89 Russell Street, Toowoomba City, QLD 4350

Development/Land

For Sale For Sale

  • Property ID: 310884
  • Land Area: 2604m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the node (FTTN)
  • Nearby Parking: Private
  • Cafes: 20+ nearby
Mixed-Use Development Site Toowoomba - 1.5 hours West of Brisbane

Ray White is proud to be appointed to sell one of Toowoomba's premier inner-city redevelopment sites - 89 Russell Street.

The property at 89 Russell Street offers an excellent opportunity for redevelopment, expansion or the takeover of an existing supermarket business.

Well positioned on Russell Street, in close proximity to Grand Central (Toowoomba's main shopping Centre), the exciting railway mixed-use re-development precinct and the CBD.

The existing business is very profitable.

An average of 20,000 vehicles pass this site each day.

This opportunity will suit:

- A new owner to take over the existing profitable business;
- A new owner and/or a new tenant to take advantage of the prime corner position
- Total redevelopment - anything up to 6 levels

We have included some architectural schematics providing purchasers with an example of what could be built onsite subject to council approval.

Please contact one of the following agents should you require further information.

This property is being sold without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.


Mixed Use - SEQ Development - Storefront - Commercial Shop - Shopping Centre - Groceries - Freehold

Toowoomba City Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $1866 $260 13.91%
Industrial $1670 $87 5.20%
Offices $2499 $281 11.24%
This is the average advertised price, rent and yield for Toowoomba City, QLD 4350*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 89 Russell Street, Toowoomba City, QLD 4350. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 89 Russell Street, Toowoomba City, QLD 4350. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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