704/21 Patrick Lane, Toowong is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 79m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in January 2020.
Have you ever dreamed about having a perfect city home where you can come and go at leisure? Then look no further. This is the ideal flexible investment for those wanting the best of city living with the convenience of using the property for owner occupation or placing it in the lucrative holiday rental pool.
The fabulous Coronation Drive location has protected NE views along the Brisbane River to the city skyline and is just 100 metres from the Wesley Hospital and the famed Regatta Hotel. The stroll to Toowong Village is just 10 minutes away. The unit has immediate access to bus, train and citycat services. The University of Queensland, CBD and South Bank entertainment precinct are only a few stops away.
This is a prime property with an irreplaceable location.
Note: Inspection times subject to change at short notice so please register your interest to inspect with us first.
- Level 7 uninterrupted river and city views in prestigious Inn on the Park
- Averages $34,000 per annum in gross rental income
- Tastefully refurbished with quality finishes and includes furniture as inspected
- Resort-style facilities including pool, gymnasium, and recreational room
- Suitable for owner occupation, long term or short-term rental
- Surrounded by parklands, bike tracks and popular sporting facilities
- Well maintained complex with on-site management
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 7,875 properties. Over the last 5 years, Houses in Toowong have seen a 54.13% increase in median value, while Units have seen a 109.56% increase. As at 30 June 2026:
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