Canny Developers, astute investors or land bankers with an eye for the future, be in the heart of the expanding Western growth corridor of Toowoomba with major land developments opposite and nearby, adjutant to an overs 50s village, proposed new retail centre in the area, expanding schools and close to major employment hubs of Charlton and the new Wellcamp airport.
Opportunities subject to TRC approvals but acceptable outcomes under the current town plan include but are not limited to Child Care centres, Health care services, Veterinary services, accommodation activities, club, community care centre, or place of worship.
The current zoning of low – medium density residential allows multi residential options. This strategic holding of 5,661m2 demands your attention and with a holding income of over $28,000 per year or $555 per week from the 3 separate tenancies, any way you do the maths this stacks up.
Improvements include:
andbull; Huge 5,661m2 block
andbull; Zoned low to medium density
andbull; Rented two bedroom home
andbull; Large amount of hard stand
andbull; Multiple tenants provide
andbull; Holding income of $555 per week
andbull; Excellent development opportunity