25 West Street, Newtown, Qld 4350

A rare opportunity has presented itself, this is your chance to secure a fantastic property! Situated only minutes to the vibrant Toowoomba CBD, to the new Toowoomba Hospital (currently under construction, due for 2027 completion), the Toowoomba Second Range Crossing and central to all of the amenities our booming city has to offer!

This property is ideally suited to buyers looking to renovate, land bank, develop, or even for an investor. With the property being subject to a lapsed DA approval for 5 units. This property has two street access (Brim Street and West Street), is currently zoned low-medium density and is gently sloping towards West Street, making this an absolutely perfect opportunity to develop. The current owners bought the property with an approved DA for up to 5, 2 bedroom units.

The property is currently returning $365/week until 19/09/2025, to great tenants, therefore returning whilst you go through the approval process.

The house itself is a perfect renovation project, featuring two bedrooms with built-in wardrobes, a large kitchen, flowing into the dining room. A separate east facing living room, with a fireplace.

Downstairs is a well sized rumpus room, or additional bedroom.

Features include but aren't limited to:

• Zoned low-medium density residential
• Two street access to 1,009m2 block
• Lapsed approved DA for 5 x 2 units
• Development possibilities include 1 into 2 lots; units; duplexes (subject to Council approval)
• Great location, close to everything
• Gently sloping towards West Street
• Two large bedrooms, both built-in
• Huge kitchen, with heaps of storage
• Updated family bathroom
• Two carports
• Additional storage shed
• Welcoming, covered front porch
• Currently tenanted at $365/week until 19/09/2025
• Current rental appraisal available on request

As the property is currently tenanted, all inspections require 24 hours notice.

Don't delay an inspection on this fantastic home! For more information or to book your private inspection, contact Ben on 0400 436 802 or Adam on 0411 560 343.

Rates: Approximately $1,382.97 per half year
Water Access: Approximately $335.76 per half year


AUCTION DETAILS:
4th March 2025 from 6.00pm
Ray White Toowoomba, 580 Ruthven Street

Can't attend in person? Watch the auction online!

https://raywhitetoowoomba.com/watch-our-auctions-live