Sold
Last Asking Price - $190,477-$209,523
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11/5 Joseph Street, Toowoomba City QLD 4350

Apartment
112
Block size: 535 m² approx.

See This COMMERCIALLY-Focused STUDIO APARTMENT In Toowoomba City!

SELLING WITH INCOME and currently earning a 5.72% annual gross rent return, Investors are invited to acquire this COMMERCIALLY-FOCUSED inner-city STUDIO APARTMENT - designed for use by a Small Business Operator.


IN 2010, this Unit was built to be an On-Site Manager's OFFICE, for the 5 Joseph Street complex known as 'Joseph Lodge'.



TOP 4 FEATURES:

- A total of TWO FUNCTIONAL SPACES for BUSINESS OPERATIONS
- Staff kitchenette
- Bathroom with shower, vanity, and toilet
- Open-space tandem DOUBLE CAR PARK on concrete pad



WHO'S WHO?

- Investors: as its currently leased, you should shortlist, see and gain now.

- Small Business Operators: pick this up now, pocket the rent income and move your Business here on cessation of the current lease. IDEAL FOR a Hairdresser, Beautician, Barber Shop or Massage Therapist. ALSO IDEAL AS office space for agri-business or consulting, especially where the User requires a base and travels mostàofàtheàtime.



INVESTOR QUICK-GLANCE:

Income
::: Currently earning $220.00 per week until 24/04/2024
::: That's a 5.72% gross rent return p.a.

Outgoings
::: Recent General Rates and Charges: $1,061.88 net 1/2 yr
::: Recent Water Infrastructure Charge: $314.60 net 1/2 yr + consumption
::: Body Corporate: $450.00 / qtr

Built: 2010

Property Name: Joseph Lodge



WOW, here's 9 top locations within 1km:

- 300m to Herries / Ruthven MAJOR INTERSECTION
- 380m to Hooper Centre shops
- 450m to Art Gallery
- 500m to famed Ground Up Espresso Bar
- 500m to City Library
- 550m to Milne Bay Aquatic and Fitness Centre
- 600m to Grand Central on Duggan Street
- 600m to The Empire Theatres
- 1km to Queens Park

and

- 1.6km to Twba North Primary School
- 1.8km to Toowoomba Grammar School
- 2.2km to The Glennie School
- 2.3km to Centenary Heights High School



NOW'S THE MOMENT to strike on this unique property, which was originally created to be an On-Site Manager's Office, for the 5 Joseph Street complex. Call us ... or send us your questions ... or BOOK YOUR LOOK NOW!




***USEFUL INFO with compliments of The Jacqui Walker Sells Team:

- Internet: Can connect to the NBN via Fibre-to-the-Premises technology, FTTP

- State School Zone: Toowoomba North Primary, P-6; Centenary Heights High, 7-12

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

Inspections

No open inspections scheduled.

Send an enquiry

Contact Jacqui Walker to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
1
Bathrooms:
1
Garage Spaces:
2
Property type:
Apartment
Block Size:
535 *

Other Details

Lot:
11
Plan Type:
SP
Plan:
222420
Legal description:
11/SP222420
RE MAX Success

Maps and area information

Block information
Block size: 535 (approx)
Legal description: 11/SP222420
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
05 Mar 2024
Sold
RE MAX Success
Listed: 05/03/2024
Transfer type: Full transfer

Toowoomba City suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
42 years
Population
2,321
Listing ID: 182348951. This listing has been viewed 1 time. It was first displayed on 05/03/2024 and last updated on 05/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.