OFF MARKET

1 Greenwattle Street
Cranley QLD 4350

Bedrooms: 3
Bathrooms: 1
Car spaces: 5
Floor area: 208m2
Land area: 20940m2
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Property Details for 1 Greenwattle St, Cranley

Building Type
Land
Year Built
1975
Floor Size
208m2
Land Size
20940m2
Local Government
Toowoomba Regional
Lot/Plan
3/RP124238

Last Listing description (October 2020)

Buy one or buy the lot, circumstances have changed and an urgent sale is now required.
Building completed in 2011 by acclaimed local builder Arden Vale Homes and maintained impeccably since, this complex represents the ultimate investment opportunity. Comprising two huge townhouses and a one bedroom unit designed with disability specifications, this triplex is already strata titled and has a potential return of $970/week. Positioned perfectly the units are close to St Andrews Hospital, Wilsonton State School, Wilsonton Shopping Centre and the new proposed Toowoomba Hospital.

Townhouse 1

161sqm of unit sitting on 228sqm of land
Two large living areas plus north facing alfresco
Two huge bedrooms plus a study
Two-way bathroom plus a powder room
Massive, private courtyard, rain water tank
Higher ceilings and air-conditioning
Statement timber staircase
Currently owner occupied

Townhouse 2
158sqm of unit
Two large living areas plus north facing alfresco
Two huge bedrooms plus a study
Two-way bathroom plus a powder room
Private courtyard, rain water tank
Higher ceilings and air-conditioning
Statement timber staircase
Rented $310/week

Unit 3
103sqm of unit
Wider doorways and hallway
Wider garage for easy access
Ramped entry and exit
One large bedroom with ensuite
Open plan meals and living room
Powder room, higher ceilings, air-conditioning
North facing alfresco and courtyard
Plus a front courtyard with rainwater tank
Currently owner occupied

A great option for self-managed super funds, this complex offers a great rental return and the potential for growth with the proposed hospital close by.

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Property History for 1 Greenwattle St, Cranley, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$750,000
23 Sep 2022
Listed for Rent
$430/w
18 Apr 2015
  • 23 Sep 2022
    Sold for $750,000
  • 14 Oct 2020
    Listed for Sale $820,000
  • 14 Apr 2018
    Listed for Sale From $270,000
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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 861 properties. Over the last 5 years, Houses in Cranley have seen a 84.52% increase in median value, while Units have seen a 93.81% increase. As at 31 October 2024:

  • The median value for Houses in Cranley is $643,119 while the median value for Units is $520,101.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 8 properties listed for sale, and 3 properties listed for rent in Cranley on OnTheHouse. According to CoreLogic's data, 63 properties were sold in the past 12 months in Cranley.

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