OFF MARKET

10 Reserve Road
Cranley QLD 4350

Bedrooms: 6
Bathrooms: 4
Car spaces: 2
Floor area: 110m2
Land area: 573m2
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Property Details for 10 Reserve Rd, Cranley

Building Type
Land
Year Built
2014
Floor Size
110m2
Land Size
573m2
Local Government
Toowoomba Regional
Lot/Plan
42/SP256664

Last Listing description (November 2021)

Are you looking for your first investment property? Perhaps expand your portfolio? Or just wanting to break into the market?

This duplex consists of two modern villas in a prime location, with stunning views and it doesn't get any better than this.

Each villa boasts three spacious bedrooms, each complete with built-in cupboards, ceiling fans and vertical blinds. The main bedroom has a walk-in robe and private ensuite.

With open plan living space, the gourmet kitchen, dining and living room is filled with natural light.

Plus the front retreat room is perfect for a second living room, a study nook or office.

Other features include:
Split cycle air conditioning
Internal laundry
Single garage, remote lockup, with internal access
Private backyards with side access
Low maintenance landscaped grounds
Stunning views
Quiet neighbourhood
6 years old

Currently have long-term excellent tenants in place, this makes it a stand out investment opportunity.

NO corporate body fees + NO Strata fees = HUGE YEARLY SAVINGS!

For those who are new to the market, or perhaps not entitled to the first-home owners grant, this property is perfect for a few reasons:
There is an option to live in one, rent out the other = half of your mortgage is paid!
A depreciation report means you'll get more money back at tax time each year!
And there are huge savings without the property registered to Strata.

What's local?
3 minute drive to local hospital and health services.
4 minute drive to local shopping complex.
6 minute drive to New England Highway.
4 local schools in less than 5 minute drive.
Plenty of industry opportunities in surrounding suburbs.

For further information, or to enquire about an inspection, contact: John Bleakley

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Property History for 10 Reserve Rd, Cranley, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$605,000
01 Sep 2021
  • 01 Sep 2021
    Sold for $605,000
  • 30 Jul 2021
    Listed for Sale Interest Above $600,000
  • 24 Mar 2014
    Sold for $159,950

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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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