Prime East Toowoomba Investment Property – St. Vincent’s Hospital Precinct

Hodge Real Estate is pleased to present one of the final development sites within the St. Vincent's Private Hospital precinct. <br/><br/>The prime north-facing allotment is well suited to investors looking for strong rental returns and long-term capital growth with development upside. 18 Herries Street offers buyers the chance to secure a prime foothold in the burgeoning medical precinct, with the view of capitalising on the economic growth driven by the social infrastructure and employment hub of St. Vincent's Hospital.<br/><br/>The 867sqm* allotment is improved with a four-bedroom residence that can be redeveloped into medical or short-term accomodation subject to council approvals. <br/><br/>The current passing income of the property is $350/week. <br/><br/>The property is exclusively listed for sale by HRE at Offers Over $950,000.<br/><br/>Inspections are By Appointment only. <br/><br/>4 bed | 1 bath | 1 car<br/><br/>- Prime St. Vincent's Hospital Precinct location<br/>- Current zoning within the Hospital Support Precinct. <br/>- Walking distance to Eastville Shopping Centre<br/>- Existing improvements with redevelopment potential^<br/>- 867sqm Land Area* <br/>- 167sqm of Gross Floor Area*<br/><br/>* Approximately <br/>^ Subject to Council & Regulatory Approvals