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Overview
This elevated development site encompassing approximately 8,258 square metres presents an expansive opportunity within Toowoomba's desirable eastern escarpment precinct. The substantial land parcel is strategically positioned just minutes from the Toowoomba CBD, benefiting from premium outlooks and proximity to major amenities including St Vincent's Hospital and retail centres.
Designed for flexibility, the property features prepared plans for 24 two-storey townhouses incorporating 62 carparking spaces, reflecting a well-considered development concept that offers both density and privacy within a low-density residential zoning context. The surrounding area shows an evolution towards diverse and intensified residential usage, highlighting the suitability of this site for a range of well-executed architectural outcomes.
- Substantial 8,258sqm elevated site combining scale and accessibility.
- Planned development incorporates 24 townhouses and ample parking provisions.
- Located within a premium precinct providing lifestyle connectivity and outlooks.
- Close to major transport routes linking Brisbane and the Darling Downs.
- Encircled by a mix of residential and short-term accommodation uses nurturing a vibrant community atmosphere.
Given its size, location, and planning considerations, this property offers a rare development canvas suited to residential developers and investors seeking to capitalize on Toowoomba’s growth. Its elevated positioning ensures residents will enjoy natural amenity and long-term value benefits.
Local Market Insights
In Redwood, Quiet Listings observed 5 new parcels of land entering the market over the last 30 days, down from 8 during the previous 30-day period, with an average advertised asking price of $511,000. The property type mix of listed properties is predominantly Houses at 79%, followed by units (9%), and townhouses (4%). The most active agency for land in the Redwood area is currently Webster Cavanagh Marsden, representing 40% of new listings, followed by Ray White with 40%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| For Sale | |
| For Sale: $1,265,000 |
Location
Market Insights for Redwood QLD 4350
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