708/21 Patrick LaneToowong QLD 4066
Property Details for 708/21 Patrick Lane, Toowong
708/21 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 83m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Toowong in the last 12 months.
Last Listing description (June 2017)
Averaging $711/week rent over last 5 years Will be sold!
This fully-furnished one bedroom apartment is sure to please with its panoramic river and city view and its tip-top location approximately a five minute walk to bike tracks, the CityCat, the river, the train station, QUT, UQ, the Wesley Hospital and all of Toowong's amenities. The options are yours: keep it in the rental pool and reap the rewards - the numbers absolutely work! Live in it and enjoy the amenities: the pool, gym, secure complex; and the spectacular position. Or do both: live in it and block out times when you are away, to have it rented, hassle-free, by on-site management. This is opportunity knocking. Our interstate investor s instructions are clear: we are selling!
This apartment would also be an excellent investment opportunity. In 2015-2016 financial year, this unit was occupied 363 out of 365 days and grossed a terrific $37,748.
Features:
One bedroom apartment with built-in robes
Excellent views of city and river from living/dining and the North-easterly balcony
Open plan kitchen with stone benchtops, ample cupboards, gas cooktop, oven, dishwasher and microwave
Air conditioned open-plan living/dining
Separate laundry with dryer and washing machine
Two-way bathroom features shower in bath, WC and vanity with stone benchtops
Generous bedroom with double mirrored built-in robes
5 min walk to bike tracks, the CityCat, the river and train station
82 units in the complex.
Property History for 708/21 Patrick Lane, Toowong, QLD 4066
- 02 May 2024Sold for $450,000
- 14 Sep 2016Sold for $355,000
- 03 Sep 2016Listed for Rent - Price not available
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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 7,380 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.
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