14 Taylor StreetToowoomba City QLD 4350
Property Details for 14 Taylor St, Toowoomba City
14 Taylor St, Toowoomba City is a 8 bedroom, 5 bathroom Unit with 5 parking spaces and was built in 1970. The property has a land size of 809m2 and floor size of 350m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (October 2023)
This is as stable an investment as you will find! 5 units within 'strolling distance' of the CBD, 14 Taylor St represents an opportunity not to be missed. Tenant friendly, conveniently located and well maintained, these units are always popular when they come available which is not often.
The complex comprises 2 x one bedroom units and 3 x 2 bedroom units. Progressively updated over time, units 1 - 4 are all in very good condition with only unit 5 requiring some works once the current tenant moves on. All wet areas are updated and well maintained and new hot water systems have been installed over the last few years. All but one unit is air-conditioned. There is also very good scope to increase the return over the coming months.
In short:
2 x 1 bedroom units and 3 x 2 bedroom units fully tenanted
Very neat & tidy complex which is very well maintained throughout
Stroll to CBD
Units 1-4 have air conditioning
All units have security screens and security doors
All new hot water systems in last few years completed under a maintenance program
Popular with tenants and rarely come vacant
Scope for greater returns over the coming months
Currently returning $65 520 pa gross potential to increase to in excess of $73 000 in today's market
2 lots on 1 title
809m2 corner block
Attractive setting with tidy gardens.
An absolute 'gem' of an investment that would complement any portfolio, or is it maybe the passive income you have been looking for??? Only an inspection will truly reveal the potential and the value. For full details please contact Lachlan Evans on 0418185220 or the office on 46392222.
Property History for 14 Taylor St, Toowoomba City, QLD 4350
- 25 Sep 2023Sold for $1,200,000
- 14 Sep 2023Listed for Sale Offers Invited
- 24 Nov 2010Listed for Rent - Price not available
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0About 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 2,360 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.
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