Walking distance to the City (1Km), Grand Central (1km) beautiful parklands of Laurel Bank Park (500m) and close to St Marys School (500m) and across from Newtown Shopping Centre is this extraordinary development opportunity.
This 1879m2 site, on 2 lots, has current development applications approved for 9 units as follows:
1) 6 x 3 bedroom units with ensuites & double lock-up garages (1 lowset & 5 double storey); AND
2) 3 x 2 bedroom units with ensuites, office & single lock-up garages (All double storey)
Currently there is a large 3 bedroom home currently rented at $320 per week.
Please contact Benita to receive current approval documents and unit plans.
Please note Approval Development is extended to September 2023.
With such a demand in rental properties, this property must be a contender for any serious developer or significant investor looking for exposure to this high-growth area in the Toowoomba market
This really is an opportunity not to be missed. Phone Benita today on 0427 306 970.