SOLD
Sold on 27 May 2024 for $10,700,000

891-909 Ingham Road
Bohle QLD 4818

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 9253m2
Land area: 51360m2
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Property Details for 891-909 Ingham Rd, Bohle

Building Type
Commercial
Floor Size
9253m2
Land Size
51360m2
Local Government
Townsville City
Lot/Plan
3/RP801000

Last Listing description (November 2021)

Colliers International has the pleasure of offering 891 Ingham Road, Bohle for sale. The property represents one of the best single tenanted investment opportunities to be presented in the Townsville market this year.

This is an excellent opportunity for an investor that is seeking to acquire an industrial investment that ticks all the boxes with a long and secure cash flow and outstanding underlying real estate fundamentals.

The key features of the property include:

Rare "Triple Net Lease"
Minimum 3% annual reviews
Long-term tenant at the site (over 20 years)
Substantial capital improvements held on site
Outstanding access to major road infrastructure including direct access to the Bruce Highway

Property History for 891-909 Ingham Rd, Bohle, QLD 4818

A timeline of how this property has performed in the market
Last Sold
$10,700,000
27 May 2024
  • 27 May 2024
    Sold for $10,700,000
  • 08 Nov 2018
    Listed for Sale EOI 23/11/18
  • 17 Mar 2016
    Sold for $8,100,000
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About Bohle 4818

The size of Bohle is approximately 7.6 square kilometres. It has 1 park. The population of Bohle in 2011 was 164 people. By 2016 the population was 63 showing a population decline of 61.6% in the area during that time. The predominant age group in Bohle is 50-59 years. Households in Bohle are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Bohle work in a trades occupation. In 2006, 6.9% of the homes in Bohle were owner-occupied compared with 52.1% in 2011..

Bohle has 247 properties. Over the last 5 years, Houses in Bohle have seen a 69.86% increase in median value, while Units have seen a 128.87% increase. As at 30 September 2024:

  • The median value for Houses in Bohle is $472,718 while the median value for Units is $466,676.
There are currently 4 properties listed for sale, and 6 properties listed for rent in Bohle on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Bohle.

Suburb Insights for Bohle 4818

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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.