142 Glennie Street
Drayton, QLD 4350

Overview

High-Growth Corridor - Ideal for Developers or Investors (STCA)

This property presents a prime opportunity in a rapidly developing area of Toowoomba, situated on sought-after Glennie Street. It is ideal for developers, investors, and lifestyle buyers seeking a versatile parcel of land with strong growth potential.

Located within an emerging community zone, the property benefits from a practical block size and layout that maximizes development possibilities, subject to council approval. The surrounding area is experiencing ongoing residential development, reflecting increasing demand and promising future value.

The land spans approximately 1.998 hectares (4.94 acres), offering ample space for various uses. Currently, the property includes a removable three-bedroom home, providing immediate accommodation or rental income potential. This flexibility allows for either continued use or clearing for redevelopment.

Key features of the property include three bedrooms and one bathroom within the existing dwelling, a rear garage with space for two vehicles, and the option to remove existing structures. The emerging community zoning supports a range of development opportunities, making this an attractive prospect for subdivision, multi-dwelling projects, or land banking.

For those interested in equestrian or lifestyle pursuits, the property offers generous space suitable for paddocks and grazing. A bore water supply ensures reliable year-round water availability, supporting livestock and land maintenance, which is ideal for a relaxed rural lifestyle.

Conveniently positioned close to schools, shopping centers, and essential amenities, this property combines lifestyle benefits with strong development upside. Its location within a high-growth corridor enhances its appeal for long-term investment or immediate use.

Opportunities of this nature are rare in the current market. This property offers immediate flexibility and significant long-term potential, making it a valuable acquisition for a variety of buyers.

Location