We bring the whole team to give you a powerful advantage
Learn More
Sold
House

595 South Street Glenvale, QLD 4350

Sold for $425,000 on 22 Aug 2018
  • 2 Beds
  • 1 Bath
  • 2 Cars
Agents

Sold By

  • Loading...
595 South Street, Glenvale, QLD 4350

House in Glenvale

The Numbers Stack Up!

  • 2 Beds
  • 1 Bath
  • 2 Cars

Canny Developers, astute investors or land bankers with an eye for the future, be in the heart of the expanding Western growth corridor of Toowoomba with major land developments opposite and nearby, adjutant to an overs 50s village, proposed new retail centre in the area, expanding schools and close to major employment hubs of Charlton and the new Wellcamp airport.

Opportunities subject to TRC approvals but acceptable outcomes under the current town plan include but are not limited to Child Care centres, Health care services, Veterinary services, accommodation activities, club, community care centre, or place of worship.

The current zoning of low - medium density residential allows multi residential options. This strategic holding of 5,661m2 demands your attention and with a holding income of over $28,000 per year or $555 per week from the 3 separate tenancies, any way you do the maths this stacks up.

Improvements include:

  • Huge 5,661m2 block
  • Zoned low to medium density
  • Rented two bedroom home
  • Large amount of hard stand
  • Multiple tenants provide
  • Holding income of $555 per week
  • Excellent development opportunity
Features:
  • Close To Schools
  • Close To Shops
Parking:

2 garage spaces

Bedrooms:

2

Bathrooms:

1