6A William StreetEast Toowoomba QLD 4350
Property Details for 6a William St, East Toowoomba
6a William St, East Toowoomba is a 1 bedroom, 1 bathroom Unit and was built in 1930. The property has a land size of 516m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (November 2023)
Discover a unique investment opportunity in the heart of Toowoomba City, QLD, at 6a William Street. This prime property features a block of three older style units, all currently tenanted, providing immediate income to the savvy investor. There are 2 x 1 bedroom units and 1 x 2 bedroom unit.
Situated on a level 516 square metre block, this site is zoned for mixed-use and is surrounded by thriving commercial properties, making it an attractive proposition for future developments.
Nestled just on the fringe of Toowoomba's bustling CBD, 6a William Street is bursting with potential and offers an exceptional opportunity for investors seeking to capitalise on the area's growing demand for residential and commercial spaces. The generous land size and mixed-use zoning provide a wealth of development possibilities, from redeveloping the current use through to constructing a new commercial enterprise, ensuring strong returns and ongoing growth ? all subject to Toowoomba Regional Council approvals.
Don't miss this rare chance to secure a ?foothold? in a highly sought-after location. With endless possibilities, 6a William Street, Toowoomba City, QLD, 4350 is an opportunity not to be missed.
To have a further discussion, submit an offer or to make an appointment to view please contact Lachlan Evans on 0418 185220 or our office on 4639 2222. Inspections are strictly by appointment.
Property History for 6a William St, East Toowoomba, QLD 4350
- 18 Oct 2023Sold for $480,000
- 03 Aug 2023Listed for Sale Not Disclosed
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0About 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.
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