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150 Hermitage Road
Cranley QLD 4350

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
Land area: 202900m2
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Residential Subdivision Development Opportunity

The site is located on the corner of Hermitage Road and Tor Street, Cranley and contains a land area of 20.29 hectares.
It is located in close vicinity to the Baillie Hendersen Hospital which is the site for the new Toowoomba Hospital development, estimated cost $1 billion. It is also near the new Range Crossing the commercial development planned for Hermitage Road and Mort Street and its Southern boundary adjoins the "Palm Lakes" retirement village resort.
The land has two residential Zones under the Toowoomba Regional Town Planning Scheme. Firstly, a section on the southern boundary adjoining "Palm Lakes" is zoned "Low Density Residential" - "General Precinct" and secondly, the balance and bulk of the land is zoned "Rural Residential 4,000 square metres, minimum."
The land is elevated at the rear, southern portion, and drops significantly to Hermitage Road. The rear and elevated parts of the land have panoramic views to the north.
A sewer main has also been constructed along the western boundary and there is a water main in Greenwattle Street and a trunk water main in Hermitage Road.
- Located on the Corner of Hermitage Rd & Tor Street.
- 20.285* Ha.
For further information please contact Shane Kennett of LJ Hooker Commercial on 0407 161 513.
*Approx.

Property Details for 150 Hermitage Rd, Cranley

Building Type
Commercial
Floor Size
1m2
Land Size
202900m2

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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 859 properties. Over the last 5 years, Houses in Cranley have seen a 85.54% increase in median value, while Units have seen a 80.31% increase. As at 30 September 2024:

  • The median value for Houses in Cranley is $638,732 while the median value for Units is $505,939.
  • Houses have a median rent of $515 while Units have a median rent of $450.
There are currently 11 properties listed for sale, and 3 properties listed for rent in Cranley on OnTheHouse. According to CoreLogic's data, 61 properties were sold in the past 12 months in Cranley.

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Shane Kennett
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LJ Hooker Commercial Toowoomba
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