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2-6 Railway Avenue
Railway Estate QLD 4810

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 600m2
Land area: 2730m2
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Fringe CBD development site or tenanted investment

This 2,730 sqm highly exposed site comprises three individual lots to be sold in one line.
The property is located at the corner of Boundary Street and Railway Avenue, just 1 kilometre from the Townsville CBD and has access via Boundary Street, Railway Avenue and Flowers Street.
The property borders the Townsville V8 Supercar Reid Park racetrack and is within viewing distance of the almost completed $293.5 Million Queensland Country Bank Stadium.
Features include:
• 2 Railway Avenue (aka 92 Boundary Street)
Two storey commercial building with retail/commercial ground floor tenancies and residential/commercial tenancies on the first floor (partially tenanted)
• 4 Railway Avenue
High set Queenslander style residence (tenanted)
• 6 Railway Avenue
Office & workshop, fully concreted and fenced (tenanted)
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Property Details for 2-6 Railway Ave, Railway Estate

Building Type
Commercial
Floor Size
600m2
Land Size
2730m2

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About Railway Estate 4810

The size of Railway Estate is approximately 4 square kilometres. It has 9 parks covering nearly 14.3% of total area. The population of Railway Estate in 2011 was 2,956 people. By 2016 the population was 2,846 showing a population decline of 3.7% in the area during that time. The predominant age group in Railway Estate is 20-29 years. Households in Railway Estate are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Railway Estate work in a professional occupation. In 2011, 54.5% of the homes in Railway Estate were owner-occupied compared with 55% in 2016.

Railway Estate has 1,768 properties. Over the last 5 years, Houses in Railway Estate have seen a 71.55% increase in median value, while Units have seen a 84.53% increase. As at 31 October 2024:

  • The median value for Houses in Railway Estate is $506,615 while the median value for Units is $353,755.
  • Houses have a median rent of $480 while Units have a median rent of $410.
There are currently 21 properties listed for sale, and 9 properties listed for rent in Railway estate on OnTheHouse. According to CoreLogic's data, 105 properties were sold in the past 12 months in Railway estate.

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Stacie Stockham
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Troy Townsend
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Ray White Commercial Townsville
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