FOR SALE
$1,200,000 ex GST

5-9 Virgil Street
Hyde Park QLD 4812

Bedrooms: -
Bathrooms: -
Car spaces: 20
Floor area: 1281m2
Land area: 2322m2
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Commercial redevelopment site in Hyde Park - existing 1,280 sqm structure

This unique property adjoins the Hyde Park retail centre and is located just a few doors from Castletown Shopping Centre.
Features include:
• 2,322 sqm level site
• Existing 1,280 sqm colonial-style timber structure
• 60 metre frontage to Virgil Street
• Flexible 'Major Centres' commercial zoning
• Offered with vacant possession
For sale: $1,200,000 ex GST
Contact exclusive agents Ray White Commercial Townsville to arrange an inspection.

Property Details for 5-9 Virgil St, Hyde Park

Building Type
Commercial
Floor Size
1281m2
Land Size
2322m2

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About Hyde Park 4812

The size of Hyde Park is approximately 1.2 square kilometres. It has 4 parks covering nearly 6.3% of total area. The population of Hyde Park in 2011 was 1,425 people. By 2016 the population was 1,374 showing a population decline of 3.6% in the area during that time. The predominant age group in Hyde Park is 30-39 years. Households in Hyde Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hyde Park work in a professional occupation. In 2011, 47.9% of the homes in Hyde Park were owner-occupied compared with 49.3% in 2016.

Hyde Park has 943 properties. Over the last 5 years, Houses in Hyde Park have seen a 61.96% increase in median value, while Units have seen a 73.70% increase. As at 30 November 2024:

  • The median value for Houses in Hyde Park is $518,856 while the median value for Units is $293,419.
  • Houses have a median rent of $410 while Units have a median rent of $350.
There are currently 9 properties listed for sale, and 6 properties listed for rent in Hyde park on OnTheHouse. According to CoreLogic's data, 50 properties were sold in the past 12 months in Hyde park.

Suburb Insights for Hyde Park 4812

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Contact agent
Troy Townsend
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Stacie Stockham
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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.