OFF MARKET

185-255 Hermitage Road
Cranley QLD 4350

Bedrooms: 5
Bathrooms: 2
Car spaces: -
Land area: 252400m2
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Property Details for 185-255 Hermitage Rd, Cranley

Building Type
Land
Land Size
252400m2
Local Government
Toowoomba Regional
Lot/Plan
1/SP173941

Last Listing description (October 2024)

JUST 8 KILOMETRES TO THE CITY CENTRE, Jacqui Walker presents this 62 ACRE SITE with massive potential for FUTURE DEVELOPMENT only 1.4km to the Second Range Crossing ... 4.5km to the upcoming new major Hospital ... and 5km to Wilsonton Shopping Centre.

THERE'S AN IMPRESSIVE 5 BEDROOM HOME HERE, however the real Pot Of Gold is THE FUTURE OF THIS LAND HOLDING...

Option 1:
----- Preliminary Plans exists for 46 x 1 Acre Residential Allotments
::: Subject to Council Approval

OR

Option 2:
----- Consider Subdividing in to smaller Residential Allotments
::: Nearby precedents: Kooringa Valley Estate / Essence Estates
::: Subject to Council Approval

CROWNED BY PANORAMIC 360-degree views, let's Deep-Dive in to this Development Opportunity in this future high-growth zone:

- Property Size:
::: 62.36 Acres
::: That's 25.24 Hectares

- Orientation to Hermitage Road:
::: South

- Existing Dwelling / Infrastructure:
::: Attractive 5 Bedroom Home
::: 3-Bay INDUSTRIAL Garage with additional 2-Bay unenclosed area
::: 2 Rainwater Tanks
::: Fenced site
::: Significant setup exists for Horses

- Site Specs:
::: Real Property Description: Lot 1 on Survey Plan 173941
::: Local Government Area: Toowoomba Regional Council
::: Recent General Rates and Charges: $2,664.10 net 1/2 yr

WE RETURN NOW to the
IMPRESSIVE 5 BEDROOM HOME:

- 5 Bedrooms
- Formal Lounge Room
- Expansive Casual Living and Dining
- Main Bathroom
- Ensuite
- Double Internal Garage

WHAT'S NEARBY?

- 1.4km to Toowoomba Second Range Crossing
- 4.3km to Rockville Primary School
- 4.4km to Wilsonton High School
- 4.5km to the upcoming new major Hospital
::: Important new health precinct
::: On a 75-hectare tree lined site
- 5.0km to Wilsonton Shopping Centre
- 5.3km to St Andrew's Hospital
::: That's the largest hospital in SE Qld for Heart and Cancer treatment
- 8.0km to Grand Central Shopping Centre / CBD
- 20.0km to Toowoomba Wellcamp Airport

THIS POT OF GOLD says: ' Have me ... Hold me ... I'm all about Future Development Profit !! '

FOR YOUR CONVENIENCE, The Jacqui Walker Sells Team is available to answer your questions or to arrange your inspection. EXPLORE THIS ENORMOUSLY EXCELLENT OPPORTUNITY NOW!

***DISCLAIMER: All care taken, however you are encouraged to independently verify all figures, measurements and indications.

Property History for 185-255 Hermitage Rd, Cranley, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$410,000
30 Nov 2015
  • 28 Mar 2023
    Listed for Sale Contact Agent
  • 12 Jan 2017
    Listed for Sale Expressions of Interest
  • 30 Nov 2015
    Sold for $410,000
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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 862 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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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.