SOLD
Sold on 28 May 2024 for $1,020,000

12 Cumner Road
Torrington QLD 4350

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 167m2
Land area: 4669m2
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Property Details for 12 Cumner Rd, Torrington

Building Type
Commercial
Year Built
1985
Floor Size
167m2
Land Size
4669m2
Local Government
Toowoomba Regional
Lot/Plan
17/RP114400

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:

- 4,669m2* Total site area
- 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

A timeline of how this property has performed in the market
Last Sold
$1,020,000
28 May 2024
  • 28 May 2024
    Sold for $1,020,000
  • 25 Mar 2024
    Listed for Sale Contact Agent
  • 13 Sep 1996
    Sold for $198,000
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About 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 909 properties. Over the last 5 years, Houses in Torrington have seen a 68.07% increase in median value. As at 31 October 2024:

  • The median value for Houses in Torrington is $879,670 while the median value for Units is $446,961.
  • Houses have a median rent of $433.
There are currently 6 properties listed for sale, and 13 properties listed for rent in Torrington on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Torrington.

Suburb Insights for Torrington 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.