SOLD
Sold on 15 Feb 2024 for $275,000

20/2 Benjamin Street
Mount Lofty QLD 4350

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 78m2
Land area: 92m2
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Property Details for 20/2 Benjamin St, Mount Lofty

20/2 Benjamin St, Mount Lofty is a 2 bedroom, 1 bathroom Unit and was built in 1982. The property has a land size of 92m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Mount Lofty in the last 12 months.

Building Type
Unit
Year Built
1982
Floor Size
78m2
Land Size
92m2
Local Government
Toowoomba Regional
Lot/Plan
20/BUP5419

Last Listing description (April 2024)

This two-storey townhouse, located at 20/2 Benjamin Street in the highly desirable suburb of Mount Lofty offers an exceptional opportunity for astute investors. The property features two comfortable bedrooms and a well-appointed bathroom, providing an ideal living space for tenants.

One of the key highlights of this townhouse is its elevated position within the complex, offering spectacular views across the city. These panoramic vistas add a touch of luxury to everyday living and are certain to be a drawcard for potential renters.

Indoors, the property offers a range of undefined yet enticing features. The building also boasts a communal pool - perfect for enjoying those warm summer days.

The townhouse comes with one dedicated car space and is conveniently located close to various amenities. It's just steps away from popular coffee shops, Mount Lofty High School, Northpoint Shopping Centre and numerous local parks - everything your tenants could need or want is within easy reach.

As an investment, this property delivers solid returns with current rent set at $320 per week till 24-1-2025

Investors will be quick to lock in this sought-after property! This prime real estate investment opportunity will not last long in today's competitive market. Secure your future income today with this outstanding townhouse in beautiful Mount Lofty!

Rates: Approximately $1103.57 per half year
Water Access: Approximately $315.29 per half year
Body Corporate: Approximately $700.00 per quarter

Property History for 20/2 Benjamin St, Mount Lofty, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$275,000
15 Feb 2024
Listed for Rent
22 Apr 2016
  • 15 Feb 2024
    Sold for $275,000
  • 14 Dec 2023
    Listed for Sale Buyer interest above $299,000
  • 01 Mar 2016
    Listed for Rent - Price not available
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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 1,826 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 4 properties listed for rent in Mount lofty on OnTheHouse. According to CoreLogic's data, 88 properties were sold in the past 12 months in Mount lofty.

Suburb Insights for Mount Lofty 4350

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Lindsay Southwell
Show contact details
Ray White Toowoomba
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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.