10/7 Landsborough Terrace, Toowong QLD 4066

2-bed unit, 83sqm internal, Toowong 4066 | 2021 last sale | 94% local auction clearance | Sinking fund $181k This property occupies a narrow but defensible position in Toowong’s apartment market. Its 83sqm internal area is above the typical 2-bed unit size in this postcode, and the 146sqm lot is generous for a 2000-built complex. The 94% auction clearance rate for 2-bed units in Toowong signals strong buyer demand, and the average 13 days on market suggests a liquid resale environment. The property suits an owner-occupier seeking a well-sized apartment in a high-demand suburb with good school catchments and transport links, or an investor targeting the rental yield implied by the $750/week estimate. The flood overlay is the primary risk, as it may affect insurance premiums and future resale buyer pools. The body corporate fee of $6,515 annually is moderate for a 70-unit building, and the $181,353 sinking fund is a positive indicator of adequate capital reserves. The 45% rental proportion in the building is typical for Toowong and does not materially affect lending or occupancy. The property’s best use is as a long-term hold for capital growth driven by Toowong’s infrastructure and demand fundamentals, with the option to rent for cash flow if owner-occupation is not immediate.