28-32 Hogg Street, Rockville QLD 4350

Large 6069m² block | Subdivision or development potential | Off-market with recent $400k sale | Toowoomba growth corridor The property’s primary advantage is its scale: a 6069m² site in a suburb with 14% annual growth and no overlays. The 236m² structure suggests partial development, leaving significant land for future subdivision or multi-unit use. This suits a buyer with medium-term development appetite or a family wanting acreage within commuting distance of Toowoomba. The off-market status and recent $400k sale indicate a possible bargain relative to the $1.3m+ upper valuation, though the wide range demands caution. Risk centres on the unresolved configuration: the property may be subdivided, with the 5-bed house on one portion and vacant land on another. This could mean separate titles, each with different values and holding costs. The buyer should verify lot boundaries and zoning before committing. Opportunity lies in the land’s development upside if rezoned for higher density, given the suburb’s growth. Hold for land appreciation or pursue a dual-occupancy build to capture rental yield above the 3.7% suburb average.