SOLD
Sold on 16 May 2024 for $850,000

270-272 Charters Towers Road
Hermit Park QLD 4812

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1358m2
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Property Details for 270-272 Charters Towers Rd, Hermit Park

Building Type
Commercial
Land Size
1358m2
Local Government
Townsville City
Lot/Plan
37/RP703476

Last Listing description (April 2023)

- Sale or lease options
- Designed with the automotive industry in mind
- High exposure location

- 70m* A/C showroom and office with amenity
- 50m* attached workshop with 2 service pits
- 125m* of lockable storage sheds
- 200m* or covered shade awning
- 1,358m* land area
- Small fenced storage yard
- Dual street access
- Mixed use zoning
- Most recently the home of a tyre fitting business and a service station in its history
- Suitable for a wide range of uses - automotive display yard, tyre fitting, service station (STCA)
- For Sale - $799,000 (Ex GST)
- For Lease - $84,000 pa (plus GST)

For further information or to arrange an inspection, please contact Aaron Power at Colliers.

*Approx.
^Outlines indicative only

Property History for 270-272 Charters Towers Rd, Hermit Park, QLD 4812

A timeline of how this property has performed in the market
Last Sold
$850,000
16 May 2024
Listed for Rent
$14k/w
04 Apr 2023
  • 16 May 2024
    Sold for $850,000
  • 30 Nov 2022
    Sold for $660,000
  • 22 Jul 2022
    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 2,059 properties. Over the last 5 years, Houses in Hermit Park have seen a 88.16% increase in median value, while Units have seen a 88.04% increase. As at 31 October 2024:

  • The median value for Houses in Hermit Park is $541,192 while the median value for Units is $312,579.
  • Houses have a median rent of $420 while Units have a median rent of $360.
There are currently 20 properties listed for sale, and 15 properties listed for rent in Hermit park on OnTheHouse. According to CoreLogic's data, 127 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.