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House in Middle Ridge
Toowoomba's most diverse investment opportunity - Big 1360m² block - Massive value
- 5 Beds
- 3 Baths
- 1 Car
Located in the heart of Middle Ridge this property offers a broad range of development opportunities each which may leverage the beautiful colonial home and 1360m2 allotment.
A wide 40m road frontage will potentially allow for subdivision of another lot, leaving the period section of the existing structure open to renovation and a prime vacant lot next door. Short supply of Middle Ridge land is only becoming more acute.
The current Low to Medium Residential zoning would also benefit a unit project. Removal of the house will allow for a five unit application and subject to TRC approvals the complex would be ideally positioned within easy walking distance to shops and schools.
Existing approval is also in place for a professional service business to adapt the site. Ample car parking room and a big 342m2 total building area is an excellent starting point. Polished timber floors and period features help create the right atmosphere.
Supreme seller motivation has resulted in an enormous reduction in price from any previously advertised. Call me today for an Information Memorandum and inspection time
- Close To Schools
- Close To Shops
- Fireplace(S)
- Polished Timber Floor
- Secure Parking
- Single Garage
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