SOLD
Sold on 06 Feb 2024 for $1,600,000

111 Neil Street
Toowoomba City QLD 4350

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1859m2
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Property Details for 111 Neil St, Toowoomba City

Building Type
Commercial
Land Size
1859m2
Local Government
Toowoomba Regional
Lot/Plan
22/SP249039

Last Listing description (September 2019)

Located in the perfect pocket of the CBD, 111 Neil Street is conveniently located just a few minutes from Grand Central & all the cities conveniences. Prime positioning for a new development!Features Include:- Large 1,859sqm flat block with 6 Storey height potential- High exposure CBD location with 2 street frontages to Neil & Silverwood Street- The zoning of Mixed Use City South Precinct allows uses including retail, bulky goods showroom, business, service industry, low impact industrial and residential development (STCA)- Capitalise on the Toowoomba and the Surat Basin region, which is currently experiencing an influx of major infrastructure developments totaling in excess of $13 billionThis property is being offered for sale via Expressions of Interest.Accelerating Success. For more information or to arrange an inspection please contact Dan Dwan of Colliers International Toowoomba.

Property History for 111 Neil St, Toowoomba City, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$1,600,000
06 Feb 2024
  • 06 Feb 2024
    Sold for $1,600,000
  • 04 Jul 2019
    Sold for $1,100,000
  • 07 Mar 2019
    Listed for Sale Expressions of Interest
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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, 109 properties were sold in the past 12 months in Toowoomba city.

Suburb Insights for Toowoomba City 4350

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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.