1 Explorer St, Toowong is a 8 bedroom, 4 bathroom House with 4 parking spaces and was built in 1950. The property has a land size of 642m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
Offering a total of four residences, this ready-made investment property presents an exciting opportunity to invest in Brisbane's burgeoning rental market. The prime location is a short walk from Toowong Village, cafes, eateries, Anzac Park and city transport, while the University of Queensland is within easy reach.
Situated on sunny 642sqm corner block in leafy neighbourhood
Practical single level flats constructed during the 1950s
Rarely available and highly sought-after, the chance to acquire four dwellings so close to the CBD deserves your immediate attention. There's scope to makeover and undertake further improvements in the future to realise the property's full potential.
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 7,414 properties.
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