SOLD
Sold on 17 Sep 2024 for $1,265,000

74 Palmer Road
East Greenmount QLD 4359

Bedrooms: 6
Bathrooms: 2
Car spaces: 5
Floor area: 106m2
Land area: 416830m2
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Property Details for 74 Palmer Rd, East Greenmount

Building Type
Rural
Year Built
1940
Floor Size
106m2
Land Size
416830m2
Local Government
Toowoomba Regional
Lot/Plan
10/A3423

Last Listing description (October 2024)

A privileged position on the south side of Toowoomba, the scenic entrance presents a stunning backdrop to your new venture- welcome to 'Clover Vale'.

The infrastructure is strategically located being set well off Palmer Rd, offering a private setting with two comfortable country homesteads and ample shedding. A proven history of outstanding production with soft contoured farming country returned to pastures, and select shade trees for your livestock, backed by two reliable bores and a generous supply of water with tanks and troughs.

With a recent rental return of $1500* per week the return on investment is a recipe for success. Whether you are looking for an exceptional living lifestyle where you can generate some on-farm income or just somewhere to invest with a great yield, 'Clover Vale' is the acquisition that you've been looking for and you won't regret purchasing.

Tranquility, convenience and lifestyle on Toowoomba's doorstep - 'Clover Vale'.

Would be a great horse & cattle property with opportunity to grow crops
Plenty of space to add your personal touches for the desired venture
Old stables would do up easy and near flat land, ready for new arena

Subdivided into 10* paddocks of prime farming land
External fencing in great condition, 3 sides are near new
Old dairy plus hay shed, machinery shed & grain shed

1 x windmill bore - 1 x submersible with diesel engine - 1 x unequipped bore
5*kw solar system on one of the houses
Reverse cycle air conditioning and fire place in both homes

5.4*km to East Greenmount - 18.1*km to Cambooya
33*km to Toowoomba's centre - 52.8*km to Warwick
23.7* to Clifton - 48.8*km to Pittsworth - 12.2*km to Nobby

Satellite NBN & strong mobile phone reception
3rd ownership since 1873*

* = approximately

Myles Cosgrove 0419 271 247
View: By Appointment or scheduled open days on weekends

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Property History for 74 Palmer Rd, East Greenmount, QLD 4359

A timeline of how this property has performed in the market
Last Sold
$1,265,000
17 Sep 2024
  • 17 Sep 2024
    Sold for $1,265,000
  • 09 Aug 2024
    Listed for Sale Offer to Purchase
  • 02 Sep 2022
    Sold for $860,000
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About East Greenmount 4359

The size of East Greenmount is approximately 42.7 square kilometres. The population of East Greenmount in 2011 was 492 people. By 2016 the population was 370 showing a population decline of 24.8% in the area during that time. The predominant age group in East Greenmount is 60-69 years. Households in East Greenmount are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in East Greenmount work in a trades occupation. In 2011, 84.3% of the homes in East Greenmount were owner-occupied compared with 80% in 2016.

East Greenmount has 158 properties. Over the last 5 years, Houses in East Greenmount have seen a 101.23% increase in median value. As at 30 November 2024:

  • The median value for Houses in East Greenmount is $684,808 while the median value for Units is $125,572.
There are currently no properties listed for sale, and no properties listed for rent in East greenmount on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in East greenmount.

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Contact agent
Myles Cosgrove
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Ray White Rural Toowoomba
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