SOLD
Sold on 07 Dec 2023 for $1,028,000

238 Charters Towers Road
Hermit Park QLD 4812

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 658m2
Sold By
Colliers Townsville
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Property Details for 238 Charters Towers Rd, Hermit Park

Building Type
Commercial
Land Size
658m2
Local Government
Townsville City
Lot/Plan
75/RP703473

Last Listing description (November 2023)

- High profile / strategic position with great exposure to the major arterial strip of Charters Towers Road and in close proximity to facilities such as the Hermit Park Shopping Centre (anchored by Woolworths), schooling, medical centres, and only 3km from the CBD
- Corner block with two-street frontage
- Sought-after commercial asset with 4x commercial tenancies, communal kitchen / lunch room area, communal male / female toilets + disability complaint toilet, and generous rear on-site car parking

- Diverse property with the ability to cater for multiple uses from retail, office, and medical or allied health
- Current tenants consist of mostly retail and allied health
- Floor area of 342m
- Land area of 658m
- Net income of $68,474.92* pa (plus GST)

For Sale by Expressions of Interest closing Thursday, 7 December at 4pm.

For further information or to arrange an inspection, please contact Ben Wheeler at Colliers.

*Approx
^Outlines / markups indicative only

Property History for 238 Charters Towers Rd, Hermit Park, QLD 4812

A timeline of how this property has performed in the market
Last Sold
$1,028,000
07 Dec 2023
Listed for Rent
30 Jul 2021
  • 07 Dec 2023
    Sold for $1,028,000
  • 03 Nov 2023
    Listed for Sale For Sale by EOI
  • 19 Feb 2021
    Listed for Rent - Price not available
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About Hermit Park 4812

The size of Hermit Park is approximately 2.2 square kilometres. It has 5 parks covering nearly 26.4% of total area. The population of Hermit Park in 2011 was 3,520 people. By 2016 the population was 3,423 showing a population decline of 2.8% in the area during that time. The predominant age group in Hermit Park is 20-29 years. Households in Hermit Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hermit Park work in a professional occupation. In 2011, 48.1% of the homes in Hermit Park were owner-occupied compared with 47% in 2016.

Hermit Park has 2,061 properties. Over the last 5 years, Houses in Hermit Park have seen a 86.12% increase in median value, while Units have seen a 62.03% increase. As at 30 September 2024:

  • The median value for Houses in Hermit Park is $539,760 while the median value for Units is $303,725.
  • Houses have a median rent of $420 while Units have a median rent of $350.
There are currently 16 properties listed for sale, and 16 properties listed for rent in Hermit park on OnTheHouse. According to CoreLogic's data, 124 properties were sold in the past 12 months in Hermit park.

Suburb Insights for Hermit Park 4812

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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.