81-85 Glennie Street, Drayton QLD 4350

Discover a developer's dream in the heart of Toowoomba � an unparalleled opportunity awaits you. Secure your future with a DA-approved development featuring 16 townhouses, meticulously designed for modern living.
Nestled on a sprawling 4,108sqm level block, this property not only promises convenience but embodies the essence of affordable housing solutions. Imagine the potential as you explore the possibilities of creating a vibrant community within this prime location.
With a meticulously planned layout, each townhouse boasts 4 bedrooms, 2 bathrooms, and a double garage. Two living spaces, one on each floor, provide an ideal canvas for crafting contemporary and comfortable homes.
This isn't just a property; it's a canvas for your visionary development. The preliminary assessment indicates a secure and viable investment with an estimated building cost of $2.5 million for the first stage of 11 townhouses. The appeal extends beyond the residences � an existing fully renovated home, currently fetching $19,760 in rent, offers immediate returns. Additionally, a rented shed generating $8,880 + GST, coupled with half of the council rates per annum, adds another layer of financial security.
Convenience is key, with a quick 12-minute drive to Toowoomba CBD and easy access to schools, daycare, shopping centers, and the University of Southern QLD. Mains water, sewer, and NBN availability on-site ensure your development is seamlessly connected to essential services.
Picture this: a thriving community emerging from your vision, providing affordable housing solutions and creating a legacy of secure investments. Sell or lease off the plan, capitalizing on the demand for contemporary living in a strategic location.
Seize the opportunity � the groundwork is laid, the vision is clear, and the potential is immense.

Contact Michael Good - LJ Hooker Toowoomba
0422 718 476