SOLD
RECENT ADVICE
Sold on 23 Aug 2024 for $650,000

36 Camuglia Street
Garbutt QLD 4814

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 510m2
Land area: 1504m2
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Property Details for 36 Camuglia St, Garbutt

Building Type
Commercial
Floor Size
510m2
Land Size
1504m2
Local Government
Townsville City
Lot/Plan
16/RP742264

Last Listing description (August 2024)

Raine and Horne Commercial are pleased to present for sale this stand alone 30 unit storage complex in Garbutt.

36 Camuglia St is centrally located in Garbutt but minutes away from heavy industry of the Bohle or if needed 10-15 mins from Townsville's most populated suburbs.

The 30 storage units will suit a variety of users from the home owner needing a little extra space to a tradesperson looking for some workshop storage, competitively priced and partially tenanted the passive upside is all here. With capacity to return an income of approx $53,000 per annum and little overheads it is a smart investment.

Some key features :

• Partially tenanted producing income
• Little maintenance
• Storage available from 8m2 to 32m2
• Full drive though access
• Concrete hardstand all round
• Electronic entry and exit
• Securely fenced
• Central to most locations

Please contact Raine & Horne Commercial today for more information.

Property History for 36 Camuglia St, Garbutt, QLD 4814

A timeline of how this property has performed in the market
Last Sold
$650,000
23 Aug 2024
Listed for Rent
$2/w
29 Jan 2024
  • 08 Jul 2024
    Sold for $650,000
  • 27 Apr 2024
    Listed for Sale For Sales via Expression of Interest
  • 29 Jan 2024
    Listed for Rent $100 / year
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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 2,410 properties. Over the last 5 years, Houses in Garbutt have seen a 77.87% increase in median value, while Units have seen a 49.86% increase. As at 30 September 2024:

  • The median value for Houses in Garbutt is $490,525 while the median value for Units is $286,759.
  • Houses have a median rent of $470 while Units have a median rent of $363.
There are currently 16 properties listed for sale, and 29 properties listed for rent in Garbutt on OnTheHouse. According to CoreLogic's data, 138 properties were sold in the past 12 months in Garbutt.

Suburb Insights for Garbutt 4814

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Contact agent
Steve Leaumont
Show contact details
Raine & Horne Commercial Townsville
Preferred contact:
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.