This article is from the Australian Property Journal archive
Queensland’s Crisafulli government has given the green light to a new build-to-rent project in Toowoomba City.
The Brisbane Housing Company will deliver 75 new homes, with a mix of affordable and social housing units, on the Station Street car park site.
BHC acquired the land from the Toowoomba Regional Council in 2022.
Early works on the site are due to begin on March 1, with several spaces in the southeast area of the car park being removed.
“We said we would work with local governments to streamline approvals and this project between the Crisafulli Government and Toowoomba Regional Council is a great example of that,” said Jarrod Bleijie, deputy premier and minister for state development, infrastructure and planning.
“This project will unlock more affordable and social housing in the Toowoomba region and it’s another step in the right direction to activate an increased supply of housing options for Queenslanders.”
In October, BHC received a $300m investment from Housing Australia for the delivery of 604 new homes in South East Queensland.
The approvals comes as vacancy in Queensland remains tight at just 1.0%.
