FOR SALE
Contact Agent

150 Hermitage Road
Cranley QLD 4350

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
Land area: 202900m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

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

Commute Calculator

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 92.95% increase in median value, while Units have seen a 88.44% increase. As at 30 November 2024:

  • The median value for Houses in Cranley is $655,937 while the median value for Units is $522,727.
  • Houses have a median rent of $550 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.

Cranley Profile Page

Suburb Insights for Cranley 4350

Visit Cranley profile page
Market Insights
Cranley Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Cranley Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Cranley profile page
Contact agent
Shane Kennett
Show contact details
Call agent
LJ Hooker Commercial Toowoomba
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED