FOR SALE
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42/44 Ellengowan Street
Urangan QLD 4655

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 486m2
Land area: 4616m2
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Development Site with Holding Income

Samuel Hoy of the Shadforth Commercial Property Team is pleased to present Lot 42/44 Ellengowan Street, Urangan to the market for sale.
Located in the airport precinct, the site is well positioned to capitalise on the growth Hervey Bay is experiencing as it allows for great access for logistics and convenience for locals.
The site is currently being used as self storage for cars, boats and caravans with potential for future development and income streams subject to Council approvals.
HIGHLIGHTS:
• Site area: 4,616m2*
• Storage shed 486m2*
• Concrete car parking 45m2*
• Hardstand 75% of the allotment
• Fully enclosed with security fence, keypad entry & 3 x security cameras
• Approval for storage of 24 shipping containers
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Property Details for 42/44 Ellengowan St, Urangan

Building Type
Commercial
Floor Size
486m2
Land Size
4616m2

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About Urangan 4655

The size of Urangan is approximately 14 square kilometres. It has 23 parks covering nearly 12.6% of total area. The population of Urangan in 2011 was 9,168 people. By 2016 the population was 9,728 showing a population growth of 6.1% in the area during that time. The predominant age group in Urangan is 60-69 years. Households in Urangan are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Urangan work in a professional occupation. In 2011, 58% of the homes in Urangan were owner-occupied compared with 60% in 2016.

Urangan has 6,612 properties. Over the last 5 years, Houses in Urangan have seen a 92.93% increase in median value, while Units have seen a 96.02% increase. As at 31 August 2024:

  • The median value for Houses in Urangan is $678,176 while the median value for Units is $534,103.
  • Houses have a median rent of $540 while Units have a median rent of $450.
There are currently 96 properties listed for sale, and 26 properties listed for rent in Urangan on OnTheHouse. According to CoreLogic's data, 413 properties were sold in the past 12 months in Urangan.

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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.