229 Hursley RoadTorrington QLD 4350
Property Details for 229 Hursley Rd, Torrington
Last Listing description (October 2024)
Colliers is proud to bring a prime infill development site at 219-229 Hursley Road, Toowoomba to market for sale via Expressions of Interest. This property presents an unrivalled opportunity to be part of the Toowoomba growth story within Australia's second largest inland city, approximately 125kms West of the Brisbane CBD.
Strategically located in the major western suburbs' growth corridor of Torrington and with proximity to major road corridors and social infrastructure, the property offers a land development opportunity with scale and flexibility rarely seen in Toowoomba.
The land development spans across a 25.33 hectare* holding in South-East Queensland and is the largest infill land development opportunity for sale in Toowoomba. This site is ready for immediate action with accessibility to both Carrington Road and Hursley Road, making it an ideal choice for developers looking to create a large-scale project with mixed-use outcomes (STCA).
The property benefits from a significant amount of recent infrastructure development that has occurred in the last 18 months. Over $5M* has been invested in the precinct with the construction of Robson-Hursley Road, the Carrington Road intersection upgrade, and the installation of trunk sewerage connecting the area to the Troys Road sewerage pump station.
Key Property Features include:
- Expansive 25.33* hectare holding with three street frontages
- Mixture of zoning (Industrial & Emerging Community) allowing for multiple land uses over a staged project (STCA)
- Extensive infrastructure readily available at property
- Booming local and regional economy with diversified growth engines driving development
- Population forecasts having Toowoomba growing strongly to a population in excess of 240,000+ residents in the next 25 years (SEQRP 2023)
- Proximity to existing social infrastructure including Coles Glenvale & Clifford Gardens Shopping Centre, Glenvale Christian School, Glenvale State School
For more information or to arrange an inspection, please contact the Exclusive Marketing agents Dan Dwan or Brendan Hogan of Colliers.
Accelerating success.
*approximately
Property History for 229 Hursley Rd, Torrington, QLD 4350
- 30 May 2024Listed for Sale Expression of Interest
- 13 Feb 2024Listed for Sale Expression of Interest
Commute Calculator
Recent sales nearby
See more recent sales nearby
0
0
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
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 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.
Suburb Insights for Torrington 4350
Market Insights
Torrington Trends for Houses
N/A
N/A
View TrendN/A
N/A
Torrington Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
