OFF MARKET

1 Explorer Street
Toowong QLD 4066

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Floor area: 46m2
Land area: 642m2
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Property Details for 1 Explorer St, Toowong

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.

Building Type
House
Year Built
1950
Floor Size
46m2
Land Size
642m2
Local Government
Brisbane
Lot/Plan
2/RP91971

Last Listing description (July 2024)

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

Each flat (approx 51sqm each) are configured to provide open plan living/dining area
Interiors bathed in natural light include polished floorboards
Wide windows and banks of glass louvres maximise air flow
Neutral dcor, ceiling fans, integrated shelving for storage
Well-lit kitchen with gas/electric cooking and tidy cabinetry
Layout offers two good sized bedrooms plus spacious bathroom
Rear door to directly access common pathway at back of block
Tenanted, currently attracting $1,806 per week rental return
(Current market rental assessment is $2,100 per week)
Features individual gas, electricity and hot water meters
Separate laundry facilities, allocated undercover car spaces
The building can be removed, as not in character overlay

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.

Property History for 1 Explorer St, Toowong, QLD 4066

A timeline of how this property has performed in the market
Last Sold
$1,399,000
08 Jul 2021
Listed for Rent
$315/w
15 Aug 2017
  • 25 Jun 2024
    Listed for Sale Expressions of Interest closing 13th of July 5pm
  • 08 Jul 2021
    Sold for $1,399,000
  • 07 Jun 2021
    Listed for Sale For Sale
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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 7,414 properties.

    There are currently 34 properties listed for sale, and 48 properties listed for rent in Toowong on OnTheHouse. According to CoreLogic's data, 361 properties were sold in the past 12 months in Toowong.

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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.