OFF MARKET

5 Cecil Street
Toowoomba City QLD 4350

Bedrooms: 8
Bathrooms: 6
Car spaces: 6
Land area: 1429m2
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Property Details for 5 Cecil St, Toowoomba City

5 Cecil St, Toowoomba City is a 8 bedroom, 6 bathroom Unit with 6 parking spaces and was built in 1975. The property has a land size of 1429m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
1975
Land Size
1429m2
Local Government
Toowoomba Regional
Lot/Plan
1/RP120169

Last Listing description (September 2022)

SAVVY INVESTORS RECOGNISE THE VALUE OF LOCATION....RETURN...AND THE IMPORTANCE OF PRESENTATION. THIS FABULOUS UNIT BLOCK HAS THE LOT !! SITUATED ON A LARGE ELEVATED ALLOTMENT OF 1429 SQUARE METRES THE BLOCK CONSISTS OF 2 X 2 BEDROOM AND 4 X 1 BEDROOM RENOVATED SELF CONTAINED UNITS. CURRENTLY RETURNING $75,660.00 PA THE PROPERTY IS SOMEWHAT UNDERLET DUE TO LONG SERVING GOOD PAYING TENANTS. CURRENT RENTAL APPRAISAL AVAILABLE SUGGESTING AN INCOME OF OVER $80,000.00 BE EMINENTLY ACHIEVABLE. On one title with no Body Corporate fees the units feature good quality kitchens & bathrooms, carports to each unit, separate toilets, laundries and water meters. The land size should be noted adding value given the prospect of future development (STCA) being a special feature. Our sellers have owned the property for many years and it's now time to hand the property on to the next owner to enjoy capital growth driven by LOCATION...RETURN....AND PRESENTATION.
For further detail and the Information Memorandum please contact Andrew Sim 0426 582 818

Property History for 5 Cecil St, Toowoomba City, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$1,300,000
20 Jul 2022
Listed for Rent
$230/w
15 Jan 2014
  • 20 Jul 2022
    Sold for $1,300,000
  • 01 Jul 2022
    Listed for Sale For Sale
  • 24 Oct 2018
    Listed for Rent $240 / 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 2,354 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.
There are currently 27 properties listed for sale, and 113 properties listed for rent in Toowoomba city on OnTheHouse. According to CoreLogic's data, 114 properties were sold in the past 12 months in Toowoomba city.

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