110A James StreetSouth Toowoomba QLD 4350
Property Details for 110a James St, South Toowoomba
110a James St, South Toowoomba is a 8 bedroom, 8 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 936m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 8 bedroom BlockOfUnits sold in South Toowoomba in the last 12 months.
Last Listing description (April 2024)
If you are looking for a solid investment opportunity with a good return and a complex that has a 100% occupancy rate - then look no further!
110 A James Street is being offered to the market for the first time in nearly 10 years - boasting a great return for your money.
Some of the brilliant features include:
• Located less than 1km from Queens Park and 2km from Toowoomba's CBD and Grand Central Shopping Centre and adjacent to the renowned Federal hotel/motel and Dan Murphy's this one will tick plenty of boxes for the astute investor.
• 4 x modern units, 2 ground level and 2 top level units.
• The ground level units feature a private and fully private fenced yard
• Top level have their own front and back balconies
• All units boast open plan kitchen, dishwasher, and ceramic cook-top, continental style laundries.
• Spacious lounge with reverse cycle air conditioning for year-round comfort.
• Both bedrooms feature built-ins, the masters are complimented with reverse cycle air conditionings and ensuites
• Ensuite in the masters boast a shower over bath for added convenience.
• Corner block with entry off Geddes St for easy access.
• Large 936m2 allotment.
• Possible further development potential.
• All four units are fully leased on long leases and currently return $1330 per week, solid leases, and excellent occupancy rates.
• Each unit comes with dedicated under cover car accommodation.
• Positioned in South Toowoomba, a real estate hot spot, offering projected growth for the future.
• Current Toowoomba City Council Rates - $2963.68 ½ year
• Current Water Rates - $315.29 ½ year plus consumption
• No Strata Body Corp Fees
• Complex built 1970
• Lot/plan 1/SP183753 Toowoomba Regional Multi Unit Dwelling (Flats) Residential Conservation (Toowoomba) Development Zone
Unit 1 -$330 a week 14/10/23-11/10/24
Unit 2 -$330 a week 9/1/24 -8/1/25
Unit 3 -$330 a week -22/9/23-29/9/24
Unit 4 -$340 a week - 20/12/24-19/12/25
This opportunity is for those looking to secure a prime investment in a thriving area with a great return.
Don't delay contact exclusive agents Sue Edwards on 0437 377988 or Murray Troy on 0400772210
We respect our fantastic tenants - 24 hours' notice required for all inspections.
Property History for 110a James St, South Toowoomba, QLD 4350
- 20 Mar 2024Sold for $1,050,000
- 07 Feb 2024Listed for Sale Interest Above 1.1 million
- 16 Sep 2022Listed for Rent $280 / week
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0About South Toowoomba 4350
The size of South Toowoomba is approximately 3.7 square kilometres. It has 11 parks covering nearly 20.6% of total area. The population of South Toowoomba in 2011 was 5,224 people. By 2016 the population was 5,237 showing a population growth of 0.2% in the area during that time. The predominant age group in South Toowoomba is 20-29 years. Households in South Toowoomba are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in South Toowoomba work in a professional occupation. In 2011, 54.9% of the homes in South Toowoomba were owner-occupied compared with 51% in 2016.
South Toowoomba has 3,193 properties. Over the last 5 years, Houses in South Toowoomba have seen a 79.41% increase in median value, while Units have seen a 92.39% increase. As at 31 October 2024:
- The median value for Houses in South Toowoomba is $603,995 while the median value for Units is $493,289.
- Houses have a median rent of $470 while Units have a median rent of $420.
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