's data, 151 properties were sold in the past 12 months in East toowoomba.

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