Quick Details
Rates: $613.75/qtr
Body Corporate: $7,307/annum
Sinking Fund Balance: $66,269
Age: 1968
Number in Building: 8
Investment Information: Vacant. Rent potential $630 - $650/week
**Note there is no visitors parking, place park on neighbouring street/park and allow time to walk to apartment**
If you've been looking for a first floor apartment that ticks the practical boxes without a big price tag, this one is worth a look. It's a two bedroom, one bathroom unit with a single car space, set in a complex that's been well looked after over the years. The current owner has kept it in solid condition, so you won't be walking in and immediately thinking about renovations. It's the kind of place that suits people who want something easy to live in and easy to look after.
First floor position, two bedroom, one bathroom, one car space
Open plan living and dining area with access to a private balcony
Well maintained kitchen with ample bench and cupboard space
Single Car Space
Toowong is one of those inner west suburbs that just works, whether you're catching the train into the city, grabbing groceries at Toowong Village or heading down to the river for a walk. Gailey Road puts you close to all of it, with Toowong Village, cafes and shopping option and everyday essentials only a short walk away. Getting around is easy too, with the train station, bus routes and the Regatta and ferry terminals all nearby. If study or work takes you toward UQ or St Lucia, you're only a short trip from there as well.
This one will appeal to a few different types of buyers. If you're getting into the market for the first time, it's a manageable size in a suburb that's held its value well over the years. If you've got a child heading off to study at UQ or starting out in the city, this could be a smart base for them without the hassle of ongoing maintenance. And for investors, Toowong has always been reliable when it comes to rental demand, thanks to the university, transport links and proximity to work.
This is a genuinely easy apartment to like, in a suburb that continues to hold its appeal. It won't take long for the right buyer to see the value here, so it's worth moving on it sooner rather than later. Get in touch to arrange a time to come through and see it for yourself.
