Located at the heart of Toowoomba's bustling cityscape, the combined properties of 114 and 116 Russell Street present an exceptional investment opportunity for discerning property developers. Spanning a generous total land area of 2,994sqm*, this prime parcel of land boasts a commanding 50m* frontage along Russell Street, a premier thoroughfare that serves as a gateway to the central business district. Its strategic proximity within walking distance to the CBD ensures unparalleled convenience and accessibility.
One of the standout features of this property is its dual street access, with frontage not only to Russell Street but also to Baty Lane. This rare attribute not only enhances accessibility but also offers versatile design possibilities for potential developments. Zoned as Principal Centre, the land parcel provides an extensive array of development options, making it an ideal canvas for realising visionary architectural concepts.
The property's proximity to transport hubs ensures seamless connectivity, facilitating effortless commutes for employees and patrons alike. With transport options right at its doorstep, including public transportation routes and a major thoroughfare, the location enhances the appeal and viability of any prospective development. 114 and 116 Russell Street present a unique and lucrative investment opportunity, poised to become a landmark development that not only contributes to Toowoomba's urban landscape but also promises substantial returns for savvy investors.
* Approx.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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.