A North Toowoomba development site with rental upside has come to market through Ray White Commercial QLD and Ray White Commercial Toowoomba. 

Comprising three residential lots in one line, 89 & 91 Ruthven Street and 3 Myall Street, Harlaxton are to be sold separately or in one line via an Expressions of Interest Campaign.

Source: Ray White Commercial

Situated on a corner site allowing for a wide range of development opportunities, the site occupies an approximately 2,271sqm land parcel with Low-Medium Density Residential zoning. 

Positioned on the corner of Ruthven Street and Myall Street in the North Toowoomba suburb of Harlaxton, the approximately 44m of street frontage allows exposure to around 22,700 vehicles passing daily. 

Source: Ray White Commercial

Toowoomba is the second largest inland city in Australia behind Canberra and is the established ‘Capital of the Darling Downs’ with a growing population base. Located in Southern Queensland, the city sits atop the Great Dividing Range, approximately 125km west of the Brisbane CBD.

Toowoomba’s access off the Warrego Highway has led the region to benefit from manufacturing, transport, agricultural and mining industries. The property has access to all major transport routes.

Source: Ray White Commercial

The site offers rental upside, with holding income estimated at $34,000* net pa.

Surrounding amenities include Northpoint Shopping Centre and Downlands College.

The Expressions of Interest Campaign closes at 4pm on Tuesday 12 September 2023.

For more information please email either of the Ray White Commercial marketing agents David Atkinson or Paul Schmidt-Lee via the contact form below.

To view the listing or for more information click here.

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