Farm Sold - QLD - Withcott - 4352 - Investor Opportunity in Fast Growing Location
Photos10

34 Rutherford Road, Withcott QLD 4352

Sold $590,000

Property Type
Residential Block
Land area approx
25576sqm

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Investor Opportunity in Fast Growing Location

34 Rutherford Road is a unique opportunity to secure your chance to make an excellent investment in one of Qld’s fastest-growing communities.

Withcott has been named as achieving some of the highest return and growth percentages in regional Qld over the past 12 months, and there are plans in place that will see this continuing to increase over the coming years. This 6.32-acre parcel of land holds a Development Approval for six residential lots ranging from 3182 sqm* to 4724 sqm*. With the current supply and demand crisis in land availability and being so close to Toowoomba, these lots will attract interest from potential buyers. The land is gently sloping and lightly treed, situated amongst an already established area of beautiful homes and street façade with views up to Table Top and the Great Dividing Range. There is curbing and channelling, town water and power to the front of the block.

With the Toowoomba Second Range Crossing complete and with the inland rail about to commence, Withcott will continue to grow and become a sought-after location. Rental vacancy rates in Withcott are consistently low, sitting below 1% and achieving high rents as the blocks are large and so close to town. Large block appeals significantly to many potential tenants should an investor complete a house and land package. Please get in touch with us for your chance to secure this fantastic opportunity and boost your property portfolio.

Features Include:
- 6.32 Acres
- DA for six residential lots ranging from 3182 sqm* to 4724 sqm*.

GENERAL RATES: $1373.02 PER HALF YEAR

To arrange an inspection or learn more, please contact Alice Ridgway on 0488 085 880 or Leon Carlile on 0418 795 484.

9 Railway Street Toowoomba City QLD 4350

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