37 Hill StreetToowoomba City QLD 4350
Property Details for 37 Hill St, Toowoomba City
37 Hill St, Toowoomba City is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 455m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Last Listing description (June 2022)
THIS WHOLE DUPLEX is set on valuable INNER-CITY LAND, corner Hill St & Park Lane beside beautiful Laurel Bank Park - LITERALLY 200 METRES to major Grand Central Shopping Centre!
I SAID: ' Duplex on inner-city corner land !!! '
HERE, it's all about the LOCATION VALUE OF THE LAND and continued likely CAPITAL GROWTH.
INVESTOR QUICK GLANCE:
- 2 x 2 bedrooms Units, each with 1 bathroom & 1 internal garage
- Gross weekly rent $490.00/wk TOTAL
::: When leases end, we suggest you increase rent by $100.00 PER WK TOTAL
- Projected gross return 5.58% p.a. annual rent yield based on Offers Over price
- Current gross return 4.64% p.a. annual rent yield based on Offers Over price
- Unit 1 currently leased at $245.00/wk until 30 September, 2022
- Unit 2 currently leased at $245.00/wk until 1 October, 2022
::: Market Tip: INCREASE by $50 per wk each when leases end !!!
- Get whole title = zero body corp fees
- Recent Rates: Approx $1,500.00 net 1/2 yr
- Recent Water Access: $400.00 net 1/2 yr + use
WHY IS THIS your golden opportunity?
- Set on a 455 SQ MTR corner allotment
- 10 ft ceilings to each Unit
- Built-in robes to 2 x 2 bedrooms
- Unit 1 presented with VJ walls, charming character, updated kitchen with electric cooking, lovely deck off extra-large living area, reverse-cycle air conditioning to living area, garden shed and water tank
- Unit 2 offers a spacious updated kitchen, open plan living, air conditioning and TWO toilets for added value
- Security screens to entire duplex
- Internal access from each single garage
- Internal laundry to each unit
CENTRAL, CENTRAL with everything nearby:
- Wow! Opposite Laurel Bank Park
- 200m to major Grand Central Shopping Centre
- 1.3km to Toowoomba North Primary School
- 3km to Harristown High School
THIS DUPLEX ON VALUABLE LAND is all about the LOCATION VALUE OF THE LAND and the continued likely CAPITAL GROWTH.
ALSO SHOWING capacity to increase rent very soon!
THIS is your opportunity to add a RARE CORNER allotment DUPLEX beside park in the INNER-CITY to your investment portfolio.
FOR YOUR CONVENIENCE, The Jacqui Walker Sells Team is standing by to answer your questions or schedule your inspection. GET THIS VALUABLE LAND WITH DUPLEX NOW!
*****USEFUL INFO courtesy Jacqui Walker Sells:
- Location: Corner Hill Street & Park Lane
- Orientation to Hill Street: South
- Orientation to Park Lane: West
- Allotment Size: 455m2, corner
- Allotment Dimensions: 12.1m deep x 39.4m long
- 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.
Property History for 37 Hill St, Toowoomba City, QLD 4350
- 18 May 2022Sold for $558,000
- 29 Apr 2022Listed for Sale Offers Over $549,000
- 05 Feb 2020Listed for Sale Offers Over $499,000
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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 2,354 properties. Over the last 5 years, Houses in Toowoomba City have seen a 77.11% increase in median value, while Units have seen a 72.57% increase. As at 31 October 2024:
- The median value for Houses in Toowoomba City is $602,314 while the median value for Units is $461,135.
- Houses have a median rent of $493 while Units have a median rent of $350.
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