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397-423 South Street
Harristown QLD 4350

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 3440m2
Land area: 69500m2
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Substantial Freehold Industrial Site Located in Established Business Precinct

On behalf of our valued client L J Hooker Commercial Toowoomba & South-West QLD are pleased to present 397-423 South Street, Harristown to the market for sale.
Located within the longstanding business and trades precinct of Harristown, this property offers the eventual purchasers a substantial freehold land holding with 50 titles onsite, direct access to Anzac Avenue (Gore highway) and 300m + frontage to South Street. The opportunity presents itself for an astute developer to take hold of the site and shape it how they see fit.
Currently the wider Toowoomba region is experiencing a shortage in industrial land and rarely does an opportunity like this present itself to the open market for sale.
Key Features:
- 6.95ha* of industrial land
- Leased to Elders (ASX:ELD) till 22nd December 2023
- Returning $705,416.40 Nett*.
- Zonings Low Impact and Medium Impact Industry .
- Property has 50 established individual Titles.
- All required infrastructure in situ Water, Power, Stormwater and Sewer.
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Property Details for 397-423 South St, Harristown

Building Type
Commercial
Floor Size
3440m2
Land Size
69500m2

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About Harristown 4350

The size of Harristown is approximately 7.2 square kilometres. It has 18 parks covering nearly 2.8% of total area. The population of Harristown in 2011 was 8,490 people. By 2016 the population was 8,550 showing a population growth of 0.7% in the area during that time. The predominant age group in Harristown is 20-29 years. Households in Harristown are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Harristown work in a trades occupation. In 2011, 56.4% of the homes in Harristown were owner-occupied compared with 53.9% in 2016.

Harristown has 4,697 properties. Over the last 5 years, Houses in Harristown have seen a 87.80% increase in median value, while Units have seen a 43.23% increase. As at 30 September 2024:

  • The median value for Houses in Harristown is $547,390 while the median value for Units is $368,600.
  • Houses have a median rent of $480 while Units have a median rent of $400.
There are currently 31 properties listed for sale, and 24 properties listed for rent in Harristown on OnTheHouse. According to CoreLogic's data, 213 properties were sold in the past 12 months in Harristown.

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Shane Kennett
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Christopher Stewart
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LJ Hooker Commercial Toowoomba
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