10 Perwillowen RoadBurnside QLD 4560
Property Details for 10 Perwillowen Rd, Burnside
Last Listing description (December 2023)
PRIME BLOCK OF LAND FOR SALE IN NAMBOUR WITH HUGE DEVELOPMENT UPSIDE
Samuel Hoy & Emily Pendleton from Ray White Commercial Northern Corridor Group are pleased to present the off market opportunity to purchase 10 Perwillowen Road, Nambour. This 3,621m2 flat block of land is located in a light industry zoning allowing for a multitude of uses and offers ample development upside. There is a 200m2 (approx) two-storey building on the property which has previously been rented for circa $60K a year. The hardstand alone would rent for circa $35/m2 offering a rental income of $126K a year + Outgoings + GST. The demand for hardstand in this area is at an all time high as well.
Hightlights:
• Zoned light industry
• Minutes to the heart of Nambour CBD
• Flat block of land
• 200m2 building approx at the rear of the block
The seller is motivated to sell and we encourage all reasonable offers be presented for consideration.
If you would like to discuss this opportunity further and how it might suit you please contact the marketing agents.
Property History for 10 Perwillowen Rd, Burnside, QLD 4560
- 18 Dec 2023Sold for $1,000,000
- 11 Dec 2023Listed for Sale Offers to Purchase
- 22 Jun 2022Listed for Rent $413 / year
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About Burnside 4560
The size of Burnside is approximately 4.8 square kilometres. It has 6 parks covering nearly 1.3% of total area. The population of Burnside in 2011 was 1,948 people. By 2016 the population was 2,393 showing a population growth of 22.8% in the area during that time. The predominant age group in Burnside is 0-9 years. Households in Burnside are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Burnside work in a trades occupation. In 2011, 71.5% of the homes in Burnside were owner-occupied compared with 75.9% in 2016.
Burnside has 1,428 properties. Over the last 5 years, Houses in Burnside have seen a 85.50% increase in median value, while Units have seen a 65.30% increase. As at 30 September 2024:
- The median value for Houses in Burnside is $809,516 while the median value for Units is $603,345.
- Houses have a median rent of $695.
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