Colliers International Toowoomba are proud to present to the market, West Toowoomba Bowls Club at 5 Rome Street, Newtown via Expressions of Interest closing 23 May at 4pm.
First time to market, this underdeveloped site offers a high exposure in a prominent CBD fringe location and is suitable for a variety of development options.
Site features include:
- 5,906 sqm* allotment over 4 titles
- 2 street frontages
- ‘Sports & Recreation’ Zoning
- Improvements include 600sqm* of building area over two levels
- Currently operating as licensed premises under a ‘Club License’
- Holding Income offered via leaseback
Presenting a multitude of development opportunities such as child care, medical/veterinary, place of worship, motel, indoor recreation facility, function centre/licensed premises or residential uses (subject to council approval).
The current owners are very excited to be relocating to a new purpose-built premise and are offering a 2-year lease back with options, providing holding income for the new owners whilst they position the asset for redevelopment.
Rarely to do quality opportunities like this come to the market, which offer diverse development potential in close proximity to the Toowoomba CBD. Act now!
*Areas & outlines are approx.
Accelerating Success. For more information, please contact Dan Dwan or Arthur Carpenter of Colliers International Toowoomba.
Highlights:
* 5,906 sqm* allotment over 4 titles
* 2 street frontages
* Multitude of development options
