FOR SALE
Price guide: $2,250,000 plus GST

46-54 Stephen Street
South Toowoomba QLD 4350

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 2589m2
Land area: 13500m2
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CBD Fringe Development Site !

L J Hooker Commercial Toowoomba presents a rare opportunity on behalf of our valued client, George Weston Foods. Located at 46-54 Stephen Street, South Toowoomba, this property has been occupied by Mauri Yeast Australia since 1953 and is now available for the first time in over 70 years.
Situated on approximately 1.3 hectares across two titles, the site offers potential for various development opportunities as the surrounding area transitions from industrial to mixed-use. Prospective uses include residential, medical, and aged care facilities, to name just a few, subject to council approval. Site of this size are rare within the CBD and CBD fringe and should not be missed.
While the site's long-term plan involves the demolition of existing buildings, there is an opportunity for short-term holding income. Essential services such as water, sewerage, electricity, and natural gas are readily available.
Key Features:
- Total site area 1.35ha site zoned Low impact Industry
- GFA of 2,589m2* across multiple buildings
- Main attributes include 350m2* site office equipped with a large boardroom, 3 private offices, spacious staff room and locker room with shower amenities. Attached to the office is a 585m2* high clearance storage warehouse with pallet racking. Additionally, there is an extensive 1,290m2* warehouse previously utilized as the yeast factory which includes multiple cold rooms and a packing room
Other improvements include small works shop sheds, storerooms and a training donga
- Ample onsite car parks & an abundance of concrete hardstand & yard area
- Suit a multitude of development options (STCA)
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Property Details for 46-54 Stephen St, South Toowoomba

Building Type
Commercial
Floor Size
2589m2
Land Size
13500m2

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About South Toowoomba 4350

The size of South Toowoomba is approximately 3.7 square kilometres. It has 11 parks covering nearly 20.6% of total area. The population of South Toowoomba in 2011 was 5,224 people. By 2016 the population was 5,237 showing a population growth of 0.2% in the area during that time. The predominant age group in South Toowoomba is 20-29 years. Households in South Toowoomba are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in South Toowoomba work in a professional occupation. In 2011, 54.9% of the homes in South Toowoomba were owner-occupied compared with 51% in 2016.

South Toowoomba has 3,193 properties. Over the last 5 years, Houses in South Toowoomba have seen a 79.41% increase in median value, while Units have seen a 92.39% increase. As at 31 October 2024:

  • The median value for Houses in South Toowoomba is $603,995 while the median value for Units is $493,289.
  • Houses have a median rent of $470 while Units have a median rent of $420.
There are currently 29 properties listed for sale, and 12 properties listed for rent in South toowoomba on OnTheHouse. According to CoreLogic's data, 146 properties were sold in the past 12 months in South toowoomba.

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