100 Sherwood RoadToowong QLD 4066
Property Details for 100 Sherwood Rd, Toowong
100 Sherwood Rd, Toowong is a 10 bedroom, 6 bathroom Unit with 6 parking spaces. The property has a land size of 812m2.
Last Listing description (September 2022)
First time offered by the family of the original builder and located in Central Toowong!
Often quoted but rarely found this is a perfect example of "They don't build them like this anymore". Held by one family these apartments have provided security and income for years and now it's time for them to serve a new family.
Offered in one lot are 4x2 Bedroom and 2x1 Bedroom Strata Titled apartments in Sherwood Road offering exceptional passing income along with blue chip future development potential on 812 m2 of prime Central Toowong land.
Only a short 300m walk finds you in Central Toowong with all its amenities, this location truly underpins its value now and its value for your future.
The property is very well maintained, have long-term tenants in place, and are rarely (if ever) vacant.
Currently returning a total of $105,820 per annum.
The current owner has supported the long-term tenants with reduced rents and no increases with the challenges of covid and has only just begun to normalise rents. We have completed up to date "Rental Appraisals" and confirm.
Market Value rent is equal to a total of $123,760 per annum.
There are so many options here:
Buy and hold and enjoy a substantial ongoing income knowing your location puts you at the front of the pack for Capital Appreciation.
Redevelop this premier allotment (next door, on the same size allotment, has been redeveloped with 12 luxury apartments!). Any future development is of course subject to council approval.
This truly is Toowong's best investment opportunity for 2022!
The owners of this property are committed to a sale and we encourage you to submit your interest without hesitation.
It could be years before an opportunity like this one becomes available again so don't hesitate.
"NOTHING IS MORE EXPENSIVE THAN A MISSED OPPORTUNITY"
Property History for 100 Sherwood Rd, Toowong, QLD 4066
- 13 Jul 2022Listed for Sale For Sale
Recent sales nearby
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About Toowong 4066
The size of Toowong is approximately 4.2 square kilometres. There are 18 parks, covering nearly 10.4% of the total area. The population of Toowong in 2016 was 10830 people. By 2021 the population was 12556 showing a population growth of 15.9% in the area during that time. The predominant age group in Toowong is 20-29 years. Households in Toowong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Toowong work in a professional occupation.In 2021, 43.30% of the homes in Toowong were owner-occupied compared with 44.40% in 2016.
Toowong has 7,878 properties. Over the last 5 years, Houses in Toowong have seen a 54.78% increase in median value, while Units have seen a 107.22% increase. As at 31 July 2026:
- The median value for Houses in Toowong is $1,882,006 while the median value for Units is $968,161.
- Houses have a median rent of $850 while Units have a median rent of $690.
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