OFF MARKET

2/18 Sanctuary Drive
Cranley QLD 4350

Bedrooms: 5
Bathrooms: 3
Car spaces: -
Floor area: 82m2
Land area: 126m2
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Last updated 11 Nov 2024
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Property Details for 2/18 Sanctuary Dr, Cranley

2/18 Sanctuary Dr, Cranley is a 5 bedroom, 3 bathroom House and was built in 2016. The property has a land size of 126m2 and floor size of 82m2.

Building Type
House
Year Built
2016
Floor Size
82m2
Land Size
126m2
Local Government
Toowoomba Regional

Last Listing description (September 2023)

Looking for a property that offers both comfort and versatility? Look no further than 18 Sanctuary Drive Cranley!

This stunning duplex is perfect for both investors and home owners seeking dual accommodation. With two fully self-contained units, this property offers endless possibilities. You can either rent out one unit and live in the other, or use it as an investment property and enjoy the benefits of two rental incomes. Currently both houses are rented by amazing tenants until July 2023 with both happy to stay on.

Unit 1 boasts 3 spacious bedrooms, 2 modern bathrooms, and a large garage. With plenty of room for a growing family, this unit is sure to impress.
Unit 2 offers 2 bedrooms, 1 bathroom, and another garage. Perfect for downsizers or couples, this unit is sure to attract tenants looking for a low-maintenance lifestyle.

With a great rental return, this duplex offers an excellent opportunity for investors to generate strong cash flow.

Both units feature modern finishes and appliances, ensuring that your tenants will love living here. Plus, with its convenient location in Cranley, offering a serene and relaxing lifestyle. Yet it is also conveniently situated close to all amenities, including shops, schools, and public transport. It's also just a short drive to the bustling Toowoomba CBD, making it the perfect location for those seeking a balance between urban convenience and suburban tranquility.

Investors will appreciate the steady rental income that this property offers, as well as the potential for capital growth. Meanwhile, home owners seeking dual accommodation will love the flexibility and comfort that this property provides.

Don't miss out on this incredible opportunity to secure a prime piece of real estate. Contact us today to arrange a viewing of 18 Sanctuary Drive Cranley!

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Property History for 2/18 Sanctuary Dr, Cranley, QLD 4350

A timeline of how this property has performed in the market
Listed for Rent
$260/w
06 Jan 2020
  • 17 Mar 2023
    Listed for Sale Under Contract
  • 06 Jan 2020
    Listed for Rent $260 / week
  • 02 Jul 2019
    Listed for Rent $260 / week

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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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