On behalf of our valued client L J Hooker Commercial Toowoomba are pleased to present to the market for sale this rare freehold development Lot 905 at Habitat Mt Kynoch, 1-5 New England Highway, Mount Kynoch.
Located within the Master planned Habitat Mt Kynoch community, which is a newly planned community in the Toowoomba region, currently under development with 800 + Lots on completion and stage 1 currently under construction.
The proposed Lot 905 holds unique position on the main entrance road to the estate with the ability to develop the site with multiple uses in mind, Lot 905 presents an opportunity for the eventual purchaser to encapsulate multiple uses onsite and diversify their development outcomes.
This opportunity features:
- 7614m High Exposure Site located adjacent to Residential housing, future parkland and commercial amenity.
- Onsite customer base with 800+ New House lots proposed.
- Great end buyer amenities with Commercial gazette within walking distance.
- Medium Density Zoning with ability to develop other uses.
- Proposed to be Medium Density Housing and Childcare.
- Positioned within 5km of Toowoomba CBD, Toowoomba New Hospital and all major transport networks.
For more information or to arrange an inspection, please contact the exclusive marketing agent Chris Stewart.
The size of Mount Kynoch is approximately 3.3 square kilometres. It has 1 park covering nearly 0.5% of total area. The population of Mount Kynoch in 2011 was 163 people. By 2016 the population was 256 showing a population growth of 57.1% in the area during that time. The predominant age group in Mount Kynoch is 20-29 years. Households in Mount Kynoch are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mount Kynoch work in a professional occupation. In 2011, 73.9% of the homes in Mount Kynoch were owner-occupied compared with 47.6% in 2016.
Mount Kynoch has 123 properties. Over the last 5 years, Houses in Mount Kynoch have seen a 66.30% increase in median value, while Units have seen a 4.06% increase. As at 31 October 2024:
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