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
• 60.3-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 934 properties. Over the last 5 years, Houses in Hyde Park have seen a 60.49% increase in median value, while Units have seen a 48.10% increase. As at 30 September 2024:

  • The median value for Houses in Hyde Park is $492,987 while the median value for Units is $278,819.
  • Houses have a median rent of $445 while Units have a median rent of $345.
There are currently 8 properties listed for sale, and 2 properties listed for rent in Hyde park on OnTheHouse. According to CoreLogic's data, 46 properties were sold in the past 12 months in Hyde park.

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Suburb Insights for Hyde Park 4812

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Troy Townsend
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Stacie Stockham
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Ray White Commercial Townsville
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