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Sold on 19 Dec 2024 - Price Unavailable

2/116 West Street
Toowoomba City QLD 4350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 2/116 West St, Toowoomba City

2/116 West St, Toowoomba City is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom Unit sold in Toowoomba City in the last 12 months.

Building Type
Unit

Last Listing description (December 2024)

On the edge of the CBD, close to the picturesque Laurel Bank Park and within walking distance of Clifford Gardens Shopping Centre and the Base Hospital, this spacious unit offers an outstanding investment opportunity.

Always in demand and rarely vacant, this low-maintenance property provides a reliable return and has been a proven performer over the years. Currently tenanted by long-term residents for over four years who are keen to stay on, it delivers a steady income of $320 per week on a fixed-term lease until April next year.

The unit’s layout is impressively spacious, featuring a separate lounge with brand new carpet and an updated kitchen and dining area overlooking the rear outdoor space. Both bedrooms come with built-in robes and ceiling fans, providing comfort and practicality. The generous bathroom has been updated with a modern shower, and the property is equipped with security screens and doors for added peace of mind. A single carport at the front ensures convenient parking.

In summary:
• Prime location on the edge of the CBD, within walking distance to Clifford Gardens and the Base Hospital
• 2 bedrooms with built-in robes
• Separate lounge with brand new carpet
• Updated kitchen and spacious dining area
• Modernized bathroom with updated shower
• Ceiling fans throughout, security screens and doors
• Single carport
• Tenanted until April 2025 at $320 per week
• Long-term tenants eager to stay
• Close proximity to Laurel Bank Park
• Low-maintenance and tidy investment property

Whether you’re a first-time investor looking to enter the market or seeking to expand your current portfolio, this property is sure to impress. Its prime location drives high demand and ensures minimal vacancy rates. Inspections are strictly by appointment, with statutory notice periods applying. Contact Lachlan Evans today to arrange your viewing—don’t miss out on this excellent investment opportunity. In today’s competitive market, blink and it could be gone!

Property History for 2/116 West St, Toowoomba City, QLD 4350

A timeline of how this property has performed in the market
Last Sold
19 Dec 2024
Listed for Rent
$235/w
05 Nov 2019
  • 19 Dec 2024
    Sold
  • 07 Nov 2024
    Listed for Sale Offers Over $299,000
  • 07 Oct 2019
    Listed for Rent $234 / 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 2,365 properties. Over the last 5 years, Houses in Toowoomba City have seen a 86.79% increase in median value, while Units have seen a 73.96% increase. As at 30 November 2024:

  • The median value for Houses in Toowoomba City is $628,508 while the median value for Units is $432,127.
  • Houses have a median rent of $490 while Units have a median rent of $350.
There are currently 26 properties listed for sale, and 115 properties listed for rent in Toowoomba city on OnTheHouse. According to CoreLogic's data, 108 properties were sold in the past 12 months in Toowoomba city.

Suburb Insights for Toowoomba City 4350

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Contact agent
Lachlan Evans
Show contact details
McAdam and Turnbull Realty
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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.