2 Park Lane, Toowoomba City is a 4 bedroom, 2 bathroom DuplexSemi-detached with 2 parking spaces. The property has a land size of 455m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 4 bedroom DuplexSemi-detached sold in Toowoomba City in the last 12 months.
CHAN DE SILVA for The Jacqui Walker Sells Team presents this WHOLE DUPLEX corner Park Lane & Conloi Street 140 metres to beautiful Laurel Bank Park and literally 300 metres to major Grand Central Shopping Centre!
I SAID: ' Unbeatable inner-city location on a corner allotment !!! '
INVESTOR QUICK GLANCE:
- 1 x 3 Bedroom Unit, U2; and 1 x 1 Bedroom Unit, U1
- Current total weekly rent $630.00/wk
- Current gross rent yield 5.29% p.a.
- U2 with 3 Bedrooms earns $340/wk until Feb 2024
::: Our opinion of market worth is $360/wk
- U1 with 1 Bedroom earns $290/wk until Feb 2024
::: Our opinion of market worth is $330/wk
- Enact these potential increases and the yield would be 5.79% p.a.
- Get whole title = zero body corp fees
- Rates: $1,275.79 entire property net 1/2 yr
- Water Access: $350.32 net 1/2 yr
WHY is this the Duplex you must acquire?
- Set on a 455m2 CORNER allotment
- Security screens to each Unit
- Unit 2 - set on the corner-side of Conloi Street with 3 BEDROOMS - is entered thru the welcoming enclosed SUNROOM. This fabulous space leads to lovely dining area which flows to the spacious OPEN-PLAN living room. The kitchen - with electric oven and fridge space and useful cupboards - overlooks the lovely living zone. Also 3 bedrooms, each with built-in robes ... bathroom with shower and vanity ... separate private toilet ... laundry room ... handy linen/storage cupboard to dining room ... 2nd storage cupboard to hallway ... and garage. This Unit even offers some of the functions that a mobility-impaired person would require! You may be interested to know that Unit 2 was actually the original 3 Bedroom house, and some time ago, Unit 1 was added.
- Unit 1 - recognisable by its updated kitchen and bathroom with 1 BEDROOM - offers many drawcards! The professional Single or Couple will appreciate the handy CBD location; and they'll appreciate coming home at the end of a long day to the LOVELY BATHROOM with XL SHOWER, separate bathtub, 2 BASINS to vanity above plenty of drawers and cupboards. The LIGHT-FILLED, airy living room offers reverse-cycle AIR CONDITIONING - then in the kitchen, it's a large pantry, electric cooking, 2-bowl sink and all the cupboards and drawers you could wish for. Also discover the peaceful outlook from the bedroom, which features a large robe with mirrored sliding doors ... private separate toilet ... internally accessible garage with side storage cupboard and also laundry ... private front patio area ... and separate porch.
CENTRAL, CENTRAL with everything nearby:
- Lovely! 140m to Laurel Bank Park
- Wow: CBD area! 300m to major Grand Central Shopping Centre
- 1.3km to Toowoomba North Primary School
- 3km to Harristown High School
TOOWOOMBA ECONOMIC SNAPSHOT:
- Toowoomba region population approx. 170,000
- Toowoomba has a gross regional product of $11.56 billion
- Toowoomba is the gateway to the west
::: Abundant gas and oil resources
::: Significant rural wealth
- Inland city showing huge growth
::: $1.6 billion Second Range Crossing completed 2019
::: $500m QIC Grand Central Shopping Centre upgrade completed 2017
::: International Freight Airport
::: Airport Industrial Park
::: Regional Data Centre
- 80 mins drive to Brisbane, flights available
- Under 2 hour drive to Gold Coast
WITH SO MANY REASONS to say yes, all that's left to do is exactly that: SAY YES!
TO HELP YOU DO THAT, let's make a time for your Inspection. The Jacqui Walker Sells Team is standing by right now for your inquiry or call. INSPECT THIS PERFECTLY POSITIONED DUPLEX FAST!
*****USEFUL INFO courtesy of The Jacqui Walker Sells Team:
- Integrity: The doors in U1 Lounge Room are digital representations only of how those doors may look at Inspection. These photos were enhanced for marketing. You are encouraged to independently verify actual doors in this room.
- Directions: Corner Park Lane and Conloi Street
- Allotment Size: 455m2, corner
- Recent General Rates and Charges: $1,191.22 gross 1/2 yr
- Recent Water Infrastructure Charge: $314.60 net 1/2 yr + consumption
- Real Property Description: Lot 2 on RP 109734
- Local Government Area: Toowoomba Regional Council
- Internet: Each unit can connect to NBN on Fibre-to-the-Node technology, FTTN
- State School Zone: Toowoomba North Primary, P-6 and Harristown High, 7-12
- Disclaimer: All care taken, however you are encouraged to independently verify all figures, measurements & indications.
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:
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