16 Earle Lane, Toowong, Qld 4066

The combination of an exciting position, with a post war home situated on a valuable 503sqm lot, (zoned medium density residential), makes these three registered flats under one roof an excellent opportunity in one of Brisbane's most desirable Inner West suburbs. 

If your plan is to develop the land the local zoning is medium density residential. Tucked in off Earle Lane this gently sloping useable lot offers a blank canvas for future development, and a clean lot underground. This is as “risk free” as it comes.

If you are looking for an exciting position to build your dream home, the lot neighbours established family homes but comes with the freedom to build to your own design and taste as there is no character overlay.

If you are an investor this is the best type of land bank. Three flats offer multiple income streams from the single property. The property was recently returning $51,220 a year. With some renovation there is an opportunity to improve the yield to approximately $70,000 a year. 
- Flat 1. One bed, one bath plus living, kitchen. Leased to 25th March 2026 for $305 per week.
- Flat 2. Two beds, one bath plus living, kitchen. Currently vacant.
- Flat 3. Two beds, one bath plus living, kitchen. Currently vacant.

Toowong Station / Village is just 400m by foot from the home. The Regatta Hotel, ferry services, Toowong Memorial Park and the Wesley hospital are all a gently stroll from the home. This location is as convenient as they come. 

The local school catchments are Toowong State School at Primary Level and Indooroopilly State High School at Secondary level. Brisbane Boys College is just 9 minutes by foot and The Queensland Academy for Science, Maths and Technology is just 15 minutes by foot. This is a location where you can give up the school run!

Offering a rare opportunity to enjoy Toowong's unrivalled lifestyle, this valuable property enjoys a superb location just over 3.5km from the CBD and close to bus and train services, schools, shops, and cafes. Book your inspection today.

* Important * Whilst every care is taken in the preparation of the information contained in this marketing, Arthur Conias Real Estate will not be held liable for any errors in typing or information. All information is considered correct at the time of publishing.