Colliers Toowoomba is pleased to present to the sale market 287 & 289 Herries Street, Toowoomba via Expressions of Interest closing Thursday 31st July 2025 at 4pm.
An exceptional opportunity to secure two neighbouring freehold titles in a rapidly evolving precinct, moments from Clifford Gardens Shopping Centre.
With a combined landholding of 1,426m²* across two equal 713m²* lots, this unique offering includes a commercial office building and an adjoining residential dwellingeach with separate street frontage and strong development upside. Whether you're a developer seeking a site within Toowoomba's Urban Consolidation Precinct, or an investor looking for dual-income potential, this tightly held location delivers immediate and future value.
289 Herries Street -Classified Office
Comprising a 164m²* single-level office building, this well-presented space includes multiple private offices, meeting rooms, reception area and amenities. The property presents a ready-to-occupy solution for professional service providers or a freehold opportunity for investors. The site also offers ample on-site parking, contributing to a total of 10 car spaces across both properties.
287 Herries Street Residential Dwelling
Positioned on its own 713m²* lot, this spacious 4-bedroom home offers immediate rental appeal. The property includes 1.5 bathrooms, a large lock-up garage/alfresco area, and a backyard shedmaking it suitable for tenants, staff accommodation, or as a strategic landholding during planning and approvals for future development.
Importantly, the entire site sits within the Urban Consolidation Precinct, which allows for mixed-use development up to 6 storeys (STCA) due to its close proximity to the Clifford Gardens Major Centre. This zoning presents a rare opportunity to unlock medium-density or mixed-use potential in a highly accessible location.
Key Features:
- Commercial office appraised at $60,000 Net p.a.
- Residential rental appraisal of $550 per week
- Preferential zoning
- Development potential on a substantial combined allotment
A unique opportunity to secure two versatile freehold properties in one of Toowoomba's key growth corridorsoffering holding income, owner-occupier functionality, and significant long-term development upside.
For more information, or to arrange an inspection, please contact marketing agents Gillian Ross or Clem Killen of Colliers Toowoomba.
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