Back 3/16 Patrick Ln
Off Market

3/16 Patrick Ln

Toowong QLD 4066

1
1
1
109 m²
Unit
Last sold for $457,000
Matt O'NeillMatt O'Neill, last sold this property on 04 March 2024 after 108 days on market.

Overview

Entry level perfect investment or first home

Offering convenience and an exciting lifestyle in the heart of the Regatta Precinct, this fabulous inner-city apartment is sure to impress. Privately positioned, this spacious courtyard apartment enjoys a northerly aspect and is a short walk to the Brisbane River boardwalk with easy access to some of Brisbane's best lifestyle venues. Light and airy, the apartment opens onto a generous sized, tranquil courtyard from both the living room and bedroom under the umbrella of a beautiful Poinciana tree. The property has recently been upgraded with fresh paint throughout, new carpet, new blinds, new tiles to the terrace and a fresh look to the bathroom and separate toilet. - Natural light and breezes are enjoyed with all-weather secure windows - Well maintained, low maintenance apartment with split A/C to Living - Large private courtyard opening from living room and bedroom - Fabulous resort style facilities including pool, sauna, BBQ & communal entertaining - Single lockup remote garage within secure basement with lift access - Toowong State School and Indooroopilly State High School catchment - Walking distance to Brisbane Boys College and St Ignatius Primary School - Conveniently located to riverside bike tracks, sporting facilities and Toowong Village - Easy access to Toowong "Regatta" City Cat, UQ & CBD bus stops & Toowong train station - Intercom Security Access and security screens all round - Massive lock up garage and plenty of visitor parking on-site - Currently tenanted at $450 per week until 13/11/2024 - Rates are $480.95 per qtr - Utilities are $376.26 per qtr - BC fees are approx $2,600 per qtr For all buyers looking to purchase immediately in one of Brisbane's most sought-after suburbs, please contact Matt O'Neill today on 0423 693 550. Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
109 m² floor area
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Toowong over the last 12 months, the estimated median property value of 3/16 Patrick Ln is $700k.

Median value
$700k
Estimated value range
$640k - $820k
Median days on market
16
Estimated value trend
34%
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 3/16 Patrick Ln

2024
Rented
Undisclosed
Leased on 19 Jun 2024 by PMC Property Management
2024
Sold
$457,000
04 Mar 2024 by Matt O'Neill, of Place Graceville
2021
Rented
Undisclosed
Leased on 04 Nov 2021 by Ray White Toowong | Chapel Hill

Happy sellers in Toowong

95%
95% 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 1 bedroom units in Toowong

In the last 12 months, 15 one-bedroom units similar to 3/16 Patrick Ln, have been sold.

This represents a 50% decrease in one-bedroom units sales when compared to the previous 12 months.

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