51 Tourist Road East Toowoomba QLD 4350

Subdivision | Prestigious | Investment

Dean Dederer from Place Projects is pleased to offer for sale this iconic development site on the Great Dividing Range in prestigious East Toowoomba - known as Tripoint Terraces.

Currently comprised of 3 lots improved by residential dwellings with current tenancies in place, which combine to form a generous 2,547sqm triangular-shaped site. This Low-Medium Density Residential zoned site also has a current development approval for 6 prime residential lots.

The extremely rare 'island' development site has frontage access to Tourist Road, James Street and Burke Street. It is perfectly positioned directly opposite The Range Shopping Centre, with proximity to St Vincent's Private Hospital, Toowoomba Grammar School, Fairholme College, the Eastville restaurant precinct and picturesque Picnic Point.

What Makes This Opportunity Unique ?
- strategic infill development site or investment opportunity
- council approved six premium residential lot subdivision
- substantial holding income from existing dwellings
- potential for a higher density use, such as apartments (STCA)
- prime location, with a plethora of amenity at its door step
- panoramic escarpment views from level three
- capitalise on Toowoomba's residential land and dwelling shortage

Enquire today to receive your copy of the Information Memorandum and approved site redevelopment plans. * Expressions of Interest closing 4.00pm AEST Friday 31 May *