OFF MARKET

3/50 High Street
Toowong QLD 4066

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 55m2
Land area: 75m2
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Property Details for 3/50 High St, Toowong

3/50 High St, Toowong is a 1 bedroom, 1 bathroom Unit and was built in 2006. The property has a land size of 75m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
2006
Floor Size
55m2
Land Size
75m2
Local Government
Brisbane
Lot/Plan
3/SP153619

Last Listing description (October 2021)

This is the first one bedroom in the complex to hit the market since 2006 and that shows they've performed well for their owners returning strong yields, extremely low vacancy rates and capital growth.

This first-floor apartment has recently been painted and carpeted, is furnished and ready to go! A new tenant has already signed a 12 month lease which is due to start in November for $340 per week! Positioned down the road from the Toowong Village you have quick access to trains and busses to the city plus there's the option to catch a CityCat into the CBD!


With the long awaited 'Aviary' development getting underway across the road at the old Toowong Woolworths site you're sure to benefit from the $450m project which will include a cinema, a host of new food & shopping options plus a large open-air public space that will lift the appeal of the Toowong business district.

Features:
Recently painted and carpeted
Apartment will be sold fully furnished
Modern finish with nothing left to do
Tiled balcony, large enough for entertaining
Affordable inner-city property
Secure entrance
Complex painted last year
On-site visitor parking
Across the road from Toowong Village
Close to trains, busses and the CityCat
Low maintenance

BCC: $416 per quarter
Body Corp: $2,588.4 per year
- $1294.2 Admin Approx
- $1294.2 Sinking Approx
Sinking fund: $39,600
Current Lease: $300 P/W till 23/11/22
Next Lease: $340 P/W till 30/11/22
Built: Circa 2003
Units in Complex: 20
Size: 70m2

Property History for 3/50 High St, Toowong, QLD 4066

A timeline of how this property has performed in the market
Last Sold
$265,000
22 Sep 2021
Listed for Rent
$340/w
23 Sep 2021
  • 22 Sep 2021
    Sold for $265,000
  • 01 Sep 2021
    Listed for Rent $340 / week
  • 06 Nov 2020
    Listed for Rent $300 / week
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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 38 properties listed for sale, and 55 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.