6 Toowoomba Road, Oakey, QLD, 4401

For Sale

6 Toowoomba Road, Oakey, QLD, 4401

$650,000+($50k per unit site)

3227 m²

Land

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30+ days on the market

What's around 6 Toowoomba Road

Affordable Housing- Potential Development Site

Bring affordable housing back to the Garden City and Surrounds. This Potential development site has concept plans drawn for 13 affordable townhouses. With the low-end market screaming out for new affordable homes, this opportunity could reap rewards for one savvy investor. Sewered site, with town water, with low medium density zoning, corner allotment conveniently located across from shops, and walking distance to CBD. Not in a flood risk effected area. Fantastic rental returns with projected 7% return on investment. Why not take advantage of the TRC concessions on development currently on offer? Rates $1295.98 1/2 year Water $335.75 1/2 year Call today to arrange an onsite meeting.