Commercial and Development Opportunity!
Rarely will you find a business/development opportunity as special as this. Properties that offer possibilities for investors, business owners, developers and owner occupiers are few and far between, particularly in a location as good as this.
The property is split over two levels, both being 184sqm each. Downstairs is business-ready and features 6 separate office spaces that can potentially provide enough space for approximately 20+ staff. It features its own separate entrance that opens into a foyer and front desk. There are two toilets, a kitchen and two other storage rooms, either being suitable as a server room. It has been data wired and has a large number of data points for computer units. The downstairs area is run as a separate power grid to the upstairs business/residential area, ensuring reliability and independence from upstairs. It is also fully air-conditioned.
The size of Toowong is approximately 4.2 square kilometres. There are 18 parks, covering nearly 10.4% of the total area. The population of Toowong in 2016 was 10830 people. By 2021 the population was 12556 showing a population growth of 15.9% in the area during that time. The predominant age group in Toowong is 20-29 years. Households in Toowong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Toowong work in a professional occupation.In 2021, 43.30% of the homes in Toowong were owner-occupied compared with 44.40% in 2016.
Toowong has 7,876 properties. Over the last 5 years, Houses in Toowong have seen a 54.78% increase in median value, while Units have seen a 107.22% increase. As at 31 July 2026:
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