OFF MARKET

3/30 French Street
East Toowoomba QLD 4350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 83m2
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Property Details for 3/30 French St, East Toowoomba

3/30 French St, East Toowoomba is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 83m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
1976
Floor Size
83m2
Land Size
83m2
Local Government
Toowoomba Regional
Lot/Plan
3/BUP2229

Last Listing description (December 2023)

Introducing this beautiful gem in the heart of East Toowoomba. This fully renovated two-bedroom apartment is an ideal investment opportunity or perfect for first home buyers. With the promise of an impressive annual return exceeding $44,000 through Airbnb, this property is both a chic place to live and a profitable investment.

The beautifully designed interior features a well-equipped kitchen with mixer tap, electric cooktop and oven, built-in microwave, integrated dishwasher and large breakfast bar. The open-plan living area provides ample space for relaxation while enjoying the comfort of reverse cycle air conditioning. Both bedrooms come with new carpeting and built-ins providing convenience for guests or residents alike.

This stylish apartment offers more than just modern interiors; it also boasts a large back grassy area perfect for outdoor activities or leisurely afternoon picnics. Enjoy lovely leafy views from your windows that bring tranquility right into your living space.

Location is paramount when considering real estate investments and this apartment doesn't disappoint. A mere 15-minute walk from the CBD and five minutes to TAFE Toowoomba campus, Queen's Park or Cobb Co Museum puts you in close proximity to all essential amenities. The best restaurants, bars, cafs are within walking distance along with local markets and grocery stores only 950 metres away making every day errands stress-free.

This truly is your home away from home providing everything you need at your doorstep while generating substantial income - a win-win situation any investor would dream of! The sellers are highly motivated! Don't miss out on this rare opportunity to secure a fantastic investment or your very first home - book your inspection today! Offers prior to auction will be considered and are encouraged. Contact Dan James on 0439714722 or at dan.james@raywhite.com

Some great features of this property:

Fully renovated apartment
2 bedrooms with built ins, and new carpet
Main bathroom fully renovated
Open plan living, dining and kitchen
Reverse cycle air conditioning in main living area
Deck off the main bedroom
Separate laundry
Designated car space
Walking distance to the CBD, TAFE, Cobb & Co Museum and Queens Park
Walking distance to restaurants, bars and cafes
Close to good private schools and East Toowoomba State School

Rates: Approximately $1103.57 per half year
Water Access: Approximately $314.59 per half year
Body Corporate: Approximately $535.00 per quarter

AUCTION DETAILS:
3rd October 2023, 6.00pm
Ray White Toowoomba, 580 Ruthven Street

Can't attend in person? Watch the auction online!

https://raywhitetoowoomba.com/watch-our-auctions-live

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Property History for 3/30 French St, East Toowoomba, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$340,000
18 Oct 2023
Listed for Rent
$250/w
20 Nov 2017
  • 18 Oct 2023
    Sold for $340,000
  • 13 Sep 2023
    Listed for Sale Auction at Ray White Toowoomba
  • 14 Nov 2017
    Listed for Rent $250 / 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 3,255 properties. Over the last 5 years, Houses in East Toowoomba have seen a 73.87% increase in median value, while Units have seen a 79.50% increase. As at 30 September 2024:

  • The median value for Houses in East Toowoomba is $839,603 while the median value for Units is $528,727.
  • Houses have a median rent of $540 while Units have a median rent of $380.
There are currently 20 properties listed for sale, and 26 properties listed for rent in East toowoomba on OnTheHouse. According to CoreLogic's data, 145 properties were sold in the past 12 months in East toowoomba.

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