17/60 Sherwood Rd, Toowong is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 85m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Toowong in the last 12 months.
Overlooking a stunning pool area plus outlook to the conveniently positioned Toowong Village shopping/dining precinct you will walk to in the future, this unit needs full makeover but will have its value skyrocket once full kitchen/bathroom are installed.
This beaut residence is an opportunity for a new owner to renovate with their own tastes and style. Encompassing 2 comfortable bedrooms with built-in space master with en-suite, second bathroom, internal laundry nook and open plan kitchen/lounge/ dining with S/S A/C opening to the fantastic, covered deck, this opportunity should not be overlooked.
An assigned garage space with safe remote access, lovely BBQ/pool area to enjoy within the well-maintained "The Village Toowong" community with part-time on-site managers are also included.
Having shops, restaurants, Brisbane Boys College, UQ campus, train station and bus stops on your doorstep along with being in Toowong Primary/Indooroopilly High school catchment and only a few klms to the city, you couldn't find a better location.
This walk-up unit with plenty of visitor parking and reasonable body corporate fees is amongst 40 in the complex and will suit first home owners or investors aiming to resurrect the property and remodel with their own personal flare and features.
Lot: 17 SP: 118037 Brisbane City Council
Rates: $402 qtrly (approx. with no discounts or water charges)
Body Corporate Fees: $1,122 Admin & $132 Sinking Funds (approx. per quarter)
Total Funds Held in Admin/Sinking Fund Trust (as of 9th July, 2024) = Approx. $131,000
Compliant smoke alarms have been installed.
Auction Terms: Cash, Unconditional-5% deposit via EFT/CHQ on auction day-42 day settlement (lesser timeframe can be requested after purchase).
*NO OFFERS CONSIDERED PRIOR TO PUBLIC AUCTION NOR ARE PRICE EXPECTATIONS APPROVED TO BE CONVEYED* As per legislation governed by 2014 Property Occupations Act, we cannot disclose price expectations for sales via public auction in QLD.
**ALL OTHER INSPECTIONS BY APPOINTMENT (B&P may be arranged after first advertised open inspection-have your chosen organisation contact QPT to make appt).**
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 7,375 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:
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