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JLL - Brisbane

542-558 Hume Street Middle Ridge, QLD 4350

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542-558 Hume Street,
Middle Ridge, QLD 4350

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JLL - Brisbane
Jake Burrowes
Liam Petersen

JLL - Brisbane

Central Plaza One Level 39, 345 Queen Street
BRISBANE CITY, QLD 4000
JLL - Brisbane
542-558 Hume Street
Middle Ridge, QLD 4350

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8.55Ha* South Toowoomba Development Site

  • 8.55Ha* Landholding
  • Flexible Underlying Zoning
  • Up to 40 dwellings per Ha
JLL Metropolitan & Regional Land QLD is pleased to offer to the market 542-558 Hume Street, Middle Ridge; a plug and play development opportunity in Toowoomba’s premier suburb.



Key features of the property include:
•8.55Ha* landholding, with 625m* of dual street frontage to Hume Street and Pillar Street.
•Not subject to restrictive overlays and favourable zoning requirements allowing for up to 342* new dwellings, across a range of typologies including house and land, townhouses and land lease community
•Excellent connectivity to CBDs and quality amenities – multiple schools, retail precincts, and recreational hubs; and set to benefit from significant new transport and infrastructure upgrades.
•Favourable market conditions and suburb demographics: huge demand-supply discrepancy, reflected in the drastic growth of Middle Ridge property values in recent years, outperforming Queensland by 30%* with a median sale price of $965,000*.

542-558 Hume Street, Middle Ridge is being offered for sale via an Expressions of Interest campaign closing Tuesday 3 June at 4:00pm (AEST).

*Approximately

Middle Ridge, 4350 demographic data

The median household income for Middle Ridge is $2,177, 44% higher than Regional Queensland's household income of $1,507. Middle Ridge has an older age profile compared to the rest of Regional Queensland (median age 43 vs 41). Property ownership data shows 43% of property owners in Middle Ridge have a mortgage.

7,595
Population
$2,177 per week
Median household income
43 years
Median age
Owners
Most residents
Families
Most households
JLL - Brisbane
Central Plaza One Level 39, 345 Queen Street
BRISBANE CITY, QLD 4000

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