Colliers International is pleased to offer 36 Junction Road, Karalee, for sale. One of the last remaining englobo multi use sites with preliminary approval in the Western Corridor, fronting a major highway.
Located directly off the Warrego Highway at the Mount Crosby Road and Junction Road roundabout, this location provides unrivalled access to the Western and South East Corridors via the Ipswich Motorway, north to Brisbane/Port via the Ipswich and Logan/Gateway Motorways.
Given the limited nature of large Industrial/Bulky Goods DA approved development sites fronting highways, we believe the subject property will be well received.
The size of Karalee is approximately 15.6 square kilometres. It has 11 parks covering nearly 5.3% of total area. The population of Karalee in 2011 was 3,683 people. By 2016 the population was 4,350 showing a population growth of 18.1% in the area during that time. The predominant age group in Karalee is 10-19 years. Households in Karalee are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Karalee work in a professional occupation. In 2011, 90.9% of the homes in Karalee were owner-occupied compared with 86.8% in 2016.
Karalee has 2,232 properties. Over the last 5 years, Houses in Karalee have seen a 69.74% increase in median value, while Units have seen a 142.77% increase. As at 30 November 2024:
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