Iconic Escarpment-Facing Development Site
51 Tourist Road, East Toowoomba QLD 4350
EOI 31/05/24
Commercial LandSize: n/a
Block size: 2547 m² approx.
Subdivision | Prestigious | Investment
Dean Dederer from Place Projects is pleased to offer for sale this iconic development site on the Great Dividing Range in prestigious East Toowoomba - known as Tripoint Terraces.
Currently comprised of 3 lots improved by residential dwellings with current tenancies in place, which combine to form a generous 2,547sqm triangular-shaped site. This Low-Medium Density Residential zoned site also has a current development approval for 6 prime residential lots.
The extremely rare 'island' development site has frontage access to Tourist Road, James Street and Burke Street. It is perfectly positioned directly opposite The Range Shopping Centre, with proximity to St Vincent's Private Hospital, Toowoomba Grammar School, Fairholme College, the Eastville restaurant precinct and picturesque Picnic Point.
What Makes This Opportunity Unique ?
- strategic infill development site or investment opportunity
- council approved six premium residential lot subdivision
- substantial holding income from existing dwellings
- potential for a higher density use, such as apartments (STCA)
- prime location, with a plethora of amenity at its door step
- panoramic escarpment views from level three
- capitalise on Toowoomba's residential land and dwelling shortage
Enquire today to receive your copy of the Information Memorandum and approved site redevelopment plans. * Expressions of Interest closing 4.00pm AEST Friday 31 May *
Dean Dederer from Place Projects is pleased to offer for sale this iconic development site on the Great Dividing Range in prestigious East Toowoomba - known as Tripoint Terraces.
Currently comprised of 3 lots improved by residential dwellings with current tenancies in place, which combine to form a generous 2,547sqm triangular-shaped site. This Low-Medium Density Residential zoned site also has a current development approval for 6 prime residential lots.
The extremely rare 'island' development site has frontage access to Tourist Road, James Street and Burke Street. It is perfectly positioned directly opposite The Range Shopping Centre, with proximity to St Vincent's Private Hospital, Toowoomba Grammar School, Fairholme College, the Eastville restaurant precinct and picturesque Picnic Point.
What Makes This Opportunity Unique ?
- strategic infill development site or investment opportunity
- council approved six premium residential lot subdivision
- substantial holding income from existing dwellings
- potential for a higher density use, such as apartments (STCA)
- prime location, with a plethora of amenity at its door step
- panoramic escarpment views from level three
- capitalise on Toowoomba's residential land and dwelling shortage
Enquire today to receive your copy of the Information Memorandum and approved site redevelopment plans. * Expressions of Interest closing 4.00pm AEST Friday 31 May *
Inspections
No open inspections scheduled.
Send an enquiry
Contact Dean Dederer to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Commercial Land
Block Size:
2547 m²*
Other Details
Lot:
1
Plan Type:
RP
Plan:
85455
Legal description:
1/RP85455
Maps and area information
Block information
Block size: 2547m² (approx)
Legal description: 1/RP85455
Measurements are estimates only and based on data provided under licence from
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Property history
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SummaryMedian sales
Average Age
39 years
Population
5,953
Listing ID: 182480883. This listing has been viewed 0 times. It was first displayed on 29/04/2024 and last updated on 29/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.