OFF MARKET

1/12 Patrick Lane
Toowong QLD 4066

Bedrooms: 4
Bathrooms: 3
Car spaces: 1
Floor area: 255m2
Land area: 255m2
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Property Details for 1/12 Patrick Lane, Toowong

1/12 Patrick Lane, Toowong is a 4 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 255m2 and floor size of 255m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
1978
Floor Size
255m2
Land Size
255m2
Local Government
Brisbane
Lot/Plan
1/BUP3027

Last Listing description (August 2024)

Comprising of a staggering 255m2 of exclusive Brisbane River Frontage. The abundance of space in this two-level apartment situated in a secure, gated complex with unobstructed river and city views is the largest in the complex and is now on the market for the first time since being built in 1978, and really should be seen to be believed.

The property, on one title, is actually two separate fully air conditioned self-contained 2-bedroom apartments one above the other, each with dedicated external access, connected by an internal staircase. In all, there are 4 bedrooms, 3 full bathrooms, and 2 full kitchens. This of course allows true separation of living areas, aided by the overall size - a massive 206m2 floor area (approx) excluding the garage. The L shaped garage has potentially enough room for 2 small cars or one larger car with ample storage beside.

Renovate this property into your next family home and let your imagination run rampant with the endless possibilities within. Utilise the property in its current format or you can choose to reside in one and tenant out the other for an added income stream. That's not just a life??its a lifestyle!

This once in a lifetime opportunity will appeal to both the astute investor and owner-occupier alike. You will appreciate the many features within the property itself and the obvious benefits due to the close proximity to quite literally "Everything" to mention a few, Toowong Village, University of Queensland, public transport with bus, train and ferries, river walk and more! The caf?, dining and boutique shops on offer are within walking distance.

PROPERTY

2 level, 4 bedroom, 3 bathroom, 1 car lockup garage with 1 open car space
or, (2 x 2 bedroom self-contained apartments)
Massive 206m2 floor area (approx)
Separate entries at ground level and on level one.
Split system reverse cycle air conditioning
Suspended concrete slab between levels to eliminate sound transmission
Indoor Pool and Sauna access
Secure visitor parking bays
Established landscaped gardens

LOCATION
CityCat Ferry Terminal 250m
Auchenflower Railway Station 450m
Toowong Railway Station 700m
Toowong Village Shopping Centre 700m
BCC bus stop within 120m
Regatta Hotel 200m
University of Queensland 2km
Brisbane CBD 2.5km
(All distances approximate, direct line)

Call Martin Hamilton for your inspection of this incredible property on 0432 566 888

Property History for 1/12 Patrick Lane, Toowong, QLD 4066

A timeline of how this property has performed in the market
Last Sold
$910,000
03 Jul 2023
Listed for Rent
$700/w
14 Jul 2022
  • 03 Jul 2023
    Sold for $910,000
  • 16 Feb 2023
    Listed for Sale Offers over $850k
  • 06 Jun 2022
    Listed for Rent $700 / week
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About Toowong 4066

The size of Toowong is approximately 4.2 square kilometres. It has 18 parks covering nearly 10.4% of total area. The population of Toowong in 2011 was 11,255 people. By 2016 the population was 10,832 showing a population decline of 3.8% in the area during that time. The predominant age group in Toowong is 20-29 years. Households in Toowong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Toowong work in a professional occupation. In 2011, 42.9% of the homes in Toowong were owner-occupied compared with 44.4% in 2016.

Toowong has 7,380 properties. Over the last 5 years, Houses in Toowong have seen a 71.35% increase in median value, while Units have seen a 80.16% increase. As at 31 October 2024:

  • The median value for Houses in Toowong is $1,584,993 while the median value for Units is $774,068.
  • Houses have a median rent of $650 while Units have a median rent of $620.
There are currently 59 properties listed for sale, and 52 properties listed for rent in Toowong on OnTheHouse. According to CoreLogic's data, 339 properties were sold in the past 12 months in Toowong.

Suburb Insights for Toowong 4066

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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.