The property is being sold by Expressions of Interest closing 4.00pm Friday the 12th of March 2021
The parcel is a 18.26 Ha site and is zoned Emerging Communities under the current Toowoomba Regional Planning Scheme and as such offers future opportunity to sub-divide the parcel (subject to council approvals) into residential housing lots. Both sewerage, town water, power and other services abut the site. RMA Engineers have undertaken a preliminary study and their preliminary investigations indicate that the site would yield around 195 lots at an average of 600 sqm or greater.
The area surrounding the site is developing rapidly with preliminary approval for a new kindergarten to year 6 Catholic School being received by the Catholic School's Office late in 2020. This site is adjacent to the western boundary of the subject property and will provide further attraction to young families looking for a first home lot.
As far as development constraints are concerned the property itself has a north easterly aspect and is generally flood free.
There is no remanent vegetation or significant land clearing required as the site has been farmed in one form or another since the settlement of Meringandan around 1868 and the only improvements are a shed and ancillary improvements. Additionally the property is not on the Contaminated lands register nor the Environmental management register.
For more information please contact marketing agent Mike Stewart on 0418 717 361 or mstewart@ljht.com.au
