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Residential Investment with Value Add Commercial Developm...

360A & 360B Bridge Street, WILSONTON QLD, 4350

For Sale

Property for Sale in 360A & 360B Bridge Street, WILSONTON QLD, 4350

Colliers International Toowoomba

126 Margaret St, Toowoomba City, QLD 4350

Listing ID:
11382848
Status:
Active
For:
Sale
Price:
Expressions Of Interest
Last Updated:
01/06/2020
Icon building

Property Type

Land/Development/Offices
Icon square

Land Area

2468 SQM
Icon size

Floor Area

1 SQM
Icon parking

Parking

8

Residential Investment with Value Add Commercial Development Potential!

360A & 360B Bridge Street offers an outstanding residential investment opportunity with value-add development potential! The site offers 2,468sqm of Low Medium Residential land with 48.8m* of frontage to Bridge Street, directly opposite recently redeveloped Wilsonton Shopping Centre.

Features include:
• 360A Bridge Street offers 1,234m2 block with a 3-bedroom brick home with 1 bathroom & 2 car accommodation with the potential for a rental income of $17,160 per annum
• 360B Bridge Street offers a 1,234m2 block with a block of three 2 bedrooms units with a current rental income of $32,240 per annum
• 2,468m2 block over 2 titles
• Zoned ‘Low- Medium Residential – Urban residential Precinct allowing for multiple development opportunities (STCA)
• Prime outbound location with 19,774 average daily passing traffic
• High density residential location & in close proximity to Wilsonton Shopping Centre, McDonalds. KFC & Hungry Jacks.

With the potential for a yearly income of $51,480 per annum, this opportunity will be well suited to a semi-retired investor, SMSF purchaser looking of a low maintenance investment or an astute developer looking a development site with holding income.

Accelerating Success. For more information please contact Dan Dwan of Colliers International Toowoomba.

* Areas are approximate

For more details, please email agent

Colliers International Toowoomba

126 Margaret St, Toowoomba City, QLD 4350


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