2B Arthur StreetDepot Hill QLD 4700
Property Details for 2b Arthur St, Depot Hill
Last Listing description (November 2021)
The owners have decided to sell their treasured warehouse.
RENT INCOME
$1,950.00 per month
Insurance $1387.67 per year
Rates Outgoings $1857.80 x 2
CURRENT TENANTS
A solar/air conditioning/ electrical firm and are happy to stay on.
Currently on a month to month lease
BUILDING
The building is a concrete and rock block construction with modern offices and lunchroom & toilet facilities. The building is approx 190m2 and sits on a 455m2 level block.
Do the math...this could net you over 8% return. Investment groups will be jumping over each other for this one.
Property History for 2b Arthur St, Depot Hill, QLD 4700
- 18 Oct 2021Sold for $200,000
- 01 Oct 2021Listed for Sale Buyers over $220,000 (Going Concern)
- 19 Sep 2018Listed for Rent $23,625 / year
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0About Depot Hill 4700
The size of Depot Hill is approximately 3.1 square kilometres. It has 7 parks covering nearly 18.4% of total area. The population of Depot Hill in 2011 was 1,065 people. By 2016 the population was 1,043 showing a population decline of 2.1% in the area during that time. The predominant age group in Depot Hill is 50-59 years. Households in Depot Hill are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Depot Hill work in a labourer occupation. In 2011, 68.9% of the homes in Depot Hill were owner-occupied compared with 60.9% in 2016.
Depot Hill has 561 properties. Over the last 5 years, Houses in Depot Hill have seen a 121.64% increase in median value. As at 31 October 2024:
- The median value for Houses in Depot Hill is $310,271 while the median value for Units is $320,248.
- Houses have a median rent of $390.
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