OFF MARKET

4114 Warrego Highway
Hatton Vale QLD 4341

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 320m2
Land area: 91732m2
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Property Details for 4114 Warrego Hwy, Hatton Vale

Building Type
Commercial
Floor Size
320m2
Land Size
91732m2
Local Government
Lockyer Valley Regional
Lot/Plan
12/SP126953

Last Listing description (July 2016)

With definite selling instructions from the vendor, Colliers International has pleasure in presenting details of 4114 Warrego Highway Hatton Vale, a very high profile and high turnover service station. The large adjoining land area which is also being sold, provides substantial room for additional expansion with complementary and possibly tourist/market style activities. If not sold prior, the vendor instructions have been very clear to sell by Public Auction August 21 2014 at 11AM. This property is for sale on an As Is - Where Is basis.
Prominently located at the corner of the Warrego Highway and Niemeyer Road Hatton Vale, the subject property has traded as a service station since 1949. Its success as a service station business has hinged historically on the sale of discounted fuel. High traffic times occur during the rush hours - before and after work
4114 Warrego Highway Hatton Vale offers:

Potential for a Double B and a future Triple B interchange site, once the Toowoomba bypass is completed;
In 2013, almost 4,000 Heavy Vehicles passed the site daily comprising trucks/buses/articulated vehicles and road trains;
A local government Infrastructure Plan which is prioritising further truck stop development and ancillary services which will enhance the development of transport and logistics services to support agricultural production and other industry in the area;
The opportunity to possibly utilise the surplus land to construct a local covered produce market which could be integrated into a logistics supply chain feeding the larger Brisbane/Ipswich metropolitan population base;
The opportunity to also provide a wholesale produce outlet to expose the wide diversity of rural goods to the massive tourism trade (some 18,000 light vehicles daily) along the Warrego Highway;
The opportunity to replace the existing tenant with one of the remaining major brands not presently represented on the Warrego;
A mixed use zoning which allows for future redevelopment;
A progressive local authority which is encouraging development;
A highly motivated vendor wanting to sell the property with the price to reflect an As is - Where is basis with settlement proposed for December 1 2014.
Colliers International is proud to have been chosen to offer Rustys at 4114 Warrego Highway for sale by Public Auction August 21 2014 at 11am

Property History for 4114 Warrego Hwy, Hatton Vale, QLD 4341

A timeline of how this property has performed in the market
Last Sold
$3,600,000
05 Dec 2014
  • 05 Dec 2014
    Sold for $3,600,000
  • 15 Jul 2014
    Listed for Sale Not Disclosed

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About Hatton Vale 4341

The size of Hatton Vale is approximately 21.7 square kilometres. It has 1 park covering nearly 2.7% of total area. The population of Hatton Vale in 2011 was 1,138 people. By 2016 the population was 1,520 showing a population growth of 33.6% in the area during that time. The predominant age group in Hatton Vale is 0-9 years. Households in Hatton Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hatton Vale work in a trades occupation. In 2011, 85.3% of the homes in Hatton Vale were owner-occupied compared with 86% in 2016.

Hatton Vale has 703 properties. Over the last 5 years, Houses in Hatton Vale have seen a 99.40% increase in median value, while Units have seen a 49.79% increase. As at 31 October 2024:

  • The median value for Houses in Hatton Vale is $799,384 while the median value for Units is $205,956.
  • Houses have a median rent of $625.
There are currently 3 properties listed for sale, and no properties listed for rent in Hatton vale on OnTheHouse. According to CoreLogic's data, 34 properties were sold in the past 12 months in Hatton vale.

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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.