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6 Toowoomba Road, Oakey$560,000

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Soldland

6 Toowoomba Road

Oakey, QLD 4401, Australia

$560,000

3227 m²

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About this property

Bring affordable housing back to the Garden City and Surrounds. This Potential development site has concept plans drawn for 13 affordable townhouses. With the low-end market screaming out for new affordable homes, this opportunity could reap rewards for one savvy investor. Sewered site, with town water, with low medium density zoning, corner allotment conveniently located across from shops, and walking distance to CBD. Not in a flood risk effected area. Fantastic rental returns with projected 7% return on investment. Why not take advantage of the TRC concessions on development currently on offer? Rates $1295.98 1/2 year Water $335.75 1/2 year Call today to arrange an onsite meeting.

Property Details

Property Type: land
Listing Type: Sold
Land Area: 3227 m²
Listed: 3 months ago

Repayment calculator

$2,715/month

$1,357 /fortnight

Loan $448,000 at 6.10% over 30 years

Upfront costs

Deposit$112,000

Stamp duty$18,225

Conveyancing (est.)$2,000

Total upfront$132,225

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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Oakey

This land in Oakey, QLD 4401 sits within reach of public transport, local shops and nearby schools. It is listed 16% below the $664,500 median of 34 comparable landswithin 5 km.

Schools near Oakey

Oakey State Schoolprimary · Prep-6 · CoEd
St Monica's Schoolprimary · Prep-6 · CoEd
Oakey State High Schoolsecondary · 7-12 · CoEd

What's nearby

Oakey (train) — 1.8 km away
United — 631 m away
Lions Park — 315 m away
Jacquelyn Court Park — 554 m away
Jacquelyn Court Park — 563 m away

Oakey at a glance

Full suburb profile

Population: 4,756
Median age: 40
Household income: $1,213/wk
Median rent: $265/wk
Median mortgage: $1,238/mo

Source: ABS Census.

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