Tucked away in a quiet street of Toowong, surrounded by character homes and suburban charm lies this fantastic opportunity.
This apartment has almost everything that you would look for in something of this era… superior location, ideal orientation, healthy rental return, strong capital growth over the years gone by, renovation potential, etc. and with only 5 other units in the complex this peaceful apartment will be sure to draw a crowd.
The generously planned layout offers a north to south facing living area and is infused with warm natural light, while glass sliding doors provide a seamless connection and flow to the outside balcony. The sizeable kitchen has everything you need with plenty of storage and bench space to help accommodate extensive food prep or multiple people looking to use the kitchen at the same time. Both bedrooms have built in robes and windows conveniently placed to take advantage of Brisbane’s beautiful breezes.
This is an ideal prospect for first homebuyers to gain a foothold in the property market in a sought-after neighbourhood, investors looking for a reliable rental income without compromising on potential capital growth or simply people looking for a quiet apartment in a quiet location at a fantastic price.
Convenience is king, with more facilities and variety in accommodation than you could possibly want, Toowong is a suburb that sings for the career, fitness and family-minded alike. City Cats on the River, plus frequent buses and trains – Toowong is serviced by public transport like no other location in Brisbane. Hugely popular bikeways and walkways run both to the City along the river and towards the Western suburbs, perfect for fitness fans and family rides.
Open plan lounge/dining space
North facing balcony
Bright kitchen with ample bench space
Functional bathroom appointed with bath tub
Integrated laundry facilities, single garage, established grounds
Leafy stroll to Toowong Village, cafés & restaurants
Less than 1km to Toowong Station
Short commute to The University of Queensland and the CBD
Rents for $355 per week until 17/02/2020
Generous single lock-up garage
BCC Rates: $406.9 per Quarter
Body Corporate: $3940 per Year
Sinking Fund: $38,181
|R&H Suburb Summary||Houses|
|Number of sales||65|
|Median Rental Price||$545 p.w.|
|Change in Rental Rate (5yr)||3 %|
|R&H Suburb Summary||Units|
|Number of sales||176|
|Median Rental Price||$420 p.w.|
|Change in Rental Rate (5yr)||0 %|