A rare second chance has come about, with the previous contract unable to proceed and the property now back on the market.
Approved for Medical Centre and Caretakers Flat use
Secure long-term tenant with locked in annual rent increases
Premium location opposite Toowoomba Grammar
178sqm building on a 787sqm allotment
On-site parking for 5 vehicles
Free Building and Pest Inspection Report available
Walk-through video tour available, just enquire
Positioned in one of Toowoomba's most sought-after pockets, directly opposite the Toowoomba Grammar sporting ovals and benefiting from a rare three-street frontage, this is a property that immediately stands apart. With a secure long-term tenant already in place, there's an element of certainty from day one - making it an appealing holding for investors.
What truly elevates this opportunity, however, is the existing approval for a Medical/Paramedical Centre and Caretaker's Flat. In a tightly held part of Toowoomba, approvals of this nature are increasingly difficult to obtain - often costly, time-consuming, and in many cases, simply not achievable. Here, that groundwork has already been done.
Beyond its current use, the blue-chip nature of the location also opens the door to future flexibility. It's not hard to see this property one day being thoughtfully converted back into a beautiful residence - a reflection of both its character and the calibre of homes surrounding it.
The property itself, a charming circa 1900s colonial, blends timeless character with a versatile layout. Inside you'll find multiple consulting rooms, a 10-seat waiting area (once the front east facing verandah), storeroom and a flexible office space that also doubles as a self contained caretaker's flat. Surrounded by quality homes, schools, cafés and restaurants, and just minutes to major hospitals and the CBD - opportunities like this are rarely seen and tightly held for good reason.
Around the block;
Toowoomba Grammar sporting ovals: 25m walk across the road
Sage & Butler Café: 170m walk
Toowoomba East State School: 260m walk
Queens Park: 380m walk
St Vincents Hospital: 740m walk
Toowoomba CBD: 880m walk
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