FOR SALE
$1,800,000

423 Alderley Street
Harristown QLD 4350

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 330m2
Land area: 2486m2
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Historic Homestead with Commercial Potential

Think "Chocolate Cottage" village with "Urban Grounds" or "Cafe Valetta" style cafe. If you have a business mind and want something different to make your mark on Toowoomba, then this is it!.
Massive Commercial Potential- This amazing parcel of land owned by one family for over 100 years, comprises three separate lots;Lot 1 - 1287 m2, Lot 4 - 592 m2, Lot 5 - 607 m2, with a grand total of 2486 m2 of mixed density zoned residential land. Built in 1904 by Scottish immigrants and purchased by the current owners great, great grandmother in 1917 it was once a 400-acre lot and one of the first houses in the Harristown area.
The original farmhouse was a single-story home with only two bedrooms. Then over 17 years, the current owner extended both out and up transforming this home into a masterpiece of architectural art. The layout and large rooms within this property have all the markings of a viable commercial property.
Tongue & Groove interior walls, 3.5m high ceilings and an open fireplace in the large sitting room. A separate wood heater in the galley kitchen offers relaxed and comfortable living. The kitchen adjoins the large sunroom which opens onto an expansive Northern deck, perfect for entertaining and relaxing and could be used commercially as a cafe.
Downstairs, there are 2 big rooms that could be rented out as professional office spaces or treatment rooms.
This incomparable homestead features extensive use of recycled timbers adding character to every room. The Huon Pine that was used originated from Tasmania and was shipped up to construct another building in Toowoomba in 1880. Recycled hardwoods include Iron bark, Gum and North Queensland Box wood.
The internal timber staircase, made of exotic Asian hardwood, leads to an amazing chalet style loft area with cathedral ceilings. Currently used as the master bedroom, it would work wonderfully as additional seating to your new café business. Measuring 10m x 12m it has a balcony and large windows which showcase 360 degree views of the city. The ceiling height is up to 16 feet high with 2 huge gables creating a vast and spacious living area.
With street access from Alderley St and Butt St the potential to create a vibrant inner suburb village is perfect here. Think single person shops for artisans, beauty and massage or crystals, candles, and photographer or florist. With five retirement villages within walking distance of this property and nowhere for them to get coffee or socialise, this location for a cafe/ artisan hub would be a welcome addition to Harristown locals of all ages. Only your imagination holds you back in this once-in-a-lifetime opportunity. Overlooking parkland at the rear of the home this may well be the last block of this kind available in Toowoomba.
This block offers amazing flexibility to the investor and a huge potential return on investment as all blocks are zoned for development, subject to TRC approval. Although it would be a shame to pull down the house and build townhouses, you very well could and potentially fit 12-15 dwellings depending on design. With so much potential you don't want to let this one pass you by. Call Michelle today to discuss.

Property Details for 423 Alderley St, Harristown

423 Alderley St, Harristown is a 3 bedroom, 2 bathroom House. The property has a land size of 2486m2 and floor size of 330m2. The place is currently for sale with Cooinda Properties Toowoomba.

Building Type
House
Floor Size
330m2
Land Size
2486m2

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About Harristown 4350

The size of Harristown is approximately 7.2 square kilometres. It has 18 parks covering nearly 2.8% of total area. The population of Harristown in 2011 was 8,490 people. By 2016 the population was 8,550 showing a population growth of 0.7% in the area during that time. The predominant age group in Harristown is 20-29 years. Households in Harristown are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Harristown work in a trades occupation. In 2011, 56.4% of the homes in Harristown were owner-occupied compared with 53.9% in 2016.

Harristown has 4,735 properties. Over the last 5 years, Houses in Harristown have seen a 93.53% increase in median value, while Units have seen a 58.33% increase. As at 30 November 2024:

  • The median value for Houses in Harristown is $568,872 while the median value for Units is $365,409.
  • Houses have a median rent of $480 while Units have a median rent of $410.
There are currently 23 properties listed for sale, and 18 properties listed for rent in Harristown on OnTheHouse. According to CoreLogic's data, 220 properties were sold in the past 12 months in Harristown.

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Michelle M.Kennedy
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Cooinda Properties Toowoomba
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