FOR SALE
REDUCED TO $750,000

Contact Agent For Address
Wandal QLD 4700

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 220m2
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TENANTED INVESTMENT - NEW 3 YEAR LEASE IN PLACE WANDAL

McArthur and Associates Property Consultants is pleased to offer this wonderful commercial investment in Wandal (Rockhampton) For Sale. Previously a medical centre for over 40 years it has a brand new 3 year lease just executed to a psychologist. Rent $54,000 PA plus GST plus Outgoings.
The property is located along Baden Powell Street and is approximately 220m2 under roof.
This Property has the following features;
• Air-conditioned throughout
• 1 large consulting room
• 4 smaller consulting rooms
• All consulting rooms have sinks
• 1 storage room
• 1 Reception and waiting area
• 2 toilets
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Property Details for Contact Agent For Address, Wandal

Building Type
Commercial
Floor Size
220m2

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About Wandal 4700

The size of Wandal is approximately 3.2 square kilometres. It has 7 parks covering nearly 18.4% of total area. The population of Wandal in 2011 was 4,237 people. By 2016 the population was 4,021 showing a population decline of 5.1% in the area during that time. The predominant age group in Wandal is 50-59 years. Households in Wandal are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Wandal work in a professional occupation. In 2011, 61.6% of the homes in Wandal were owner-occupied compared with 64.8% in 2016.

Wandal has 1,931 properties. Over the last 5 years, Houses in Wandal have seen a 129.53% increase in median value, while Units have seen a 67.71% increase. As at 31 October 2024:

  • The median value for Houses in Wandal is $499,254 while the median value for Units is $393,395.
  • Houses have a median rent of $500 while Units have a median rent of $395.
There are currently 12 properties listed for sale, and no properties listed for rent in Wandal on OnTheHouse. According to CoreLogic's data, 120 properties were sold in the past 12 months in Wandal.

Suburb Insights for Wandal 4700

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Darren McArthur
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McArthur & Associates Property Consultants
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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.