259 Hursley Road

Torrington QLD 4350

Currently comprising of two (2) titles, this expansive 15.45-hectare site, can be purchased as a single lot or individually by the 10.16-hectare and 5.29-hectare parcels.

Features Include:
- Substantial infill residential development site of 15.45-hectare, with opportunity to purchase entire site or by individual titles of 10.16-hectare and 5.29-hectare land parcels.
- Zoned Emerging Communities providing flexibility for a range of residential development outcomes.
- The site is covered by Temporary Local Planning Instrument (TLPI) which allows for code assessable development as if it was zoned Low Density Residential (STCA).
- Well-designed layout and efficient subdivision concept plan for a 66-lot residential subdivision on the 5.29-hectare site as well as a 96-lot residential subdivision on the 10.16-hectare site.
- Anticipated yield of circa 162 residential lots across entire site area, complying with current planning guidelines however higher density may be possible, subject to planning advice and council approvals.
- Adjoining land recently approved for Retirement Facility provides further options for a range of uses (STCA).
- The site benefits from two-street-frontages on Hursley Road and Robson-Hursley Road. An existing cost-sharing agreement is in place to share the expense of delivering part of the approved internal collector road.
- Extensive infrastructure readily available at property.
- Booming local and regional economy with diversified growth engines driving development.
- Population forecasts show Toowoomba growing strongly to a population of more than 240,000+ residents in the next 25 years (SEQRP 2023).
- Close proximity to existing social infrastructure including Coles Glenvale & Clifford Gardens Shopping Centre, Glenvale Christian School, Glenvale State School.

The site's 'blank canvas' status allows for creative freedom in the planning and design process. With minimal existing infrastructure constraints, developers have the opportunity to design and implement a development that aligns with their vision and market needs. This flexibility can lead to innovative and standout projects that define the character of the area.

As the community continues to expand, there is an increasing demand for new residential and mixed-use developments. This site is well-positioned to meet this demand and capitalize on the growth trends in the region.

For more information, please contact Exclusive Marketing agents Dan Dwan, Chris O'Driscoll or Brendan Hogan of Colliers.

Accelerating success.