OFF MARKET

9/2 Logie Street
Toowoomba City QLD 4350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 66m2
Land area: 66m2
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Property Details for 9/2 Logie St, Toowoomba City

9/2 Logie St, Toowoomba City is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 66m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
Unit
Year Built
1970
Floor Size
66m2
Land Size
66m2
Local Government
Toowoomba Regional
Lot/Plan
9/BUP11187

Last Listing description (January 2024)

Welcome to Unit 9, 2 Logie Street-a sanctuary in the heart of Toowoomba City. Nestled in a quiet complex, this spacious two-bedroom unit is a stone's throw from key city landmarks, setting a new standard for affordable urban living for both first-time buyers and savvy investors.

Quick Features:

- Potential 6.5%+ gross return on investment on offer!

- Single level unit, located on the second level
- Covered entrance patio
- 2 good sized carpeted bedrooms, each fitted with built-in robes
- Spacious open plan living area
- Centrally located kitchen equipped with an electric stove, single bowl sink plus plenty of bench space and cupboards
- Neat and tidy bathroom home to a shower and generous vanity
- Separate toilet for added convenience
- Internal laundry with single wash tub
- Security screens fitted to doors and windows
- NBN connection
- Single vehicle carport
- Stable rental income of $275 per week secured until February 2024
- Recently rent appraised at $300 - $310 per week

When it comes to location, you couldn't ask for better. With Queen's Park, Cobb + Co Museum, an eclectic mix of cafes and dining spots, and Grand Central Shopping Centre all within walking distance, you'll never run out of things to do over the weekend. Weekday life is also simplified with quick access to Tafe, Toowoomba CBD, and the Mills Precinct.

The unit itself is a masterpiece of practical design. Featuring two large, carpeted bedrooms with ample closet space and a vast communal living area. The kitchen, positioned at the heart of the home, is fitted with an electric stove, single bowl a sink and copious storage and counter space. The bathroom is streamlined for quick mornings, complete with a standalone shower and generous vanity. A separate toilet and an internal laundry make this unit a self-reliant living space.

The front patio is the perfect nook for your morning brew, and the allocated carport near the unit adds an extra layer of privacy and security. The complex itself is impeccably managed and has a harmonious mix of residents and renters.

Investor Alert: Due to its enviable location, this unit maintains a steady renter interest. The property is currently rented for $275 per week, with the lease expiring in February 2024. Our property management team has recently appraised the property at $300 - $310 per week, subject to market conditions.

Quarterly Body Corporate fees stand at an approximate $597.31 ($546.20 after discounts).

Don't hesitate, properties like this are snapped up quickly. For your convenience, Team Elevate is available 7 days a week to arrange your private viewing.

General rates: currently $1,061.88 net per half year
Water rates: currently $314.95 net per half year plus consumption

Property Built: Approx. 1970's

Property History for 9/2 Logie St, Toowoomba City, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$223,000
09 Nov 2023
Listed for Rent
$200/w
28 Jul 2019
  • 09 Nov 2023
    Sold for $223,000
  • 24 Oct 2023
    Listed for Sale UNDER CONTRACT
  • 05 Jul 2019
    Listed for Rent - Price not available
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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 25 properties listed for sale, and 117 properties listed for rent in Toowoomba city on OnTheHouse. According to CoreLogic's data, 111 properties were sold in the past 12 months in Toowoomba city.

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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.