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114-116 Russell Street Toowoomba City, QLD 4350

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114-116 Russell Street,
Toowoomba City, QLD 4350

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Map of 114-116 Russell Street

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Outstanding Development Opportunity

Located at the heart of Toowoomba's bustling cityscape, the combined properties of 114 and 116 Russell Street present an exceptional investment opportunity for discerning property developers. Spanning a generous total land area of 2,994sqm*, this prime parcel of land boasts a commanding 50m* frontage along Russell Street, a premier thoroughfare that serves as a gateway to the central business district. Its strategic proximity within walking distance to the CBD ensures unparalleled convenience and accessibility.

One of the standout features of this property is its dual street access, with frontage not only to Russell Street but also to Baty Lane. This rare attribute not only enhances accessibility but also offers versatile design possibilities for potential developments. Zoned as Principal Centre, the land parcel provides an extensive array of development options, making it an ideal canvas for realising visionary architectural concepts.

The property's proximity to transport hubs ensures seamless connectivity, facilitating effortless commutes for employees and patrons alike. With transport options right at its doorstep, including public transportation routes and a major thoroughfare, the location enhances the appeal and viability of any prospective development. 114 and 116 Russell Street present a unique and lucrative investment opportunity, poised to become a landmark development that not only contributes to Toowoomba's urban landscape but also promises substantial returns for savvy investors.

* Approx.

Toowoomba City, 4350 demographic data

The median household income for Toowoomba City is $1,084, 28% lower than Regional Queensland's household income of $1,507. Toowoomba City has a similar age profile compared to the rest of Regional Queensland (median age 41). Property ownership data shows 47% of property owners in Toowoomba City have a mortgage.

2,321
Population
$1,084 per week
Median household income
41 years
Median age
Renters
Most residents
Singles
Most households
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114-116 Russell Street
Toowoomba City, QLD 4350
RWC - Toowoomba
145 Herries Street
TOOWOOMBA CITY, QLD 4350

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