FOR SALE
$4,950,000

1-25 Mort Street
Cranley QLD 4350

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 7880m2
Land area: 19800m2
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DA Approved LFR and Service Station in AAA Location!

LJ Hooker Commercial Toowoomba are pleased to present to the market, Toowoomba's newest development approved bulky goods and service centre located in Toowoomba's fastest growing locale.
With a development approval for eight (8) individual large format retail tenancies, a service station and QSR drive through site providing the eventual purchaser 7,880m2 of flexible net lettable area. This offers a unique opportunity to the control the construction and leasing of the Toowoomba Regions next substantial infill commercial centre, with multiple private and government projects either under way or gazetted to commence in the next 12 months.
The site leverages off its strategic location within the rapidly expanding Northern Catchment of Toowoomba coupled with unbeatable exposure and access to the Toowoomba Second Range crossing.
Key Features:
- Exposure to 24,600 vehicle movements daily from the Second Range Crossing
- 19,800sqm of freehold land - ability to subdivide
- Opposite the Toowoomba Base Hospital Development Commencement Q1 2024
- DA Encompasses a Large Format Retail Centre, Service Station and QSR Drive
Through
- 3 street frontages Mort St, Old Mort St and Hermitage Rd
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Property Details for 1-25 Mort St, Cranley

Building Type
Commercial
Floor Size
7880m2
Land Size
19800m2

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About Cranley 4350

The size of Cranley is approximately 10.3 square kilometres. It has 3 parks covering nearly 0.1% of total area. The population of Cranley in 2011 was 851 people. By 2016 the population was 1,444 showing a population growth of 69.7% in the area during that time. The predominant age group in Cranley is 70-79 years. Households in Cranley are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cranley work in a trades occupation. In 2011, 77.2% of the homes in Cranley were owner-occupied compared with 66.4% in 2016.

Cranley has 866 properties. Over the last 5 years, Houses in Cranley have seen a 80.82% increase in median value, while Units have seen a 53.59% increase. As at 31 July 2024:

  • The median value for Houses in Cranley is $626,251 while the median value for Units is $466,259.
  • Houses have a median rent of $520 while Units have a median rent of $435.
There are currently 14 properties listed for sale, and 4 properties listed for rent in Cranley on OnTheHouse. According to CoreLogic's data, 56 properties were sold in the past 12 months in Cranley.

Suburb Insights for Cranley 4350

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Christopher Stewart
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Matthew Keeley
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LJ Hooker Commercial Toowoomba
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.