Back 10/16 Patrick Lane
Off Market

10/16 Patrick Lane

Toowong QLD 4066

2
2
1
Apartment
Last sold for $861,000
Bryan ReedBryan Reed, last sold this property on 19 November 2025 after 93 days on market.

Overview

"Location, Space & Potential - The Perfect Combination"

Welcome to The Regis at 16 Patrick Lane, one of Toowong's most tightly held and prestigious addresses, renowned for its friendly, welcoming community of both homeowners and tenants. Positioned on the first level, this oversized apartment offers an impressive 134m² of living space plus a lock-up garage. The light-filled open-plan living area flows seamlessly onto a massive wraparound balcony - perfect for entertaining, studying outdoors, or simply relaxing in the fresh air. Both bedrooms are spacious and include built-in wardrobes. The main bedroom opens directly onto the balcony and features its own ensuite, while the second bedroom benefits from a private balcony, providing a peaceful retreat. Whether you choose to rent it out immediately in its current condition or undertake a stylish renovation to create a modern luxury home, this property offers more floor space than most new builds - at a fraction of the price. With only 29 apartments in this boutique inner-city complex, capital growth potential is virtually assured. Residents also enjoy resort-style amenities including a tropical pool, spa, and cedar sauna, along with secure remote access and a full lock-up garage. Features: • Spacious 134m² apartment with lock-up garage • Stainless-steel cooktop & oven • Air conditioning in the living and dining area • Built-in wardrobes in both bedrooms • Main bedroom with ensuite & balcony access • Pool, spa & cedar sauna in complex • Last rental increase 11/05/24 • Rental appraisal $740-$790 P/W Location Highlights: • 400m to Regatta Hotel • 350m to Brisbane River bike/walkway • 450m to Regatta Ferry Terminal • 700m to Wesley Hospital • 650m to Auchenflower Train Station • 900m to Toowong Village • 3.9km to Brisbane CBD • 2.9km to The University of Queensland An unbeatable combination of space, location, and potential - this is a rare opportunity in one of Toowong's most sought-after buildings.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Toowong over the last 12 months, the estimated median property value of 10/16 Patrick Lane is $882.5k.

Median value
$882.5k
Estimated value range
$625k - $1.3m
Median days on market
21
Estimated value trend
24%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Toowong. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 10/16 Patrick Lane

2025
Sold
$861,000
Private Sale/Treaty on 19 Nov 2025 by Bryan Reed, of Raine & Horne Brisbane West
2022
Rented
Undisclosed
Leased on 31 Oct 2022 by Coronis West
2021
Sold
$450,500
Private Sale/Treaty on 09 Jun 2021 by Jackson Oram, of Coronis Inner West

Happy sellers in Toowong

94%
94% of sellers in Toowong reported that their sale price either exceeded or met their price expectations.

Toowong stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 50 reviews in Toowong over the last 12 months.

Local market activity for 2 bedroom apartments in Toowong

In the last 12 months, 73 two-bedroom apartments similar to 10/16 Patrick Lane, have been sold.

This represents a 18% increase in two-bedroom apartments sales when compared to the previous 12 months.

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