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Sold on 08 Dec 2023 for $595,100

1 Park Lane
Toowoomba City QLD 4350

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 610m2
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Property Details for 1 Park Lane, Toowoomba City

1 Park Lane, Toowoomba City is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 610m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 4 bedroom House sold in Toowoomba City in the last 12 months.

Building Type
House
Land Size
610m2
Local Government
Toowoomba Regional
Lot/Plan
3/RP89510

Last Listing description (December 2023)

- Front covered patio
- 3 good sized carpeted bedrooms each fitted with built-in robes
- Light filled sunroom

- Spacious carpeted lounge room boasting reverse cycle air-conditioning
- Generous kitchen equipped with electric cooktop, electric oven, rangehood and dishwasher, plus also featuring, single bowl sink, amply bench space and cupboards and a central island bench
- Additional rumpus room, a perfect place for the teenagers to enjoy or family games and movie nights
- Updated family bathroom home to both a separate bath and shower
- Separate toilet for extra convenience
- Good sized laundry with 2 wash tubs and built-in cupboard
- Security screens fitted to doors and some windows
- Timber style flooring to the kitchen and dining area
- Granny flat including 2 good sized carpeted rooms plus a shower and toilet - use as guest accommodation, room for the teenagers or bring the extended family under the same roof
- Covered outdoor entertainment area overlooking the central grassed area
- Rainwater tank
- Low maintenance 610m2 corner allotment
- Double lock up garage
- Currently rented at $450 per week until 25th January 2024
- Rent appraised at $550 per week

Welcome to 1 Park Lane, a beautifully designed family home just 350 metres from the Grand Central Shopping Centre, offering the epitome of urban convenience. Step into a welcoming front patio that sets the tone for relaxed family living. The home boasts three well-proportioned, carpeted bedrooms, each with built-in robes, ensuring space and privacy for everyone.

As you move further inside, you're greeted by a light-filled sunroom, an ideal setting for quiet afternoons or creative pursuits. The spacious lounge room, carpeted and fitted with reverse-cycle air conditioning, serves as the heart of the home, perfect for family gatherings or movie nights. Adjacent to it lies the generous kitchen, equipped with modern conveniences such as an electric cooktop, oven, rangehood, and dishwasher. The kitchen also features a single bowl sink, abundant counter space, and plenty of cupboards, crowned by a central island bench that can serve as a breakfast nook or additional prep space.

The home offers even more room for entertainment with an additional tiled rumpus room, a perfect sanctuary for teenagers or a venue for family game nights. The updated family bathroom is practical and elegant, featuring both a separate bath and shower, along with a sizeable vanity. Adding to the home's practicality is a separate toilet and a functional laundry room, complete with two wash tubs and built-in storage. For added security, screens have been fitted to doors and select windows. The dining area and kitchen are adorned with stylish timber-like flooring, adding a touch of sophistication to daily living.

But that's not all; this home comes with a 2-bedroom granny flat, complete with its own shower and toilet. This flexible space can be used as guest accommodation, a teenager's retreat, or even to bring extended family under one roof. Outdoor living is equally inviting with a covered entertainment area overlooking a central, grassed space ideal for weekend barbecues or relaxed evenings. The property also features a rainwater tank, all set on a low-maintenance 610m2 corner allotment with a secure double garage.

Investors - The property is currently rented for $450 per week, with the lease expiring on 25th January 2024. Our property management team has recently appraised the property at $550 per week, subject to market conditions.

Don't miss this rare opportunity for comfortable family living in a coveted location. Call today to arrange your exclusive viewing.

General rates: currently $1,250.41 net per half year
Water rates: currently $314.95 net per half year plus consumption

Primary school state catchment: Toowoomba North State School
High school state catchment: Harristown State High School

Home Built: 1955

Property History for 1 Park Lane, Toowoomba City, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$595,100
08 Dec 2023
Listed for Rent
$450/w
18 Jul 2023
  • 15 Nov 2023
    Sold for $595,100
  • 30 Oct 2023
    Listed for Sale UNDER CONTRACT
  • 07 Jul 2023
    Listed for Rent $450 / week
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About Toowoomba City 4350

The size of Toowoomba City is approximately 2.7 square kilometres. It has 9 parks covering nearly 3.8% of total area. The population of Toowoomba City in 2011 was 2,200 people. By 2016 the population was 2,093 showing a population decline of 4.9% in the area during that time. The predominant age group in Toowoomba City is 20-29 years. Households in Toowoomba City are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Toowoomba City work in a professional occupation. In 2011, 35.7% of the homes in Toowoomba City were owner-occupied compared with 34.4% in 2016.

Toowoomba City has 2,348 properties. Over the last 5 years, Houses in Toowoomba City have seen a 77.09% increase in median value, while Units have seen a 55.12% increase. As at 30 September 2024:

  • The median value for Houses in Toowoomba City is $591,936 while the median value for Units is $440,768.
  • Houses have a median rent of $490 while Units have a median rent of $350.
There are currently 29 properties listed for sale, and 115 properties listed for rent in Toowoomba city on OnTheHouse. According to CoreLogic's data, 111 properties were sold in the past 12 months in Toowoomba city.

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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.