OFF MARKET

111 Bridge Street
Mount Lofty QLD 4350

Bedrooms: 7
Bathrooms: 4
Car spaces: 6
Land area: 2019m2
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Property Details for 111 Bridge St, Mount Lofty

111 Bridge St, Mount Lofty is a 7 bedroom, 4 bathroom House with 6 parking spaces. The property has a land size of 2019m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Land Size
2019m2
Local Government
Toowoomba Regional
Lot/Plan
8/RP864868

Last Listing description (January 2024)

Positioned in sought after Mount Lofty, this phenomenal aggregation totals over three quarters of an acre on three separate titles and presents a range of excellent opportunities. You are able to purchase either house or the vacant allotment, hold all properties for high rental returns or develop further subject to TRC approvals. Just minutes from Toowoomba's CBD and a short stroll to Queens Park and quality local cafes, this blue chip address should not be missed.

111 Bridge Street spans 2019m2 across two lots with easement access in place for immediate development of the rear lot. Subject to approval, the rear of 113 Bridge Street, set on 1351m2, may be subdivided to enable the creation of another lot. Rental returns are projected at $1400 per week across a beautiful colonial character home currently divided into three units and a bungalow style three bedroom home. Please see floor plans for full details.

Genuinely unique in scope and options for ownership we will be providing extensive detail in response to your specific request. Speak to us today for comprehensive information. Act now!!

113 Bridge Street (House)
Rates: Approximately $1815.45 per half year
Water Access: Approximately $314.59 per half year

111 Bridge Street (Units)
Rates: Approximately $3529.63 per half year
Water Access: Approximately $314.59 per half year

Property History for 111 Bridge St, Mount Lofty, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$1,850,000
13 Jul 2022
  • 20 Jul 2023
    Listed for Sale Buyer interest above $2,100,000
  • 13 Jul 2022
    Sold for $1,850,000
  • 15 Apr 2019
    Listed for Rent $200 / week
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About Mount Lofty 4350

The size of Mount Lofty is approximately 9.6 square kilometres. It has 8 parks covering nearly 35.5% of total area. The population of Mount Lofty in 2011 was 3,847 people. By 2016 the population was 3,775 showing a population decline of 1.9% in the area during that time. The predominant age group in Mount Lofty is 40-49 years. Households in Mount Lofty are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Lofty work in a professional occupation. In 2011, 74.9% of the homes in Mount Lofty were owner-occupied compared with 73% in 2016.

Mount Lofty has 1,827 properties. Over the last 5 years, Houses in Mount Lofty have seen a 80.15% increase in median value, while Units have seen a 86.26% increase. As at 31 October 2024:

  • The median value for Houses in Mount Lofty is $884,481 while the median value for Units is $512,523.
  • Houses have a median rent of $575 while Units have a median rent of $400.
There are currently 15 properties listed for sale, and 5 properties listed for rent in Mount lofty on OnTheHouse. According to CoreLogic's data, 87 properties were sold in the past 12 months in Mount lofty.

Suburb Insights for Mount Lofty 4350

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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.