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House
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for sale
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207 213A Ruthven Street & 26 Gordon Street, North Toowoomba QLD 4350
Mount Lofty, Toowoomba
· 6 Bedrooms · 6 Baths · House
Mount Lofty, Toowoomba · 6 Bedrooms · 6 Baths · House
An outstanding opportunity to acquire a significant development-ready site with an existing Development Approval for 54 residential apartments. Comprising six titles across a strategic landholding with Ruthven Street frontage and rear access from Gordon Street, this offering is primed for delivery or repositioning. Originally planned as a social housing project to service the Toowoomba region, this fantastic site would suit a multitude of uses (STCA). Key Features: - DA approved for 54 units: 34 x 1-bed, 12 x 2-bed, and 8 x 3-bed apartments - Low-Medium Density Residential zoning - 3,238mÃÆ'¯¿½ total area across 6 contiguous lots - Rare dual access: main road exposure plus secondary access - Approval current through to June 2030 - Existing improvements include four cottages and two commercial tenancies - Potential holding income circa $90,000 p.a. (vacant possession available) Location Highlights: - 1.4km to Toowoomba CBD - 450m to Bunnings, 950m to Northpoint Shopping Centre - Immedia
An outstanding opportunity to acquire a significant development-ready site with an existing Development Approval for 54 residential apartments. Comprising six titles across a strategic landholding with Ruthven Street frontage and rear access from Gordon Street, this offering is primed for delivery or repositioning. Originally planned as a social housing project to service the Toowoomba region, this fantastic site would suit a multitude of uses (STCA). Key Features: - DA approved for 54 units: 34 x 1-bed, 12 x 2-bed, and 8 x 3-bed apartments - Low-Medium Density Residential zoning - 3,238mÃÆ'¯¿½ total area across 6 contiguous lots - Rare dual access: main road exposure plus secondary access - Approval current through to June 2030 - Existing improvements include four cottages and two commercial tenancies - Potential holding income circa $90,000 p.a. (vacant possession available) Location Highlights: - 1.4km to Toowoomba CBD - 450m to Bunnings, 950m to Northpoint Shopping Centre - Immedia
Request Details