FOR SALE
Expressions of interest

39-45 Hugh Ryan Drive
Garbutt QLD 4814

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4087m2
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Premium 183m2 Strata office/warehouse units - For Sale

Ray White Commercial Townsville are pleased to present to the market for the first time in over 20 years.
The complex is made up of 9 strata units, to which the current owners have enjoyed the benefits of these premium office units that have been continually leased with minimal vacancy periods.
Positioned in the heart of Garbutt with close proximity to "Domain" Bulky goods and to all the commercial/ industrial users. The benefits speak for themselves to locate your business within this complex.
The warehouses are 183 m2 with a recent refurbishment undertaken on the building's facade. Each warehouse allows for their own facilities and high clearance clear span warehousing. Each unit has their own level of fit out but the majority offer a small partitioned office and access to the rear hardstand (approx 50 -100m2) via another high clearance roller shutter, allowing for great cross ventilation and access to secure rear storage.
Units available for sale;
Unit 4
Unit 8
Unit 3
Contact Ray White Commercial Townsville today for further information on this 1 in 20 year opportunity.

Property Details for 39-45 Hugh Ryan Dr, Garbutt

Building Type
Commercial
Land Size
4087m2

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About Garbutt 4814

The size of Garbutt is approximately 12 square kilometres. It has 6 parks covering nearly 1.3% of total area. The population of Garbutt in 2011 was 2,482 people. By 2016 the population was 2,425 showing a population decline of 2.3% in the area during that time. The predominant age group in Garbutt is 20-29 years. Households in Garbutt are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Garbutt work in a trades occupation. In 2011, 37.8% of the homes in Garbutt were owner-occupied compared with 37.5% in 2016.

Garbutt has 2,414 properties. Over the last 5 years, Houses in Garbutt have seen a 67.08% increase in median value, while Units have seen a 51.59% increase. As at 31 July 2024:

  • The median value for Houses in Garbutt is $462,991 while the median value for Units is $252,888.
  • Houses have a median rent of $465 while Units have a median rent of $360.
There are currently 16 properties listed for sale, and 27 properties listed for rent in Garbutt on OnTheHouse. According to CoreLogic's data, 130 properties were sold in the past 12 months in Garbutt.

Suburb Insights for Garbutt 4814

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Adrian Pascoe
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Graeme Russell
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Ray White Commercial Townsville
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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.