OFF MARKET

1 New England Highway
Mount Kynoch QLD 4350

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 170m2
Land area: 334400m2
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Property Details for 1 New England Hwy, Mount Kynoch

Building Type
Land
Floor Size
170m2
Land Size
334400m2
Local Government
Toowoomba Regional
Lot/Plan
2/RP142671

Last Listing description (October 2024)

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.

Property History for 1 New England Hwy, Mount Kynoch, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$11,000,000
15 Sep 2021
Listed for Rent
$2.09k/w
27 Aug 2024
  • 26 Aug 2024
    Listed for Rent - Price not available
  • 08 Aug 2024
    Listed for Sale Contact Agent
  • 02 Jul 2022
    Listed for Sale Under Contract
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About Mount Kynoch 4350

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:

  • The median value for Houses in Mount Kynoch is $676,509 while the median value for Units is $606,949.
  • Houses have a median rent of $590.
There are currently 8 properties listed for sale, and 3 properties listed for rent in Mount kynoch on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Mount kynoch.

Suburb Insights for Mount Kynoch 4350

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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.