FOR SALE
$500,000

24 Mosman Street
Charters Towers City QLD 4820

Bedrooms: 9
Bathrooms: 2
Car spaces: 10
Land area: 1553m2
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Prime CBD Property with over 8% Gross Return

Situated on the most prestigious CBD street in Charters Towers, this unique property offers the dual benefits of commercial zoning and (current) residential usage. This means the property may be purchased by residential contract and with a residential mortgage. Changing the current usage to commercial in the future is a simple matter as the land is zoned commercial.
Currently, this property leased to a corporate client at $875 per week on a residential contract. There has always been strong demand for this property. This strong demand is expected to continue for many years. The property features 9 bedrooms, 2 large lounges, 3 toilets and 2 bathrooms. Maintained to a high standard, the property is air-conditioned and fully furnished throughout. Outside, the property is fully fenced, with ample parking and a generous outdoor entertaining area, which backs onto a large and open back yard.
Future possibilities for this property include offices or business centre, childcare, bed and breakfast, or medical practice (with 9 separate consulting rooms and 2 receptions).

Property Details for 24 Mosman St, Charters Towers City

24 Mosman St, Charters Towers City is a 9 bedroom, 2 bathroom House with 10 parking spaces. The property has a land size of 1553m2. The place is currently for sale with Jensens Real Estate & Livestock.

Building Type
House
Land Size
1553m2

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About Charters Towers City 4820

The size of Charters Towers City is approximately 2.9 square kilometres. It has 5 parks covering nearly 5.9% of total area. The population of Charters Towers City in 2011 was 1,949 people. By 2016 the population was 2,143 showing a population growth of 10.0% in the area during that time. The predominant age group in Charters Towers City is 10-19 years. Households in Charters Towers City are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Charters Towers City work in a professional occupation. In 2011, 54.7% of the homes in Charters Towers City were owner-occupied compared with 56.7% in 2016.

Charters Towers City has 1,430 properties. Over the last 5 years, Houses in Charters Towers City have seen a 57.85% increase in median value, while Units have seen a -12.32% decrease. As at 30 September 2024:

  • The median value for Houses in Charters Towers City is $285,163 while the median value for Units is $220,542.
  • Houses have a median rent of $350 while Units have a median rent of $248.
There are currently 52 properties listed for sale, and 5 properties listed for rent in Charters towers city on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in Charters towers city.

Suburb Insights for Charters Towers City 4820

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Tamara Vauhkonen
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Jensens Real Estate & Livestock
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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.