12 Cumner RoadTorrington QLD 4350
Property Details for 12 Cumner Rd, Torrington
Last Listing description (July 2024)
Colliers Toowoomba is proud to exclusively present this outstanding industrial development opportunity at 12 Cumners Road, Torrington to the market For Sale via Expressions of Interest closing May 2nd 2024 at 4pm.
An exceptionally rare offering, being presented to the market for the first time in over 27 years and the only 1 Acre industrial site currently available in Toowoomba's premier industrial precinct. Conveniantly accessable via major arterial Boundary Street, with direct connectivity to the Toowoomba Second Range Crossing & Warrego Highway.
Featuring:
- 150m2* Shed with mezzanine storage and office
- Favourable 'Medium Impact Industry' zoning allowing 24/7 operation
- Low site coverage offers excellent development potential for a range of industrial uses**
- Two street frontage via Cumners Road & Kimberley Court
- 4 Bedroom residential dwelling with PWD access
- Holding income via industrial tenant on periodic lease
Don't miss your opportunity to secure this significant development oppotunity in one of the fastest growing regions in Australia!
Accelerating Success. For more information or to arrange an inspection, please contact the exclusive marketing agents Mitch Willis or Mike Turley of Colliers Toowoomba.
*approx
**STCA
Property History for 12 Cumner Rd, Torrington, QLD 4350
- 28 May 2024Sold for $1,020,000
- 25 Mar 2024Listed for Sale Contact Agent
- 13 Sep 1996Sold for $198,000
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0About Torrington 4350
The size of Torrington is approximately 7.8 square kilometres. It has 3 parks covering nearly 1.2% of total area. The population of Torrington in 2011 was 879 people. By 2016 the population was 878 showing a population decline of 0.1% in the area during that time. The predominant age group in Torrington is 50-59 years. Households in Torrington are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Torrington work in a trades occupation. In 2011, 89.3% of the homes in Torrington were owner-occupied compared with 89.6% in 2016.
Torrington has 890 properties. Over the last 5 years, Houses in Torrington have seen a 76.82% increase in median value. As at 31 August 2024:
- The median value for Houses in Torrington is $863,643 while the median value for Units is $427,707.
- Houses have a median rent of $433.
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