Only rarely do the planets align and on offer is this outstanding investment opportunity located in the up and coming suburb of Newtown. All shrewd investors or developers will appreciate the potential on offer here with holding income available from day 1 and massive downstream profits yet to be realised.

DWELLINGS
andbull; Front dwelling consists of two units, one with one bedroom and sleep out, one with one bedroom.
andbull; Middle dwelling – 2 large townhouses both consisting of 2 bedrooms, living area, 1 bath upstairs, 2x car lock up and large laundry downstairs – room to reconfigure to add extra living or another bedroom. Ample space at the rear of the property to add more units (subject to TRC approval).

BLOCK
andbull; Rare block of 1417m2 with only 2/3 thirds in use.
andbull; Ideal block dimensions for further building Length: 70.3m, Width: 20m

ZONING
andbull; Low – Medium Density urban residential
andbull; Acceptable Outcome under this zone include both higher density residential and a range of low impact commercial options.

POSITION
Situated across from famous Queensland State Rose Gardens in the Historic Newtown Park. Walking distance to private and public schools, strategically placed between the CBD and the major employment hubs to west of Toowoomba and conveniently located between two major shopping centres with a bus stop close by.

OPPORTUNITY
Explore the many commercial options the zoning allows including but not limited to shops; offices; health care services; child care centre; educational establishment etc.

andbull; Add to and improve the existing 4 units to boost the rental return
andbull; Opportunity to develop the excess land and increase income

DO NOT MISS THIS OUTSTANDING OPPORTUNITY!