5/23 Augustus St, Toowong is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1978. The property has a land size of 145m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in December 2024.
Welcome to Palmwoods, a nicely maintained small complex of twelve units in an elevated and quiet position.
This fantastic ground floor, three-bedroom unit, perfectly positioned in the popular suburb of Toowong offers a functional floorplan with an incredibly convenient and comfortable lifestyle. The layout includes a spacious kitchen, combined lounge, and dining room which flows seamlessly onto this stunning and private leafy courtyard. The unit has great natural light throughout and circulation with ceiling fans and air conditioning for extra comfort.
Positioned in an incredibly sought-after location, this quiet complex is just metres from Toowong Village, the train station, Regatta Hotel and CityCat terminal, plus a myriad of great cafes, restaurants, parks, schools and bike paths.
KEY FIGURES
- Body Corporate fees $3,716/annum
- Sinking Fund Balance $70,950 (December 4th 2024)
- Brisbane City Council Rates $409/quarter
- Rental appraisal of $720/week
- 4 % net return for the savvy investor
HIGHLIGHT FEATURES
- 2 independent lock-up garages
- Private leafy courtyard ideal for your pet
- Master bedroom with ensuite
- Reverse cycle air conditioning in living room and bedrooms
- 500m to Toowong State School, 2.4km to Indooroopilly State High School, 4km to Brisbane CBD
Opportunities like this are few and far between. Ring me today on 0411 531 996 if you wish to secure your PRIVATE INSPECTION, this property will be sold very soon!
***DISCLAIMER***
Whilst all reasonable attempts have been made to verify the accuracy of the information provided, the Selling agents confirm that they cannot guarantee accuracy of the same and accept no liability (express or implied)in the event that any information contained in the document or provided within is inaccurate. Parties must ensure they make their own due diligence enquiries to satisfy themselves about the accuracy of the information. This information provided is indicative only and must not be relied upon unless confirmed by a party through their own due diligence. Place Real Estate acknowledges the traditional custodians of the land on which we deliver our services. We pay respects to Elders past, present and emerging and recognise their cultural heritage, beliefs, and relationships with the land.
The size of Toowong is approximately 4.2 square kilometres. It has 18 parks covering nearly 10.4% of 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 7,654 properties. Over the last 5 years, Houses in Toowong have seen a 77.03% increase in median value, while Units have seen a 95.98% increase. As at 31 January 2026:
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