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$619,000

4 Bed  •  2 Bath  •  2 Car  •  455m²

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RE/MAX - Success Toowoomba
Main view of Homely semiDetached listing, 2 Park Lane, Toowoomba City QLD 4350
Floorplan of Homely semiDetached listing, 2 Park Lane, Toowoomba City QLD 4350
Second view of Homely semiDetached listing, 2 Park Lane, Toowoomba City QLD 4350
+23

Sold

RE/MAX - Success Toowoomba
Main view of Homely semiDetached listing, 2 Park Lane, Toowoomba City QLD 4350
Second view of Homely semiDetached listing, 2 Park Lane, Toowoomba City QLD 4350
Floorplan of Homely semiDetached listing, 2 Park Lane, Toowoomba City QLD 4350
Third view of Homely semiDetached listing, 2 Park Lane, Toowoomba City QLD 4350
Fourth view of Homely semiDetached listing, 2 Park Lane, Toowoomba City QLD 4350
+21

Sold

2 Park Lane, Toowoomba City QLD 4350

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$619,000

  • 4Bed
  • 2Bath
  • 2 Car
  • 455m²

Semi-detached Sold on Fri 1 Dec, 2023

What's around Park Lane

Semi-detached description

“This Inner-City DUPLEX Earns 5.29% Gross Annual Rent Yield”

CHAN DE SILVA for The Jacqui Walker Sells Team presents this WHOLE DUPLEX corner Park Lane & Conloi Street 140 metres to beautiful Laurel Bank Park and literally 300 metres to major Grand Central Shopping Centre!


I SAID: ' Unbeatable inner-city location on a corner allotment !!! '



INVESTOR QUICK GLANCE:

- 1 x 3 Bedroom Unit, U2; and 1 x 1 Bedroom Unit, U1

- Current total weekly rent $630.00/wk
- Current gross rent yield 5.29% p.a.

- U2 with 3 Bedrooms earns $340/wk until Feb 2024
::: Our opinion of market worth is $360/wk
- U1 with 1 Bedroom earns $290/wk until Feb 2024
::: Our opinion of market worth is $330/wk

- Enact these potential increases and the yield would be 5.79% p.a.

- Get whole title = zero body corp fees

- Rates: $1,275.79 entire property net 1/2 yr
- Water Access: $350.32 net 1/2 yr



WHY is this the Duplex you must acquire?

- Set on a 455m2 CORNER allotment

- Security screens to each Unit

- Unit 2 - set on the corner-side of Conloi Street with 3 BEDROOMS - is entered thru the welcoming enclosed SUNROOM. This fabulous space leads to lovely dining area which flows to the spacious OPEN-PLAN living room. The kitchen - with electric oven and fridge space and useful cupboards - overlooks the lovely living zone. Also 3 bedrooms, each with built-in robes ... bathroom with shower and vanity ... separate private toilet ... laundry room ... handy linen/storage cupboard to dining room ... 2nd storage cupboard to hallway ... and garage. This Unit even offers some of the functions that a mobility-impaired person would require! You may be interested to know that Unit 2 was actually the original 3 Bedroom house, and some time ago, Unit 1 was added.

- Unit 1 - recognisable by its updated kitchen and bathroom with 1 BEDROOM - offers many drawcards! The professional Single or Couple will appreciate the handy CBD location; and they'll appreciate coming home at the end of a long day to the LOVELY BATHROOM with XL SHOWER, separate bathtub, 2 BASINS to vanity above plenty of drawers and cupboards. The LIGHT-FILLED, airy living room offers reverse-cycle AIR CONDITIONING - then in the kitchen, it's a large pantry, electric cooking, 2-bowl sink and all the cupboards and drawers you could wish for. Also discover the peaceful outlook from the bedroom, which features a large robe with mirrored sliding doors ... private separate toilet ... internally accessible garage with side storage cupboard and also laundry ... private front patio area ... and separate porch.



CENTRAL, CENTRAL with everything nearby:

- Lovely! 140m to Laurel Bank Park
- Wow: CBD area! 300m to major Grand Central Shopping Centre
- 1.3km to Toowoomba North Primary School
- 3km to Harristown High School



TOOWOOMBA ECONOMIC SNAPSHOT:

- Toowoomba region population approx. 170,000
- Toowoomba has a gross regional product of $11.56 billion
- Toowoomba is the gateway to the west
::: Abundant gas and oil resources
::: Significant rural wealth
- Inland city showing huge growth
::: $1.6 billion Second Range Crossing completed 2019
::: $500m QIC Grand Central Shopping Centre upgrade completed 2017
::: International Freight Airport
::: Airport Industrial Park
::: Regional Data Centre
- 80 mins drive to Brisbane, flights available
- Under 2 hour drive to Gold Coast



WITH SO MANY REASONS to say yes, all that's left to do is exactly that: SAY YES!

TO HELP YOU DO THAT, let's make a time for your Inspection. The Jacqui Walker Sells Team is standing by right now for your inquiry or call. INSPECT THIS PERFECTLY POSITIONED DUPLEX FAST!




*****USEFUL INFO courtesy of The Jacqui Walker Sells Team:

- Integrity: The doors in U1 Lounge Room are digital representations only of how those doors may look at Inspection. These photos were enhanced for marketing. You are encouraged to independently verify actual doors in this room.

- Directions: Corner Park Lane and Conloi Street

- Allotment Size: 455m2, corner

- Recent General Rates and Charges: $1,191.22 gross 1/2 yr

- Recent Water Infrastructure Charge: $314.60 net 1/2 yr + consumption

- Real Property Description: Lot 2 on RP 109734

- Local Government Area: Toowoomba Regional Council

- Internet: Each unit can connect to NBN on Fibre-to-the-Node technology, FTTN

- State School Zone: Toowoomba North Primary, P-6 and Harristown High, 7-12

- Disclaimer: All care taken, however you are encouraged to independently verify all figures, measurements & indications.

Property features

airConditioning

Air Conditioning

builtInRobes

Built-in Robes

courtyard

Courtyard

remoteGarage

Remote Garage

secureParking

Secure Parking

toilets

Toilets: 2

Land details

Area: 455m²

What's around Park Lane

Third view of Homely semiDetached listing, 2 Park Lane, Toowoomba City QLD 4350View more
Fourth view of Homely semiDetached listing, 2 Park Lane, Toowoomba City QLD 4350View more
Fifth view of Homely semiDetached listing, 2 Park Lane, Toowoomba City QLD 4350View more
Sixth view of Homely semiDetached listing, 2 Park Lane, Toowoomba City QLD 4350View more

Contact the real estate agent

Jacqui Walker
RE/MAX - Success Toowoomba

Jacqui Walker

RE/MAX - Success Toowoomba

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Chan De Silva
RE/MAX - Success Toowoomba

Chan De Silva

RE/MAX - Success Toowoomba

0Not yet rated

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2 Park Lane, Toowoomba City QLD 4350
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$619k
2 Park Lane, Toowoomba City QLD 4350
  • 4
  • 2
  • 2
  • 455m²
Jacqui Walker

Jacqui Walker

RE/MAX - Success Toowoomba
Chan De Silva

Chan De Silva

RE/MAX - Success Toowoomba
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