Back to previous step
Close
207, 209, 211 & 213a Ruthven Street & 26 Gordon Street, North Toowoomba, QLD 4350
North Toowoomba
An outstanding opportunity to acquire a significant development-ready site with an existing Development Approval for 54 residential apartments. Comprising six titles across a strategic landholding with Ruthven Street frontage and rear access from Gordon Street, this offering is primed for delivery or repositioning.
Originally planned as a social housing project to service the Toowoomba region, this fantastic site would suit a multitude of uses (STCA).
Key Features:
- DA approved for 54 units: 34 x 1-bed, 12 x 2-bed, and 8 x 3-bed apartments
- Low-Medium Density Residential zoning
- 3,238m² total area across 6 contiguous lots
- Rare dual access: main road exposure plus secondary access
- Approval current through to June 2030
- Existing improvements include four cottages and two commercial tenancies
- Potential holding income circa $90,000 p.a. (vacant possession available)
Location Highlights:
- 1.4km to Toowoomba CBD
- 450m to Bunnings, 950m to Northpoint Shopping Centre
- Immediate access to transport corridors and key infrastructure projects
- Surrounded by strong residential demand with vacancy rates below 0.5%
- Strong demand throughout Toowoomba for convenient, close to facilities living
Development Potential:
- Approved for multi-residential but zoning permits a range of alternate uses STCA
- Potential future uses: aged care, short-term accommodation, mixed-use, healthcare, education or childcare
- Detailed plans, landscape intent, and noise assessment already completed - reducing risk and time to market
Investment Considerations:
- Population growth, infrastructure projects, and record-low vacancy rates in Toowoomba support strong end demand
- Located in one of regional Queensland's most tightly held and economically resilient centres
- Substantial planning and design work already completed with TRC
Please contact Chan and Lochie for the full Information Memorandum
Remember to mention you found this property on DevelopmentReady
An outstanding opportunity to acquire a significant development-ready site with an existing Development Approval for 54 residential apartments. Comprising six titles across a strategic landholding with Ruthven Street frontage and rear access from Gordon Street, this offering is primed for delivery or repositioning.
Originally planned as a social housing project to service the Toowoomba region, this fantastic site would suit a multitude of uses (STCA).
Key Features:
- DA approved for 54 units: 34 x 1-bed, 12 x 2-bed, and 8 x 3-bed apartments
- Low-Medium Density Residential zoning
- 3,238m² total area across 6 contiguous lots
- Rare dual access: main road exposure plus secondary access
- Approval current through to June 2030
- Existing improvements include four cottages and two commercial tenancies
- Potential holding income circa $90,000 p.a. (vacant possession available)
Location Highlights:
- 1.4km to Toowoomba CBD
- 450m to Bunnings, 950m to Northpoint Shopping Centre
- Immediate access to transport corridors and key infrastructure projects
- Surrounded by strong residential demand with vacancy rates below 0.5%
- Strong demand throughout Toowoomba for convenient, close to facilities living
Development Potential:
- Approved for multi-residential but zoning permits a range of alternate uses STCA
- Potential future uses: aged care, short-term accommodation, mixed-use, healthcare, education or childcare
- Detailed plans, landscape intent, and noise assessment already completed - reducing risk and time to market
Investment Considerations:
- Population growth, infrastructure projects, and record-low vacancy rates in Toowoomba support strong end demand
- Located in one of regional Queensland's most tightly held and economically resilient centres
- Substantial planning and design work already completed with TRC
Please contact Chan and Lochie for the full Information Memorandum
Remember to mention you found this property on DevelopmentReady
Developments and amenities within a 5km radius of the asset.
One moment please.
Retrieving latest data...
One moment please.
Retrieving latest data...
| Council | |
| Status | |
| Asset Type | |
| Storeys | |
| Residential Dwellings | |
| Developer | |
| Application No. | |
| More Information |
