58 Hogg Street
Rockville, QLD 4350

Overview

58 Hogg Street Rockville QLD 4350

This unique property offers two homes situated on a level 1-acre allotment in the heart of Rockville, perfectly positioned opposite the upcoming Toowoomba Hospital, a major development project valued at $1.3 billion, scheduled for completion in 2028. This rare residential acreage presents an exceptional opportunity in a significant growth corridor.

The property features dual living arrangements with two separate single-level homes: a post-war style home at the front and a brick home at the rear. Together, they provide a total of five bedrooms and two bathrooms, complemented by two toilets. Parking is ample with a double internal garage and a single attached carport connecting the two homes.

Strategically located opposite the new public hospital site, the property benefits from proximity to a 75-hectare tree-lined health precinct, enhancing its appeal for future development or investment. The site is also near St Andrew's Hospital, the largest hospital in Southeast Queensland specializing in heart and cancer treatment, just 1.7 kilometers away.

Potential development options include subdivision into 500 square meter allotments, subject to council approval, or use as a motel or unit site. Alternatively, investors may choose to hold the property as-is, generating rental income from the two lease-ready homes, reducing holding costs while capitalizing on the scarcity of in-town land.

The land is approximately 4,047 square meters (just over one acre), with a north-facing orientation to Hogg Street. The property is registered as Lot 22 on Registered Plan 17243 within the Toowoomba Regional Council jurisdiction. Recent rates and charges include a general rates net half-yearly charge of $2,611.28 and a water infrastructure gross half-yearly charge of $397.27. Internet connectivity is available via fibre-to-the-node (FTTN) infrastructure.

Nearby amenities include Esmond Street Park (400 meters), Rockville Primary School (650 meters), Wilsonton Heights Plaza for convenient shopping (650 meters), Palm Lake Resort retirement community (1 kilometer), St Andrew's Private Hospital (1.7 kilometers), Wilsonton High School (2.6 kilometers), Wilsonton Shopping Centre (3 kilometers), and the Grand Central Shopping Centre and Toowoomba CBD (4.5 kilometers).

Toowoomba is a thriving regional city with a population of approximately 170,000 and a gross regional product of $11.56 billion. It serves as a gateway to western Queensland, rich in gas, oil, and rural wealth. The city is experiencing significant growth with major infrastructure projects including the new Toowoomba Hospital, a $215 million sports precinct, the $1.6 billion Second Range Crossing, a modern airport with international freight handling, and a $500 million redevelopment of the inner-city shopping center.

This property represents a valuable land holding in a prime location with excellent future potential. It is ideal for developers, investors, or those seeking a unique dual-home setup in a rapidly developing area. Interested parties are encouraged to pursue this opportunity promptly.

Disclaimer: All information provided is believed to be accurate; however, prospective buyers should independently verify all details, measurements, and figures.

Location