FOR SALE
$2,800,000 ex GST

43 Gregory Street
Condon QLD 4815

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 500m2
Land area: 3ha
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2.9 Hectare Medium Density Residential Infill Development Site

Located only minutes from Willows Shopping Centre, Cannon Park, and Riverway, this outstanding development site of 2.9 hectares is available for immediate sale.
Features include:
• Two titles totalling 29,000 sqm
• Zoned Medium Density Residential
• Ability to build up to three levels
• Existing services in place
• Includes 3 houses leased to residential tenants returning approximately $5,620 per month gross rental income
Sale: $2,800,000 ex GST
For more information or to arrange an inspection, please contact Ray White Commercial Townsville.

Property Details for 43 Gregory St, Condon

Building Type
Commercial
Floor Size
500m2
Land Size
3ha

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About Condon 4815

The size of Condon is approximately 5.4 square kilometres. It has 8 parks covering nearly 2.6% of total area. The population of Condon in 2011 was 5,866 people. By 2016 the population was 5,772 showing a population decline of 1.6% in the area during that time. The predominant age group in Condon is 0-9 years. Households in Condon are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Condon work in a trades occupation. In 2011, 54.6% of the homes in Condon were owner-occupied compared with 55.8% in 2016.

Condon has 2,585 properties. Over the last 5 years, Houses in Condon have seen a 109.47% increase in median value, while Units have seen a 36.57% increase. As at 30 November 2024:

  • The median value for Houses in Condon is $465,453 while the median value for Units is $369,600.
  • Houses have a median rent of $460 while Units have a median rent of $405.
There are currently 4 properties listed for sale, and 10 properties listed for rent in Condon on OnTheHouse. According to CoreLogic's data, 165 properties were sold in the past 12 months in Condon.

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Troy Townsend
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Ray White Commercial Townsville
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