33 Isabel StreetToowoomba City QLD 4350
Property Details for 33 Isabel St, Toowoomba City
33 Isabel St, Toowoomba City is a 7 bedroom, 4 bathroom Unit with 3 parking spaces. The property has a land size of 964m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
Last Listing description (December 2022)
Inner City Triplex on an enormous 964m2 allotment, just meters from commercial zoning and situated at the end of a cul-de-sac - Welcome to 33 Isabel Street, Toowoomba City. Investment opportunities like this do not come up often, the current owner has held this property for just under 40 years with the current tenants of each unit being in each property for 18 years, 15 years and 10 years respectively. Whether you're looking for a high cash flow addition to your investment portfolio, a large inner city allotment you can land bank whilst again bringing in good cash flow or simply looking to invest in one of the country's highest growth locations, 33 Isabel Street will tick all the boxes.
Each unit offers:
Unit 1 - Ground level
- Bathroom with shower, toilet and laundry in one
- Single bay carport
- Open living and dining space with direct access to the backyard
- Functional kitchen with electric cooktop and oven, servery window to the dining space and good amount of storage
- High ceilings throughout
- Security screens to all windows and doors
* Current Rental Appraisal: $260-$280 per week
* Current lease until 27/02/23
Unit 2 - Upper level
- Two bedrooms, both with built in wardrobes
- Renovated bathroom with shower, toilet and laundry in one
- Single bay carport
- Open living and dining space with views across the city
- Functional kitchen with electric cooktop and oven, servery window to the dining space and good amount of storage
- High ceilings throughout
- Security screens to all windows and doors
* Current Rental Appraisal: $270-$290 per week
* Current lease until 18/04/23
Unit 3 - Ground level
- Three bedrooms, all with built in robes and the master with ensuite and air-conditioning
- Two renovated bathrooms, the ensuite with large shower, toilet and basin and the main bathroom with the same configuration however boasting the laundry also
- Single bay carport
- Two living spaces including the main family space with reverse cycle air-conditioning and an abundance of natural light. The secondary living is ideal for a media room, sewing room or alternately could be used as a fourth bedroom with the addition of some internal doors
- The generous kitchen boasts natural gas cooktop, electric wall oven, ample bench space and a small breakfast bar
- North/East facing private covered alfresco
- High ceilings throughout
- Security screens to all doors and majority of windows
* Current Rental Appraisal: $390-$410 per week
* Current lease until 06/01/23
The property boasts a small garden shed on brick slab, two rainwater tanks and a large North facing backyard. The rear fence adjoins some of our city's most prevalent businesses on Russell Street showing just how close this property is to our CBD. The location offers walking distance to Grand Central Shopping Center, Laurel Bank Park, St Marys College and of course the CBD.
* All three tenancy's are coming to lease renewals
* Rates: $2,450.03 Per half year
* Water Rates: $349.55 Per half year
* Current yearly rental income: $45,760
** Future rental income as of April 2023: $48,880
A once in a lifetime opportunity awaits. We anticipate the next owner of this property will most likely hold onto this one for just as long as the previous owner. Act Now!
To arrange an inspection please contact Matt Hawkins on 0423 120 232 or send your enquiries to matt.hawkins@ngu***
Property History for 33 Isabel St, Toowoomba City, QLD 4350
- 06 Dec 2022Sold for $950,000
- 23 Nov 2022Listed for Sale Offers To Purchase Ending 6th December, 2022
- 18 Mar 1986Sold for $98,000
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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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