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.
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
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:
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