House for sale

255 - 271 Greenwattle Street,

Cranley, QLD

4 2 2
Expressions of Interest Closing 24th May at 5pm

BLUE CHIP RESIDENTIAL DEVELOPMENT PARCEL OF 7 ACRES

This prime positioned parcel of almost 7 Acres or 2.83 Hectares, is Zoned Low Density Residential, and has the potential to be subdivided in to approximately 41 residential allotments, subject to council approval. Set on a gentle sloping site, with good soil type, power, town water, and sewer all near by, the 145m frontage to Greenwattle Street, and both Halsworth Street, and Liebke Crescent intersecting the properties southern boundary, makes this property an ideal residential development.

A large solid four built in bedroom brick home with detached double garage currently rests within the park like lawns and gardens. It has been a treasured and much loved comfortable home of its former owner. The home boasts a huge formal lounge and formal dining room, spacious family living room, casual dining adjoining a large open plan kitchen. In addition to the main family bathroom, there is a second shower and toilet off the laundry. A fern house come pergola or breeze way connects the matching double brick garage adjacent to the home. The home may well be viable to retain within your development design, and renovate to incorporate into the new neighbourhood.

A three bedroom character cottage in reasonably good order, a number of sheds and outbuildings, complete the property. The two homes would provide a combined rent return figure of approximately $600 per week, and more if some acreage is included, whilst your Development Approval is being progressed.

A magnificent large Moreton Bay Fig Tree graces the rear of the property, which would be worthy of retaining for a small parkland area, to make the development even more appealing and family friendly.

Toowoomba's multi-million dollar Grand Central retail redevelopment & expansion, together with the Wilsonton Shopping Centres redevelopment, the new Wellcamp Airport and Business Park, Interlink Southern Queensland Global Logistics Centre and Industrial Park, the Technology Park - Pulse Data Centre, a Meat Processing Plant, all of this progress under pins the confidence and security you can have in your investment of this quality development project such as this parcel at 255 to 271 Greenwattle Street, Cranley/Wilsonton, Toowoomba.

Please contact the Agent Murray Troy 0400 772 210, for a copy of the property prospectus, and to arrange your private inspection of the property.
Last updated: 10:19AM on May 12th 2019
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