1 Railway StreetToowoomba City QLD 4350
Property Details for 1 Railway St, Toowoomba City
Last Listing description (October 2025)
Situated on a generous 1,444sqm* landholding, 1 Railway Street presents a rare opportunity for investors, owner-occupiers or developers looking to secure a strategic asset in one of Toowoomba's most promising growth areas. This mixed-use property features a diverse combination of office space, retail/showroom, cafe and food preparation area, function space and a residential unit, offering multiple income streams and flexible leasing options.
Strategically positioned on the CBD fringe, this property sits within the Priority Development Area (PDA) - Railway Park Lands, a precinct earmarked for urban renewal and future growth. The site also adjoins the Principal Centre zoning area, further strengthening its long-term development potential.
With 9 on-site car parks and ample street parking, plus high visibility and accessibility, this property is an exceptional opportunity to secure a foothold in Toowoomba's evolving commercial landscape. Whether you're looking for an immediate income-generating asset or a future redevelopment site, 1 Railway Street offers the perfect mix of location, versatility and growth potential.
• 1,444sqm* land area - A substantial site with significant development upside
• High-yield vacant possession mixed-use asset - Includes office space, cafe and food prep area, retail/showroom, function space and a residential unit
• Priority Development Area (PDA) location - Part of the Railway Parklands precinct, identified for strategic urban revitalisation
• CBD fringe positioning - Minutes from the heart of Toowoomba's commercial and retail hub
• Proximity to Grand Central Shopping Centre - Within walking distance to Toowoomba's premier retail and lifestyle destination
• Ample parking - 9 on-site car parks plus abundant street parking for tenants and visitors
• Adjoins Principal Centre zoning area - Enhancing future redevelopment and expansion possibilities
• Strong accessibility - Close to key transport routes, major businesses and lifestyle amenities
* Approx.
Property History for 1 Railway St, Toowoomba City, QLD 4350
- 31 May 2025Sold for $2,300,000
- 14 Mar 2025Listed for Sale Expressions of Interest
- 15 Mar 2023Listed for Sale Not Disclosed
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About Toowoomba City 4350
The size of Toowoomba City is approximately 2.7 square kilometres. It has 9 parks covering nearly 3.8% of total area. The population of Toowoomba City in 2016 was 2088 people. By 2021 the population was 2321 showing a population growth of 11.2% in the area during that time. The predominant age group in Toowoomba City is 20-29 years. Households in Toowoomba City are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Toowoomba City work in a professional occupation.In 2021, 36.20% of the homes in Toowoomba City were owner-occupied compared with 34.40% in 2016.
Toowoomba City has 2,409 properties. Over the last 5 years, Houses in Toowoomba City have seen a 118.32% increase in median value, while Units have seen a 78.16% increase. As at 30 November 2025:
- The median value for Houses in Toowoomba City is $776,105 while the median value for Units is $526,015.
- Houses have a median rent of $500 while Units have a median rent of $395.
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