SOLD
Sold on 20 Feb 2024 for $990,000

75 Pilkington Street
Garbutt QLD 4814

Bedrooms: -
Bathrooms: -
Car spaces: 6
Floor area: 581m2
Land area: 802m2
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Property Details for 75 Pilkington St, Garbutt

Building Type
Commercial
Floor Size
581m2
Land Size
802m2
Local Government
Townsville City
Lot/Plan
26/RP715512

Last Listing description (May 2024)

This high-quality office and warehouse facility is available for immediate sale and features:

92 sqm ground floor showroom or offices
169 sqm first-floor offices with 4 private offices and the balance open plan workstations

342 sqm of high clearance warehouse with foreman's mezzanine office
Secure 802 sqm site with 4 undercover car spaces and additional open-air parking
The warehouse has been configured as two separate areas, each with roller door access, which would easily allow for the property to be multi-tenanted
Immaculately maintained, the property has recently had major roof and air conditioning upgrades
The internal offices have been freshly painted

The property is subject to a commercial lease with Duratec Limited which expires on 5 March 2025. The tenant would be willing to relocate should the buyer wish to occupy the property themselves.

The current rent is $70,000 p.a. + GST.

Contact exclusive marketing agents Ray White Commercial to arrange an inspection today.

Property History for 75 Pilkington St, Garbutt, QLD 4814

A timeline of how this property has performed in the market
Last Sold
$990,000
20 Feb 2024
Listed for Rent
$1.15k/w
25 Mar 2019
  • 20 Feb 2024
    Sold for $990,000
  • 20 Nov 2023
    Listed for Sale Offers over $1,050,000
  • 12 May 2017
    Listed for Sale Please contact agent
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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 74.56% increase in median value, while Units have seen a 55.81% increase. As at 31 August 2024:

  • The median value for Houses in Garbutt is $478,864 while the median value for Units is $270,018.
  • Houses have a median rent of $463 while Units have a median rent of $370.
There are currently 17 properties listed for sale, and 27 properties listed for rent in Garbutt on OnTheHouse. According to CoreLogic's data, 126 properties were sold in the past 12 months in Garbutt.

Suburb Insights for Garbutt 4814

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Contact agent
Stacie Stockham
Show contact details
Troy Townsend
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Ray White Commercial Townsville
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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.