SOLD
Sold on 14 Feb 2024 for $1,150,000

503 South Street
Harristown QLD 4350

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 605m2
Land area: 10000m2
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Property Details for 503 South St, Harristown

Building Type
Commercial
Floor Size
605m2
Land Size
10000m2
Local Government
Toowoomba Regional
Lot/Plan
3/RP154209

Last Listing description (March 2024)

Colliers Toowoomba are proud to present this significant industrial site at 503-509 South Street, Harristown to the market for sale. A fantastic value add opportunity with holding income allowing planning for future development**

Featuring:
- 3 Year lease till 2026 + 3 year option to longstanding tenant for warehouse &

2,500m2* of hardstand
- 10,000m2 Total site area zoned 'Low Impact Industry'
- 605m2* Total building area consisting of clearspan metal clad warehouse with high bay
roller doors, office and reception with A/C, amenities including shower, Mezzanine level
office & staff room
- Low site coverage with 80m* frontage to South Street
- Extremely limited opportunities of this scale existing in the current market
- Inspections strictly by appointment only (24hrs notice required)

Don't miss this opportunity to secure a strategic industrial development asset with holding income!

Accelerating success. For more information, contact Mike Turley of Colliers Toowoomba.

*Approx
**STCA

Property History for 503 South St, Harristown, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$1,150,000
14 Feb 2024
Listed for Rent
$1.04k/w
25 May 2021
  • 14 Feb 2024
    Sold for $1,150,000
  • 15 Aug 2017
    Listed for Rent $54,000 / year
  • 08 May 2017
    Listed for Rent $54,000 / year
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About Harristown 4350

The size of Harristown is approximately 7.2 square kilometres. It has 18 parks covering nearly 2.8% of total area. The population of Harristown in 2011 was 8,490 people. By 2016 the population was 8,550 showing a population growth of 0.7% in the area during that time. The predominant age group in Harristown is 20-29 years. Households in Harristown are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Harristown work in a trades occupation. In 2011, 56.4% of the homes in Harristown were owner-occupied compared with 53.9% in 2016.

Harristown has 4,719 properties. Over the last 5 years, Houses in Harristown have seen a 88.39% increase in median value, while Units have seen a 55.54% increase. As at 31 October 2024:

  • The median value for Houses in Harristown is $554,669 while the median value for Units is $388,562.
  • Houses have a median rent of $480 while Units have a median rent of $400.
There are currently 33 properties listed for sale, and 20 properties listed for rent in Harristown on OnTheHouse. According to CoreLogic's data, 215 properties were sold in the past 12 months in Harristown.

Suburb Insights for Harristown 4350

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Ray White Commercial Toowoomba
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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.