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5 Paterson Street, South Toowoomba, Qld 4350 Sold
5 Paterson Street, South Toowoomba, Qld 4350 5 Paterson Street, South Toowoomba, Qld 4350-Image 5 Paterson Street, South Toowoomba, Qld 4350-Image 5 Paterson Street, South Toowoomba, Qld 4350-Image 5 Paterson Street, South Toowoomba, Qld 4350-Image 5 Paterson Street, South Toowoomba, Qld 4350-Image 5 Paterson Street, South Toowoomba, Qld 4350-Image 5 Paterson Street, South Toowoomba, Qld 4350-Image 5 Paterson Street, South Toowoomba, Qld 4350-Image 5 Paterson Street, South Toowoomba, Qld 4350-Floorplan

5 Paterson Street, South Toowoomba, Qld 4350

$750,000

House
Type
3
Bedrooms
1
Bathrooms
3
Parkings
810 m²
Area

Last updated on Monday, July 06, 2026 ( See property details for 5 Paterson Street, South Toowoomba, Qld 4350)

$750,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile 810m² dual-title property in South Toowoomba offering development potential, a comfortable existing home, and excellent future growth prospects.

🏡 Property Highlights

  • Dual-title flexibility with subdivision potential
  • Generous 810m² fully fenced allotment
  • Prime South Toowoomba location close to CBD and amenities
  • Existing timber home with rental income and character features
  • Level site with side access ideal for redevelopment
  • Strong rental upside with projected increase in 2026

✨ Key Features

  • Garage
  • Open-Plan Living
  • Air Conditioning
  • Outdoor Area
  • Built-in Robes
  • Shed
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready

South Toowoomba is a highly sought-after suburb known for its convenient access to the CBD, lush parklands, quality schools, and medical facilities. The area offers excellent transport links and a strong community vibe, making it ideal for families and investors alike. With ongoing development and high demand, it presents a prime opportunity for long-term capital growth and rental income. The neighbourhood’s character homes and spacious land parcels further enhance its appeal for future redevelopment and investment.

What is the current condition of the existing timber home?
The timber home is in a functional condition with character features such as high ceilings and VJ walls, suitable for rental or renovation.
What are the potential development options for this property?
The property offers potential for subdivision, redevelopment, or adding secondary dwellings (STCA), thanks to its dual-title flexibility and wide frontage.
Is the property suitable for tenants now?
Yes, the property is vacant and ready to lease, with strong rental upside projected for October 2026.
What infrastructure is already in place?
The property includes a single lock-up garage and a powered double bay shed, providing practical storage and workspace.
How close is the property to local amenities?
It is just minutes from Toowoomba CBD, with nearby parklands, schools, medical facilities, and major transport routes.
Are there any zoning restrictions or easements affecting the subdivision or redevelopment plans? What are the council requirements and approvals needed for secondary dwellings or subdivision? Are there any existing or potential flood or bushfire risks on the property? Is there any ongoing or planned nearby construction that could impact future development? Are there any strata or body corporate considerations if additional dwellings are added?

5 Paterson Street, South Toowoomba, Qld 4350 - More Details

$750,000

Positioned on a generous 810m² allotment across two titles with a development zone of mixed housing. 5 Paterson Street presents an outstanding opportunity for developers, investors, or land-bankers seeking future growth in a high-demand South Toowoomba location.

With dual-title flexibility and a wide frontage, the property offers significant potential for subdivision, redevelopment, or the addition of secondary dwellings (STCA). The level, fully fenced block with side access enhances the site's usability for future projects, making it an attractive prospect for those looking to maximise land value.

The existing timber home provides a holding income or a comfortable base while planning your development. It features three bedrooms, a functional kitchen, and a spacious living area with air-conditioning. Character elements such as high ceilings and VJ walls add appeal for tenants or buyers, should you choose to renovate or retain the dwelling.

Infrastructure is already in place with a single lock-up garage and a powered double bay shed, offering practical storage or workspace during any future development. Vacant and ready to lease, with strong rental upside and a projected increase in October 2026. For more information, ask the agent.

Located just minutes from the Toowoomba CBD and close to key amenities including parklands, schools, medical facilities, and major transport routes, this property is ideally situated for both immediate rental demand and long-term capital growth.

Whether you're looking to develop now or secure a prime site for the future, this is a rare opportunity to capitalise on location, land size, and subdivision potential.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
3
Area
810 m²

Map & nearby places — 5 Paterson Street, South Toowoomba, Qld 4350

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