8B Herries StreetEast Toowoomba QLD 4350
Property Details for 8b Herries St, East Toowoomba
Last Listing description (May 2024)
On behalf of our valued client LJ Hooker Commercial Toowoomba are pleased to present to the market for the first-time 40+ Years this unique opportunity in the heart of the St Vincents Hospital precinct.
This property offers a large land holding of 893m which is improved by a well built and well-maintained low-set brick building spanning 266m*. Holding a prime position on Herries Street with great access to major arterial and adjacent to the newly renovated St Vincents Hospital emergency department. This commercial property opportunity provides the eventual purchaser a rare opportunity to solidify their position within the hospital precinct.
Key Features
- Unique building classification Unit 1 Allied Health/Offices & Unit 2 Residential.
- Land Area of 893m
- Building Area of 266m*
- Zoning - Low-Medium Residential within the Urban Residential Precinct.
- Ready for Refurbishment or Renovation
- High Exposure location and well connected to road network.
For more information, please contact the exclusive agents Chris Stewart or Shane Kennett.
*approximately.
Property History for 8b Herries St, East Toowoomba, QLD 4350
- 03 Apr 2024Sold for $890,000
- 14 Sep 2023Listed for Sale On-Site Auction - 17 October at 11am
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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 3,267 properties. Over the last 5 years, Houses in East Toowoomba have seen a 76.25% increase in median value, while Units have seen a 79.84% increase. As at 31 August 2024:
- The median value for Houses in East Toowoomba is $842,953 while the median value for Units is $506,278.
- Houses have a median rent of $520 while Units have a median rent of $385.
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