1209/38 High StreetToowong QLD 4066
Property Details for 1209/38 High St, Toowong
1209/38 High St, Toowong is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 80m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (November 2023)
Top Floor 2BD PENTHOUSE - 1209 represents the top end of 38 High Street. Walk in ready to make your mark or buy fully furnished - the choice is yours!
A spacious top floor apartment with unobstructed views across Mount Coot-Tha, can be bought with the furnishings or without - optional. It features extra high double vaulted ceilings, an expansive balcony that offers unobstructed views overlooking Mount Coo-tha. The master bedroom has an ensuite and large wardrobe, and wake up to views of Mount Coot-Tha from the main bedroom. The long kitchen bench has top of the range European appliances and a stone bench top. It is topped off by a kitchen island that is perfect for entertaining! The open plan living, and dining space completely opens to allow light and breeze to flow through the apartment, fully utilising the natural environment.
High Street, Toowong offers you an ideal inner-city walk-in ready living or investment opportunity. This 12-level residential apartment development is located just 4 kilometres to Brisbane's CBD with central proximity to trendy restaurants, speciality shops, public transport, schools, hospitals, and universities.
This apartment is well-appointed and well-connected in an area where a high rental demand for units exists from the strong student base as well as the abundance of CBD workers that live in Toowong.
What comes with the apartment?
Two spacious bedrooms with large mirrored built ins and furniture included.
Master bedroom comes with ensuite, queen bed, side tables, lamps, and TV wall unit.
Second bedroom comes with queen bed, side tables, lamps, wall pictures, study desk and bookshelf.
Separate bathroom with internal laundry fully equipped with washing machine, dryer, ironing board and iron.
Kitchen fully equipped with fridge, dishwasher and microwave and smaller goods included such as toaster, kettle, pots and pans, cutlery, plates, bowls, and glasses.
Open plan dining and lounge comes with dining table and 4 chairs, 3 bar stools.
Lounge suite includes couch, glass coffee table, black and white rug, armchair, 42" HD LED TV plus TV unit.
Outdoor entertaining deck comes with 6-seater table and chairs.
Extra-large ceiling height with top floor apartments.
Ducted Air-conditioning throughout
Secure parking and visitor parking
Intercom security
Lift access to each floor
In-house gym, club lounge and swimming pool on Level 2
Building management office on ground floor
Brisbane City Council Rates $386.85 per quarter
Body Corporate Fees: $4,500.06 per annum
Previously rented from $650 p/w for long terms leases.
Available now and ready to either move straight in or rent out.
Built in 2016.
Summing up -
$650/wk combined current rental return $33,800 (52 weeks)
Minus expenses
- Annual Rates BCC $1,547.40 Approx
- Annual Body Corporate fees $4,500.06 (accurate at time of advertisement)
- Annual Water Fees $1,958.28 Approx - Without charging the tenants water usage
$25,794.32/year earning Approx going off current bills.
Located in one of Brisbane's premiere suburbs, close to public transport and opposite Toowong Village shops and river. This is a chance to secure a property in a high end area with returns. The proximity to UQ, shopping, restaurants and cafes is seeing these apartments selling fast. Do not miss out on this opportunity.
Enquire today! Please call for a private inspection.
***Furniture is optional but was rented out fully furnished in the past***
Property History for 1209/38 High St, Toowong, QLD 4066
- 22 Oct 2021Sold for $585,000
- 11 Mar 2021Listed for Sale For Sale
- 24 Feb 2017Listed for Rent - Price not available
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0About 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 7,438 properties. Over the last 5 years, Houses in Toowong have seen a 71.35% increase in median value, while Units have seen a 72.54% increase. As at 31 August 2024:
- The median value for Houses in Toowong is $1,551,262 while the median value for Units is $740,986.
- Houses have a median rent of $650 while Units have a median rent of $600.
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