Situated in a prime location surrounded by all the amenities Toowoomba's CBD has to offer and within walking distance to shopping, cafes, restaurants, entertainment and parks, this is a golden opportunity to secure an inner city 665m2 block with an ideal easterly aspect and rare two street access.
Builders/developers - take advantage of the current DA approval with plans for a high-end contemporary duplex.
Land buyers - create a luxurious inner city oasis by designing and building a stunning residence.
Previously home to a timber cottage, there is a residual two bedroom granny flat to the rear of the property.
This is a location that offers convenience and accessibility and could possibly be your last opportunity to buy a block of land so close to the CBD.
Committed sellers require a sale at or prior to public auction on 23rd July 2024.
Enquire for a full copy of council approved duplex plans.
Rates: Approximately $1,001.47 per half year
Water Access: Approximately $315.29 per half year..
The size of East Toowoomba is approximately 4 square kilometres. It has 11 parks covering nearly 11.7% of total area. The population of East Toowoomba in 2011 was 5,675 people. By 2016 the population was 5,257 showing a population decline of 7.4% in the area during that time. The predominant age group in East Toowoomba is 10-19 years. Households in East Toowoomba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Toowoomba work in a professional occupation. In 2011, 55.5% of the homes in East Toowoomba were owner-occupied compared with 54.7% in 2016.
East Toowoomba has 3,276 properties. Over the last 5 years, Houses in East Toowoomba have seen a 77.48% increase in median value, while Units have seen a 83.19% increase. As at 30 November 2024:
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