SOLD
Sold on 15 Apr 2024 for $1,130,000

136 Bridge Street
Toowoomba City QLD 4350

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 898m2
Sold By
Colliers Toowoomba
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Property Details for 136 Bridge St, Toowoomba City

Building Type
Commercial
Land Size
898m2
Local Government
Toowoomba Regional
Lot/Plan
21/RP16617

Last Listing description (May 2024)

Colliers Toowoomba is proud to present 136 Bridge Street, Toowoomba to the market for sale via Public Auction on Tuesday 26th of March 2024 at the Colliers Office, 171 Hume Street, Toowoomba City commencing at 5:45pm.

This prime east side tenanted investment offers a fantastic opportunity to a multitude of buyers being perfect for investors, owner occupiers and avid developers alike.

Key Features:
- Net Lettable Area of approximately 167m2
- Providing a current passing income of $45,018 gross per annum.
- The current vacancy of 45m2 provide additional income potential or an opportunity for the owner/occupier.
- Prime corner location between Hume Street and Ruthven Street, on the fringe of Toowoomba CBD
- Surplus land area providing opportunity to further develop site (subject to council approval)

Opportunity to purchase in a well sought after and tightly held suburb - don't miss your opportunity to secure this asset in one of the fastest growing regions in Australia!

Accelerating success. For more information or to arrange an inspection, please contact the exclusive marketing agents Dan Dwan or Clem Killen of Colliers Toowoomba.

Property History for 136 Bridge St, Toowoomba City, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$1,130,000
15 Apr 2024
  • 15 Apr 2024
    Sold for $1,130,000
  • 29 Feb 2024
    Listed for Sale For Sale via Public Auction
  • 29 Nov 2021
    Listed for Sale Sold
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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 2,353 properties. Over the last 5 years, Houses in Toowoomba City have seen a 69.70% increase in median value, while Units have seen a 42.39% increase. As at 31 July 2024:

  • The median value for Houses in Toowoomba City is $572,970 while the median value for Units is $418,284.
  • Houses have a median rent of $490 while Units have a median rent of $350.
There are currently 25 properties listed for sale, and 113 properties listed for rent in Toowoomba city on OnTheHouse. According to CoreLogic's data, 113 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.