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Land/Development

3 Bracker Street Toowoomba, QLD 4350

Sold on 17 Dec 2023
  • Building: 442m²
  • Land: 1,295m²
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Land/Development in Toowoomba

MORTGAGEE SALE: 1,295m²* Development Site / Vacant Residential Care Facility (Opportunity for Adaptive Reuse)

  • Building: 442m²
  • Land: 1,295m²

RWC Queensland and RWC Toowoomba, under instructions from the Mortgagee Exercising its Power of Sale, has the pleasure to offer 3 Bracker Street Toowoomba, Queensland, to the market. For sale via Auction, In-Room, on Thursday 14 December 2023 at 4.00pm (AEST).

OCCUPY, INVEST, OR DEVELOP

With an existing vacant Residential Care Facility, this property offers multiple opportunities (STCA^) including:

  • Occupy the existing Residential Care Facility;
  • Invest and value-add by refurbishing, expanding, and leasing the building; or
  • Develop the 1,295m²* site zoned Mixed Use (6 storey^ Building Height).

A 1,295m²* Development Site / Vacant Residential Care Facility located in Toowoomba City and situated just 600 metres* to Grand Central Shopping Centre, 800 metres* to Queens Park, 900 metres* to Toowoomba Hospital, 1,200 metres* to Toowoomba Train Station, 1,500 metres* to the City Golf Club, and 4.4 kilometres* to University of Southern Queensland Toowoomba Campus.

- 1,295m2* land area
- Planning Authority - Toowoomba Regional Council
- Planning Scheme - Toowoomba Regional Planning Scheme
- Zone - Mixed Use
- Precinct - City South Precinct
- Building Height - 6 storeys^
- Vacant 19-room Residential Care Facility (Potential for Adaptive Reuse)
- Existing Improvements:
o Single level building currently a 19-room boarding house
o external on grade car parking spaces
o 60 solar panels on roof and PV inverter
- Development Approval - Extension to Residential Care Facility, Thirteen (13) additional rooms, maximum of Twenty-six (26) rooms. The currency period of the approval ended on 13 March 2023.

For Sale via Auction, In-Room, on Thursday 14 December 2023 at 4.00pm (AEST).

In-Room Auction Location:
Level 26, 111 Eagle Street, Brisbane QLD

INSPECTION TIMES
Friday 01/12/2023 - 1.00pm
Tuesday 05/12/2023 - 11.00am
Thursday 07/12/2023 - 3.00pm
Monday 11/12/2023 - 1.00pm
Wednesday 13/12/23 - 10.00am

*Approximately (radial km)
^Subject to Council Approval
Image outlines/labels indicative only

Building:

442m²

Land:

1,295m² / 0.32 acres

Tenancy:

Vacant

Categories:

Land/Development, Medical/Consulting, Other

3 Bracker Street, Toowoomba, QLD 4350