Prime Location | Development Potential Under Contract

9 -11 Leichhardt Street, Centenary Heights
Offers to Purchase | Earn $3350/week
Land/Development
  • 8
  • 1584 Square metres

Description

Developer Alert – Eastside Landbank with Immediate Cash Flow (STCA). Rare, tightly held eastside site – 1,584m² across 2 freehold titles with 8 brick units generating strong income while you plan the redevelopment.

Location:
- 100m to Southtown Shopping Precinct – supermarkets, cafes, medical & services
- Walking distance to schools, parks, public transport
- Minutes from Toowoomba CBD – blue-chip eastside positioning

Property & Investment Highlights:
- 2 x 2-bed, 6 x 1-bed units – projected $182,000 p.a. by mid-2026
- Built 1970 – solid brick, ultra-low maintenance, separate garages, full-sized laundries
- Flexible redevelopment: medical, childcare, office, or mixed-use (STCA)
- Rare two-title eastside landbank – 1,584m²

This is not just an investment, it’s a landbank with immediate income. Buy, hold, redevelop — the choice is yours. Sites of this size, location, and potential do not stay on the market. Savvy developers and commercial buyers will recognise the future value upside and act fast.

Outgoings: minimal – Land Rates $3,259.97/half, Water $373.06/half, Building Insurance $3,298.95 p.a., Landlord Insurance $2,920 p.a., Yard Maintenance $1,500 p.a.

Act now. Contact Angela today to secure your inspection.

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Heating & Cooling

  • Reverse Cycle Air Conditioning

Outdoor Features

  • Remote Garage

Indoor Features

  • Broadband Internet Available
  • Built-in Wardrobes

Floorplans

Floor Plan 1

Floor Plan 2

Floor Plan 3

Location