SOLD
Sold on 17 Mar 2024 for $1,800,000

112 Dearness Street
Garbutt QLD 4814

Bedrooms: -
Bathrooms: -
Car spaces: 5
Land area: 1821m2
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Property Details for 112 Dearness St, Garbutt

Building Type
Commercial
Land Size
1821m2
Local Government
Townsville City
Lot/Plan
11/T118304

Last Listing description (November 2023)

iMCommercial is proud to present for lease 112 Dearness Street in Garbutt.

Garbutt is the premier light and medium impact industrial suburb of Townsville located close to all major services, main arterial roads and Townsville airport.

This property has undergone a full renovation and is offered for immediate lease.

Property Features:

- Land 1,821sqm
- Masonry Block and I beam building approx. 1,169sqm
- Large fully renovated showroom approx. 60sqm
- Private office & open plan work area approx. 115sqm
- Kitchen/staffroom with M/F amenities
- 1,004 sqm insulated warehouse
- Three electric roller doors
- Full hardstand secured yard
- Good natural light and ventilation to warehouse
- Great natural light to Showroom and Offices
- Close proximity to Townsville airport

$95,000 pa plus Gst plus usual outgoings

To arrange an inspection or find out more information please contact Tony Parker 0419 677798.

Property History for 112 Dearness St, Garbutt, QLD 4814

A timeline of how this property has performed in the market
Last Sold
$1,800,000
17 Mar 2024
Listed for Rent
$110k/w
10 Nov 2023
  • 17 Mar 2024
    Sold for $1,800,000
  • 10 Nov 2023
    Listed for Rent $110,000 / year
  • 15 Jun 2023
    Sold for $1,030,000
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About Garbutt 4814

The size of Garbutt is approximately 12 square kilometres. It has 6 parks covering nearly 1.3% of total area. The population of Garbutt in 2011 was 2,482 people. By 2016 the population was 2,425 showing a population decline of 2.3% in the area during that time. The predominant age group in Garbutt is 20-29 years. Households in Garbutt are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Garbutt work in a trades occupation. In 2011, 37.8% of the homes in Garbutt were owner-occupied compared with 37.5% in 2016.

Garbutt has 2,408 properties. Over the last 5 years, Houses in Garbutt have seen a 81.00% increase in median value, while Units have seen a 73.71% increase. As at 31 October 2024:

  • The median value for Houses in Garbutt is $501,793 while the median value for Units is $308,611.
  • Houses have a median rent of $475 while Units have a median rent of $360.
There are currently 16 properties listed for sale, and 30 properties listed for rent in Garbutt on OnTheHouse. According to CoreLogic's data, 144 properties were sold in the past 12 months in Garbutt.

Suburb Insights for Garbutt 4814

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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.