216/26 Patrick Lane, Toowong, QLD 4066 | Property Value & History | OnTheHouse
OFF MARKET

216/26 Patrick Lane
Toowong QLD 4066

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 95m2
Land area: 121m2
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Property Details for 216/26 Patrick Lane, Toowong

216/26 Patrick Lane, Toowong is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2003. The property has a land size of 121m2 and floor size of 95m2.

Building Type
Unit
Year Built
2003
Floor Size
95m2
Land Size
121m2
Local Government
Brisbane

Last Listing description (November 2020)

Offered to the market by the original owner, this spacious 3 bedroom apartment in the prestigious Rivers on the Park complex offers a resort lifestyle which is highly coveted by its residents. With a Level 2 corner position on the southern end of Tower 2, this apartment has a spacious, private balcony with a delightful treed outlook and an elevated view of the pool.

You will love the neutral tones, the abundant natural light, the fresh white kitchen with stone bench tops, generous storage provision, the comfort of ducted air-conditioning and a floor plan providing good separation of bedrooms. More than just an apartment or investment, this property is a great home, made special by the surrounding facilities: cycle and walking tracks along the river, adjacent park lands, proximity to shopping and caf precincts and transport services train, bus and City Cat. With the Wesley Hospital being a near neighbour, it would suit hospital staff requiring quick and easy access to work as a 5 minute walk will get you there. All qualities that will ensure the ongoing desirability of the complex and the surrounding area.

This is a wonderful opportunity for investors as it offers immediate income and a proven tenant. Rented @ $630 per week until December 2021, this quality tenant loves living here and has a preference to stay until the end of the two year lease. As an owner occupier buyer planning ahead, you can secure your next home and enjoy ample time to prepare whilst receiving rental income.

Note: Virtual furniture has been used in photography to respect tenant's privacy. Inspections by appointment only.

Apartment Features -
* 121 sqm - Internal 96 sqm plus 25 sqm of balcony
* Excellent condition with neutral colour palette and good quality fixtures
* Dishwasher, under bench oven, gas cook top, stone benches and large pantry
* Separate tiled entry leading to spacious living and dining area
* King size main bedroom with ensuite
* Two further bedrooms one with balcony
* Main bathroom incorporating laundry
* Ducted air-conditioning
* Private spacious balcony with pool view
* Secure building access to floor and parking area
* Tandem parking for 2 vehicles plus storage unit
* Currently rented @ $630 per week until Dec 2021

Complex and Resort Features -
* Designed by TVS Architects, the curvilinear plan provides both towers and the 121 apartments with a north-east aspect and views to the city, park and river
* Friendly and efficient on-site management
* Secure intercom entry to foyer and lifts
* 20m resort style pool with relaxation area and separate spa
* Full size tennis court and well-equipped gymnasium
* Indoor heated hydro-jet pool, sauna and change rooms
* Meeting room with kitchen facilities
* BBQ pavilion and entertaining area beside tennis court
* Well maintained tropical gardens and a herb garden
* Pet friendly subject to Body Corporate approval
* Good visitor parking

Location -
* Surrounded by Moorlands Park and Toowong Memorial Park
* Bicentennial Bikeway access in Moorlands Park 160m
* Regatta City Cat 500m, Auchenflower train station 240m and city/UQ buses all an easy walk away.
* Wesley Hospital next door
* Regatta Hotel and Boatshed Restaurant 400m
* Toowong Village Shopping Centre, train station and local restaurants 1km
* Brisbane Boys College 1.6km
* Park Road shopping and dining precinct 1.3km
* Brisbane CBD and UQ St Lucia both 3km

With all these amenities to take advantage Rivers on the Park will always be highly sought. Call now to arrange your private inspection and guided tour of the complex.

Property History for 216/26 Patrick Lane, Toowong, QLD 4066

A timeline of how this property has performed in the market
  • 05 Aug 2020
    Listed for Sale $629,500
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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 7,872 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.
There are currently 47 properties listed for sale, and 18 properties listed for rent in Toowong on OnTheHouse. According to Cotality's data, 367 properties were sold in the past 12 months in Toowong.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.