Watch Watch
Your home of Development Ready videos
Watch Watch
Back
Sold Check

232 Spring Street, Middle Ridge QLD 4350,

+11 Photos

232 Spring Street, Middle Ridge QLD 4350,

Middle Ridge

×
Sold Check
+13 Photos

232 Spring Street, Middle Ridge QLD 4350,

Middle Ridge

SOLD
232 Spring Street, Middle Ridge QLD 4350,

232 Spring Street, Middle Ridge QLD 4350,

Properties / Sold / Queensland / Middle Ridge
Development Potential
Property Type
Residential
Land Area
4,025 m² (*approx)
LGA
Toowoomba Regional
Selling Method
SOLD: $1,421,000
Show All
CNR position Calypso Cres, Hume & Spring St - 4025m² - Prime Development Site - RARE Investment or Landbank Opportunity!

Surrounded by brand new housing estates and major retail shopping nearby, 'Myalla' lends itself to development as a premier residential estate with three road frontage on the much sought after eastern side of Ruthven Street!

Renovate or extend the existing timber character home and landbank for the future - remove the home and build an outstanding signature residence on an acre of your own land - subdivide to create multiple allotments - build a cluster of high end, high spec homes - or explore a multi-dwelling development - the options cater for all astute buyers!

This is your opportunity to acquire this outstanding real estate in the quiet residential enclave of Middle Ridge. Properties of this size and calibre won't last, contact Myles today to pre-register for the auction - don't miss this one!

• Zoned Low - Medium Density Residential
• Can be split down to 300*m2 allotments (TRC prefers 450*m2)
• Corner position - 3 road bitumen frontage
• Town water connection & mains power
• Surrounded by premium residential high dollar housing
• Prime opportunity located in Middle Ridge
• Build an outstanding signature residence
• Build a cluster of high end, high spec homes*
• Explore a multi-dwelling development*
• Subdivide to create multiple allotments*
• Renovate and extend the character home
An acre of land ready to develop in Middle Ridge nearly seems unbelievable? This block has all round appeal & will be sold - pre-register for the auction now!

* = approximately &/or STCA (Subject to Council Approval)

Rates: Approximately $2400.06 net per half year
Water Access: Approximately $314.95 net per half year

AUCTION DETAILS:
14th December 2021, From 6.00pm
Ray White Toowoomba, 580 Ruthven Street
Due to COVID19 restrictions in room auctions are considered "invite only". Only people who have displayed an intent to purchase the property throughout the campaign should attend in person. Can't attend? Watch the auction online!

https://raywhitetoowoomba.com/watch-our-auctions-live

We're here for you...

When inspecting a property, the following guidelines will be required, and your assistance appreciated -

Physical distancing should always be observed.

No more than one person per 2 square metres for areas open to or used by guests or patrons, whether indoors or outdoors.

All persons to remain at least 1.5 metres away from other groups where possible.

The agent conducting the inspection will encourage those attending to wash their hands with alcohol hand rub when they enter and exit. Alcohol hand rub will be made available for those attending at the entrance and, if the entrance is not also the only available exit, at each available exit.

The agent conducting the inspection will complete and retain (and produce for inspection as may be required), a written/or digital collection notice that complies with all legal requirements and directions.

We are here to help you with your property search and with the lowest interest rates ever available there has never been a better time to buy.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

232 Spring Street Development Site Summary

Property Type
Residential
Land Area
4,025 m² (*approx)
Toowoomba Regional
Selling method
SOLD: $1,421,000

Development Site Highlights

CNR position Calypso Cres, Hume & Spring St - 4025m² - Prime Development Site - RARE Investment or Landbank Opportunity!

Surrounded by brand new housing estates and major retail shopping nearby, 'Myalla' lends itself to development as a premier residential estate with three road frontage on the much sought after eastern side of Ruthven Street!

Renovate or extend the existing timber character home and landbank for the future - remove the home and build an outstanding signature residence on an acre of your own land - subdivide to create multiple allotments - build a cluster of high end, high spec homes - or explore a multi-dwelling development - the options cater for all astute buyers!

This is your opportunity to acquire this outstanding real estate in the quiet residential enclave of Middle Ridge. Properties of this size and calibre won't last, contact Myles today to pre-register for the auction - don't miss this one!

• Zoned Low - Medium Density Residential
• Can be split down to 300*m2 allotments (TRC prefers 450*m2)
• Corner position - 3 road bitumen frontage
• Town water connection & mains power
• Surrounded by premium residential high dollar housing
• Prime opportunity located in Middle Ridge
• Build an outstanding signature residence
• Build a cluster of high end, high spec homes*
• Explore a multi-dwelling development*
• Subdivide to create multiple allotments*
• Renovate and extend the character home
An acre of land ready to develop in Middle Ridge nearly seems unbelievable? This block has all round appeal & will be sold - pre-register for the auction now!

* = approximately &/or STCA (Subject to Council Approval)

Rates: Approximately $2400.06 net per half year
Water Access: Approximately $314.95 net per half year

AUCTION DETAILS:
14th December 2021, From 6.00pm
Ray White Toowoomba, 580 Ruthven Street
Due to COVID19 restrictions in room auctions are considered "invite only". Only people who have displayed an intent to purchase the property throughout the campaign should attend in person. Can't attend? Watch the auction online!

https://raywhitetoowoomba.com/watch-our-auctions-live

We're here for you...

When inspecting a property, the following guidelines will be required, and your assistance appreciated -

Physical distancing should always be observed.

No more than one person per 2 square metres for areas open to or used by guests or patrons, whether indoors or outdoors.

All persons to remain at least 1.5 metres away from other groups where possible.

The agent conducting the inspection will encourage those attending to wash their hands with alcohol hand rub when they enter and exit. Alcohol hand rub will be made available for those attending at the entrance and, if the entrance is not also the only available exit, at each available exit.

The agent conducting the inspection will complete and retain (and produce for inspection as may be required), a written/or digital collection notice that complies with all legal requirements and directions.

We are here to help you with your property search and with the lowest interest rates ever available there has never been a better time to buy.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Finance Calculator

232 Spring Street, Middle Ridge QLD 4350,

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:*

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
in full report
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: queensland
Indicative rate for queensland. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO queensland for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of 232 Spring Street, Middle Ridge QLD 4350,

One moment please.

Retrieving map...

Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Report Contains

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Download Report
Download Report
232 Spring Street, Middle Ridge QLD 4350, Middle Ridge