SOLD
Sold on 26 Jun 2024 for $520,000

172A James Street
South Toowoomba QLD 4350

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 275m2
Land area: 468m2
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Property Details for 172a James St, South Toowoomba

Building Type
Commercial
Floor Size
275m2
Land Size
468m2
Local Government
Toowoomba Regional
Lot/Plan
1/RP96179

Last Listing description (May 2024)

Built in the late 70's this commercial opportunity with first class exposure, awaits the astute investor. Offering 260sqm of commercial building area under roof and on a 468sqm allotment located central to the CBD on the East-West arterial of James Street South Toowoomba. Tenancy 1 - 235sqm is currently untenanted and now ready after a fresh coat of paint for a multitude of tenants. Flooded with natural light and high ceilings, this property will suit a tenant needing a large display area along with extra storage. There is a kitchen room, and a 'his and hers toilets'. Tenancy 2 - has 25sqm of floor space and is currently leased as a coffee shop with kerb side seating. With a wide drive through at the front of the 2 business entry points this property will suit a business needing drive through customers. There is on-site parking at the front and side of the building along with vehicle access into the building from the front, side and rear. The roof of the building has recently been restored and renovated.

Price Offers Over $545,000

Build 275 sqm

Land 468 sqm

Council Rates: $3,994.49 approx. per half year
Water Rates: $385.34 approx. per half year

Property History for 172a James St, South Toowoomba, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$520,000
26 Jun 2024
  • 26 Jun 2024
    Sold for $520,000
  • 26 Jul 2023
    Listed for Sale Expressions of Interest
  • 07 Jun 2016
    Listed for Sale Expressions of Interest
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About 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.
There are currently 27 properties listed for sale, and 13 properties listed for rent in South toowoomba on OnTheHouse. According to CoreLogic's data, 144 properties were sold in the past 12 months in South toowoomba.

Suburb Insights for South Toowoomba 4350

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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.