OFF MARKET

264 Tor Street
Rockville QLD 4350

Bedrooms: 7
Bathrooms: 4
Car spaces: 4
Floor area: 49m2
Land area: 809m2
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Last updated 14 Oct 2024
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Property Details for 264 Tor St, Rockville

264 Tor St, Rockville is a 7 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 2018. The property has a land size of 809m2 and floor size of 49m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
2018
Floor Size
49m2
Land Size
809m2
Local Government
Toowoomba Regional
Lot/Plan
2/RP137217

Last Listing description (February 2022)

SELLING ALTOGETHER, The Jacqui Walker Team presents this WHOLE BLOCK OF FOUR UNITS only 210 metres to the grounds of St Andrew's Private Hospital.

ASSET QUICK GLANCE:

- Known as 'Hummingbird Apartments'
::: Currently rented to short-stay guests
- 4 Units selling altogether on 809 sq mtr allotment
- Reverse-cycle air conditioning and ceiling fans in all living rooms and all bedrooms
- Immaculately presented inside and out

- Units 1 and 2:
::: Each with 2 bedrooms, 1 bathroom, garage
::: Spacious open-plan living/dining, also a laundry
::: Fully renovated to look brand-new
::: Selling with attractive furniture
::: We believe these 2 Units could earn LEASE income of $375.00 EACH per week

- Unit 3
::: 2 bedrooms, 1 bathroom, carport
::: Spacious open-plan living/dining, also a laundry
::: Built 2018
::: Selling with attractive furniture
::: We believe this Unit could earn LEASE income of $375.00 per week

- Unit 4:
::: 1 bedroom, 1 bathroom, carport
::: Spacious open-plan living/dining, also a laundry
::: Built 2018
::: Selling with attractive furniture
::: We believe this Unit could earn LEASE income of $325.00 per week

ANTICIPATED INCOME:

- Individual proposed lease income amounts are above
- Likely income approx $1,450.00 per week
::: That's $75,400 per annum
::: Equates to 6.28% p.a. gross rent yield based on Offers Over price
- Always in demand, with:
::: Private Hospital only 210 metres away
::: Sprawling Wilsonton Shopping Centre 620 metres away

OUTGOINGS:

- Body Corp: None, nada, nil ... selling as a whole complex
- Recent General Rates: $1,600.26 net 1/2 yr
- Recent Water Access: $330.15 net 1/2 yr
- Building Insurance: $838.08 per year, specific to Current Owner's policy

TOOWOOMBA ECONOMIC SNAPSHOT:

- Toowoomba region population approx. 170,000
- Toowoomba has a gross regional product of $11.56 billion

- Toowoomba is the gateway to the west
::::: Abundant gas and oil resources
::::: Significant rural wealth

- Inland city showing huge growth
::::: $1.6 billion Second Range Crossing completed 2019
::::: $500m QIC Grand Central Shopping Centre upgrade completed 2018
::::: New International Freight Airport
::::: New Airport Industrial Park
::::: New Regional Data Centre

- 80 mins drive to Brisbane, flights available
- Under 2 hours drive to Gold Coast

WHAT A COMBINATION: The forecast 6.28% annual rent yield ... the Private Hospital location ... the contemporary presentation! THIS IS DEFINITELY THE QUADPLEX TO HAVE.

FOR YOUR CONVENIENCE, The Jacqui Walker Team is standing by right now for your call, text or inbox to arrange your INSPECTION OF THIS HIGH-YIELDING QUADPLEX NEAR PRIVATE HOSPITAL. SEE NOW!

***USEFUL INFO courtesy of Jacqui Walker:

- Internet: Can connect to the NBN via Fibre-to-the-Node technology (FTTN)
- Local Government Area: Toowoomba Regional Council
- State School Zone: Wilsonton Primary (P-6; 1.3km) and Wilsonton High (7-12; 950m)
- Disclaimer: All care taken, however you're encouraged to independently verify all figures and indications.

Property History for 264 Tor St, Rockville, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$1,200,000
05 Dec 2021
  • 05 Dec 2021
    Sold for $1,200,000
  • 14 Oct 2021
    Listed for Sale Offers Considered from $1,200,000 to $1,250,000
  • 15 Nov 2017
    Sold for $380,000
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About Rockville 4350

The size of Rockville is approximately 1.9 square kilometres. It has 8 parks covering nearly 4.6% of total area. The population of Rockville in 2011 was 3,263 people. By 2016 the population was 3,234 showing a population decline of 0.9% in the area during that time. The predominant age group in Rockville is 20-29 years. Households in Rockville are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rockville work in a trades occupation. In 2011, 59.8% of the homes in Rockville were owner-occupied compared with 58.3% in 2016.

Rockville has 1,568 properties. Over the last 5 years, Houses in Rockville have seen a 100.73% increase in median value, while Units have seen a 79.38% increase. As at 30 September 2024:

  • The median value for Houses in Rockville is $536,071 while the median value for Units is $417,250.
  • Houses have a median rent of $450 while Units have a median rent of $350.
There are currently 16 properties listed for sale, and 6 properties listed for rent in Rockville on OnTheHouse. According to CoreLogic's data, 84 properties were sold in the past 12 months in Rockville.

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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.