505/21 Patrick LaneToowong QLD 4066
Property Details for 505/21 Patrick Lane, Toowong
505/21 Patrick Lane, Toowong is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 80m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (October 2023)
Don't miss out on this perfect inner-city oasis located in the heart of Toowong. Whether you're a first-time buyer or looking to expand your investment portfolio, this gorgeous oneo-bedroom apartment offers an exciting opportunity. Designed with a contemporary aesthetic and a focus on urban living, it provides a city feel without the high price tag.
This one-bedroom apartment is set on the 5th level of Inn on the Park Apartments.
Featuring modern amenities and a spacious layout, this stunning apartment is sure to impress.
The key features include:
-Expansive living and dining area seamlessly connected to a balcony, ideal for entertaining
-Well-appointed kitchen with stone benches, stainless steel appliances, ample storage, and dishwasher
-Spacious bedroom with built-in wardrobe, and ceiling fan.
-Adjoining large covered balcony with glass sliding doors, offering attractive views and ample space for outdoor entertaining
-Air-conditioning in the living room
-Secure basement-level car park with lift access and additional visitor parking
-Access to the in-ground pool and Gym.
This apartment presents an excellent opportunity for professionals, downsizers, and investors, with a strong rental return and low vacancy rates.
The current lease ends on 13 May 2024, with a rental income of $520 per week.
Location-wise, this apartment offers convenience and accessibility:
-Just 3km from Brisbane CBD, 500m from Wesly Hospital
-A short stroll to Toowong Village, Local Parks, Schools and cafes, and dining options
-Wesly Hospital only 500m.
-Rail and bus services within walking distance
-Easy access to walk/bike ways leading to Brisbane River.
-A variety of quality schools located nearby
For further information or to arrange an exclusive viewing, please contact Fiona on 0451 993 718.
Disclaimer:
We have taken great care to ensure the accuracy of the information provided in this advertisement, but we accept no responsibility for any errors, omissions, inaccuracies, or misstatements. Prospective purchasers should conduct their own inquiries to verify the details provided in this advertisement.
Property History for 505/21 Patrick Lane, Toowong, QLD 4066
- 02 Oct 2023Listed for Sale Not Disclosed
- 16 Aug 2023Sold for $400,000
- 31 Mar 2017Sold for $325,000
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0About 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 77.45% increase in median value, while Units have seen a 74.54% increase. As at 31 July 2024:
- The median value for Houses in Toowong is $1,587,459 while the median value for Units is $737,395.
- Houses have a median rent of $690 while Units have a median rent of $600.
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