155a South St, South Toowoomba is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 840m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
I am often asked what I think is a good solid long term investment. My standard response is always the same "It's the land that appreciates so the bigger the block the better". You certainly don't need to be a rocket scientist to realise that an 840m2 allotment with 2 street frontage on 2 lots is probably a fool proof investment. And yep, this home is attractively priced for immediate sale.
Offering solid bones and loads of potential, this early 50's residence is ideally positioned at the front of the 840m2 allotment allowing for a large backyard which is perfect for a growing family. On entry you will immediately see the potential with superb character features throughout. The bedrooms are light and bright with the main bedroom leading to a sundrenched northern sunroom, the central formal lounge showcases decorative ornate plaster, a well presented kitchen offers adjacent casual dining, the main bathroom offers a separate shower and bath plus enjoy BBQ's in a large private outdoor entertaining area. An expansive backyard provides for many options including an extension off the existing dwelling, addition of a shed with access off Knox Lane or just loads of yard space for children and animals to have fun and grow. BBQ's and a double remote lock-up garage. Budding developers may wish to explore options to maximise this properties best value. The location is outstanding and this would have to be one of the best opportunities in Toowoomba TODAY!
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 3,194 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:
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