416-422 Mc Dougall Street

Glenvale QLD 4350

Rarely does an opportunity like this arise in the heart of Toowoomba. Spanning 7.02 hectares (17.35 acres), this prime piece of real estate presents exceptional potential for a residential subdivision development. Strategically positioned near the Toowoomba Showgrounds, which will host equestrian events during the 2032 Olympic Games, this site will benefit from over $60 million in infrastructure upgrades. The Olympic Games will bring lasting improvements to local transport, amenities, and recreational spaces, significantly enhancing property values in the area. Increased demand, economic growth, and job creation will further drive property appreciation, making this an ideal investment for developers and investors alike. Zoned low-density residential under the current planning scheme, the property offers the possibility to create lots as small as 500m (subject to council approval). With connections to council water, sewage, and stormwater, this site provides easy access to essential infrastructure for future projects, making it a standout in a rapidly growing region. Key Features: - 7.02 hectares (17.35 acres) of prime land - Zoned low-density residential with potential lot sizes from 500m (subject to approval) - Connected to council water, sewage, and stormwater for easy development access - Less than 3km to the Toowoomba Showgrounds, a key site for the 2032 Olympic Games equestrian events - Property benefits from over $60 million in infrastructure investment related to the Olympics, including enhanced transport links and more - Approximately 10 minutes to Toowoomba CBD - Approximately 16 minutes to Toowoomba Wellcamp Airport and new Western Infrastructure projects - Around 10 minutes to the new Toowoomba Base Hospital site - Only moments from nearby schools - across the road from the Darling Downs Adventist College and 1km from Glenvale State School, as well as being serviced by various childcare centres nearby - Less than 1km from Coles Glenvale and the $65 million planned 'Glenvale town centre' - Toowoomba is widely regarded as one of the best markets in Queensland for investment - Gentle slope towards the centre of the property from both the East and West, leading to a Greenfield Zone-an attractive feature for subdivision with potential parkland and future walking trails - Two existing dwellings with a combined rental income of $950 per week: 416 McDougall Street leased until November 2025 for $600 per week, and 424 McDougall Street rented until October 2025 at $350 per week The Location: The property is conveniently situated approximately 10 minutes from Toowoomba's CBD and 16 minutes from the Toowoomba Wellcamp Airport, making it easily accessible for residents and businesses alike. It's also located around 10 minutes from the new Toowoomba Base Hospital site, positioning it perfectly in a rapidly expanding healthcare precinct. Families will appreciate the close proximity to schools, with Darling Downs Adventist College directly across the road and Glenvale State School just 1km away. The area is also serviced by multiple childcare centres, making it a desirable location for young families. For shopping, Coles Glenvale is less than 1km away, with the $65 million Glenvale town centre planned for development nearby, further enhancing the convenience and lifestyle benefits of the area. This central location ensures that the property is perfectly placed to take advantage of ongoing growth and development in Toowoomba. The Opportunity: This property offers exceptional prospects for investors and developers looking to capitalize on one of the fastest-growing regional markets in Queensland. With its strategic location, close proximity to key infrastructure projects, and access to natural amenities, this site is poised for future growth. Don't miss this rare opportunity to secure a strategic landholding in one of Toowoomba's most sought-after locations. The property is offered for sale via Expressions of Interest, closing at 4:00pm on Monday, 2nd June 2025. Opportunities such as this are rare, so don't miss out. More information contact Shaun or James. Primary school state catchment: Glenvale State School High school state catchment: Harristown State High School Advertising Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.