OFF MARKET

303/21 Patrick Lane
Toowong QLD 4066

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 65m2
Land area: 103m2
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Property Details for 303/21 Patrick Lane, Toowong

303/21 Patrick Lane, Toowong is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 103m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2004
Floor Size
65m2
Land Size
103m2
Local Government
Brisbane
Lot/Plan
303/SP149560

Last Listing description (September 2023)

Highly demanded location, beautiful river views and excellent convenience is what this apartment is all about! In a prime position only a few minutes' walk to Toowong Village and Wesley Hospital, it's hard to find a spot in Toowong better suited to a busy lifestyle than this. An option to rent out short term or long term, with a well balanced mix of owners occupiers and renters in the building and on-site management - this well looked after building is a set and forget investment.

With a great layout, providing separation between the two bedrooms and generous living proportions throughout, this is an ideal lock and leave home or investment. An open plan living, dining and kitchen area with easy care timber flooring throughout, well connected to the spacious covered balcony boasting panoramic river views. Two bedrooms with new carpets, master with walk in robe and ensuite, as well as direct access to the balcony. This is a home or investment opportunity not to be missed! Features include:

Spacious air-conditioned open plan layout with stylish timber flooring throughout

Two generous sized bedrooms, master with ensuite and direct balcony access
Large entertainers' balcony with panoramic river views
Kitchen with stone benchtops and gas cooktop
Rental estimate $670 - $700 per week
Currently in the casual letting pool, allowing owners the flexibility to enjoy a mini break
Acoustic grade tinted windows throughout
Situated just 200m from The Wesley Hospital & Regatta Hotel, 700m to Toowong Village
Reliable public transport options nearby include bus, CityCat , and train all within 10 minute walk
3km to the University of Queensland & 4km to QUT Gardens Point
Quick and easy access to the CBD
Amenities such as a Pool, Gym, on-site manager and secure parking
Easy walk to an excellent selection of charming caf's and restaurants
Body Corp - $1,577 p/qtr, plus additional levy $401 p/q
BCC Rates - $452.50 p/qtr for investors, less for owner occupiers
Sinking Fund Balance - $547,916 at 1/8/23

Property History for 303/21 Patrick Lane, Toowong, QLD 4066

A timeline of how this property has performed in the market
Last Sold
$620,000
11 Aug 2023
Listed for Rent
$435/w
24 Apr 2018
  • 11 Aug 2023
    Sold for $620,000
  • 07 Aug 2023
    Listed for Sale For Sale
  • 09 Feb 2021
    Sold for $425,000
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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 7,438 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.
There are currently 49 properties listed for sale, and 61 properties listed for rent in Toowong on OnTheHouse. According to CoreLogic's data, 363 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.