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Unit 1 & 2 8 Spies Court, Mount Lofty$475,000
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Unit 1 & 2 8 Spies Court

Mount Lofty, QLD 4350, Australia
$475,000
5 bed 2 bath 4 car718 m²

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About this property

Dual Investment or Lifestyle Opportunity in Prime Mount Lofty Location Positioned in a quiet cul-de-sac at 8 Spies Court, Mount Lofty, this unique duplex presents a rare opportunity to secure one or both units in one of Toowoomba's most sought-after suburbs. Whether you're an investor seeking solid returns or an owner-occupier, this flexible offering is well worth your attention. Unit 1 - Peace and Quiet - STILL AVAILABLE OPEN FOR INSPECTION SATURDAY 2nd MAY 9am-9.30am Unit 1 features two built-in bedrooms and a practical layout designed for easy living. The home includes a functional kitchen with electric cooking, air-conditioned living spaces, and an electric hot water system. Constructed in brick with a tiled roof, the unit offers durability and would suit a single person or small family. A private east-facing courtyard captures the morning sun, while single car accommodation with internal access adds everyday convenience. The unit is tenanted until March 2027 for $370 per week. Council rates are approximately $3,477 per annum. Unit 1 is priced at offers above $475,000. Unit 2 - Spacious & Secure Investment - UNDER OFFER Unit 2 offers a larger floorplan with three built-in bedrooms, including a master with ceiling fan. The home features a well-equipped kitchen with electric cooking, gas hot water, and gas outlets for heating. The bathroom includes both a bath and separate shower, while air conditioning and ceiling fans provide year-round comfort. Additional features include security screens and a single garage with internal access. Currently tenanted at $375 per week until May 2026. Council rates are approximately $3,477 per annum. Unit 2 is priced at Offers above $550,000. Both units are of solid brick construction with tiled roofs and have a long history of reliable tenancies. Located close to quality schools, local shops, and amenities, this is a tightly held pocket of Mount Lofty. The units are available separately or as part of a joint purchase. Inspections are by appointment only with at least 48 hour's notice to respect the current tenants. Call Doug to arrange your viewing.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
5
Bathrooms
2
Parking
4
Land Area
718 m²
Listed
3 months ago

Repayment calculator

$2,303/month
$1,151 /fortnight
Loan $380,000 at 6.10% over 30 years

Upfront costs

Deposit$95,000
Stamp duty$15,050
Conveyancing (est.)$2,000
Total upfront$112,050
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Neighbourhood

Living in Mount Lofty

This 5-bedroom apartment in Mount Lofty, QLD 4350 sits within reach of public transport, local shops and nearby schools. It is listed 46% below the $880,000 median of 56 comparable apartmentswithin 5 km.

Schools near Mount Lofty

  • Toowoomba State High Schoolsecondary · 7-12 · CoEd

What's nearby

  • Stuart St at Heritage Oval (bus)126 m away
  • Sew Handy571 m away
  • Woodward Park180 m away
  • Horn Park481 m away
  • Windemere Terrace Park527 m away

Mount Lofty at a glance

Full suburb profile
Population
3,825
Median age
43
Household income
$2,002/wk
Median rent
$340/wk
Median mortgage
$1,733/mo

Source: ABS Census.

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Mount Lofty price trend

Median sold · House 5+ bed

$1.63mcurrent median

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