112 Toowoon Bay RoadToowoon Bay NSW 2261
Property Details for 112 Toowoon Bay Rd, Toowoon Bay
Last Listing description (October 2023)
Ultimate opportunity for the quintessential Block of Flats by the Beach with a multitude of options for the savvy buyer as a fully occupied multiple income investment, take 1 or 2 apartments for yourself for weekends and enjoy a passive income or extended/multiple family compound in the coveted lifestyle location & most sought after Central Coast suburb Toowoon Bay.
Fully leased with 6 tenancies on permanent basis all with their own designated off-street parking, and showing returns of approx. $147,000 gross. An opportunity to retain an apartment for your own family holiday retreat, only stones throw from stunning family safe & picturesque Toowoon Bay Beach.
Located on a prime 929sqm site zoned R1 Residential for future redevelopment, or potential for individual strata title subdivision (STCA) of existing brick apartments with draft strata plan included.
(E&OE) Please note that all information, herein is gathered from sources we, McLachlan Partners believe to be reliable. Computer images, photos, plans, drawings, maps etc are indicative only. McLachlan Partners cannot guarantee its accuracy and any interested person/s should rely on their own enquiries.
Property History for 112 Toowoon Bay Rd, Toowoon Bay, NSW 2261
- 19 Jun 2023Sold for $3,500,000
- 02 Jun 2023Listed for Sale E.O.I Closing 30/06/23
- 02 Jun 2018Sold for $2,213,000
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About Toowoon Bay 2261
The size of Toowoon Bay is approximately 0.6 square kilometres. It has 2 parks covering nearly 29.4% of total area. The population of Toowoon Bay in 2016 was 530 people. By 2021 the population was 543 showing a population growth of 2.4% in the area during that time. The predominant age group in Toowoon Bay is 60-69 years. Households in Toowoon Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Toowoon Bay work in a professional occupation.In 2021, 64.60% of the homes in Toowoon Bay were owner-occupied compared with 56.80% in 2016.
Toowoon Bay has 418 properties. Over the last 5 years, Houses in Toowoon Bay have seen a 61.55% increase in median value, while Units have seen a 55.27% increase. As at 30 November 2025:
- The median value for Houses in Toowoon Bay is $1,464,132 while the median value for Units is $847,373.
- Houses have a median rent of $500 while Units have a median rent of $525.
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