SOLD
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Sold on 14 Jun 2024 for $1,250,000

24/16 Patrick Lane
Toowong QLD 4066

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 140m2
Land area: 184m2
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Property Details for 24/16 Patrick Lane, Toowong

24/16 Patrick Lane, Toowong is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 184m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom Unit sold in Toowong in the last 12 months.

Building Type
Unit
Floor Size
140m2
Land Size
184m2
Local Government
Brisbane
Lot/Plan
24/BUP104173

Last Listing description (June 2024)

Experience urban luxury at 24/16 Patrick Lane, Toowong QLD. This immaculate spacious home in 'The Regis Apartments' is perfect for downsizers, professionals, and investors alike.

With Brisbane River views and a prime location near the Regatta Hotel, this residence offers a vibrant lifestyle without sacrificing space. The open-plan living and dining areas are filled with natural light and flow gracefully out to the generous terrace, creating the perfect balance of indoor / outdoor living.

The large, covered terrace provides exceptional entertaining spaces with stunning views, ideal for hosting guests or simply just relaxing. The apartment features three bedrooms, all with built-in robes. The segregated master bedroom features its own ensuite with a shower over the bath and direct access to the terrace balcony. The third bedroom also has access to a private enclosed terrace, ideal for a serene study or sitting room.

Residents of the Regis Apartments enjoy an in-ground pool, spa, and sauna as well as tranquil communal sitting areas.

Dual car garaging is included, but with the Bicentennial Bikeway, bus stops, and City Cat terminal at your doorstep, you might not need a car. Toowong Village, Wesley Hospital, and numerous dining options are just minutes away.

Key features include:

- Spacious open-plan living and dining with stunning views
- Well-appointed kitchen with stainless-steel appliances
- Large, covered wrap-around terrace
- Three bedrooms, two with direct access to the terrace
- Master bedroom with ensuite
- Third bedroom with private enclosed terrace – the perfect study
- Dual car lock-up garaging, residents' pool, spa, and sauna
- Close to Toowong Village, Regatta Hotel, public transport, and dining
- School catchments for Toowong State School & Indooroopilly State High School
- Rates: $1,544 / annually
- Rental Estimate: $950 - $1,000 / weekly
- Body Corp: $13,196 / annually

Enjoy the best of Brisbane’s urban lifestyle in this exceptional apartment!

Property History for 24/16 Patrick Lane, Toowong, QLD 4066

A timeline of how this property has performed in the market
Last Sold
$1,250,000
14 Jun 2024
  • 14 Jun 2024
    Sold for $1,250,000
  • 05 Jun 2024
    Listed for Sale $1,250,000
  • 22 May 2004
    Sold for $485,000
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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 58 properties listed for sale, and 53 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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Rob Watson
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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.