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2-14 Fanny Street, Newtown, Toowoomba, QLD, 4350

Development Potential
DETAILS
MASSIVE SITE: HOLD, RENOVATE OR REDEVELOP
  • 7,120m2* (almost 2 acres)– 1.7km from Toowoomba CBD in residential neighbourhood
  • Holding Income $290,000.00* p.a. and increasing
  • Low-Medium Density Residential Zone
  • 2 story code assessable; potential for 3 or more storey (STCA)
  • The site currently has a DA in place for demolition of all buildings, including heritage listed
  • 29 tenants
    • 10 studio units with courtyard (~2003)
    • 18 duplexes
    • 1 detached house (not currently habitable)
  • 236.74 m* frontage on 3 roads
  • Current rental vacancy in Toowoomba is 0.4%*
  • 120km from Brisbane
*approximate
 
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DEVELOPMENT SITE SUMMARY
For Sale:
For Sale:
For Sale
Property Area
AREA:
7120 m² (*approx)
Property Type
TYPE:
Residential, Townhouse Sites, Other, Townhouse Sites, Other
Development Potential
DEVELOPMENT APPROVAL:
Residential Development Opportunity (STCA)
Property Paper
View Information Memorandum:
Property Paper
View Decision Notice:
Property Paper
View Final Letter to Applicant:

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2-14 Fanny Street, Newtown, Toowoomba, QLD, 4350

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