5/12 Patrick Lane, Toowong is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Apartment sold in Toowong in the last 12 months.
Yes, you read that right, our owner who has held since first purchased in 1979 reluctantly must let this one go. Priorities have shifted and our owner will require a sale at auction of their beloved River Garden apartment.
River Garden is one of Toowong's most popular buildings and it's easy to see why. You're right in the thick of it here with easy access to Toowong and all it has to offer and will offer in the near future and you're only 2.7km to the CBD as the crow flies.
Inside you will see the property is largely original which is where the value will lie for the right buyer. For those looking for a project or even if you're looking to get into this market at a sharper price then you absolutely need to come along. Maybe you just enjoy the retro touches! Did you spot the mirror tiles?
The good thing here is that there's space. That's something you can't generate when buying an apartment and we have plenty of it here, take a look at our floorplan.
Features:
One of the northmost Toowong complexes along the river
Generous main bedroom with ensuite
Single car lock-up garage
Complex which features an indoor heated pool, sauna, and space in the gardens to just unwind
Ample visitor parking behind secure gate
Laundry facilities located upstairs in the main bathroom
Large kitchen with plenty of bench space
First floor, this will be important for some. From the entry there are only three steps.
Lots in the complex: 29
Year built: Circa 1978
Sinking fund: $140,000
City Council rates: $547.95/qtr
Transport
Just 300m walk to the Regatta CityCat terminal
Just 400m to the Toowong train station
The 411, 412 & 415 stop is 150m away
Schools
Toowong State School
Queensland Academy for Science Mathematics and Technology
Indooroopilly State High School
Brisbane Boy's College
St Ignatius School
Stuartholme School
Brigidine College
Somerville House
Disclaimer:
This property is being sold by auction and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.
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 77.45% increase in median value, while Units have seen a 74.54% increase. As at 31 July 2024:
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