Ray White Commercial is excited to bring to market 17 Yeatman Street, Hyde Park.
Offered to the market for the first time in many years, this property will be in high demand due to the flexibility this property offers.
This unique opportunity to own two warehouses so close to the Townsville CBD rarely comes along.
The mixed use zoning provides the option of many uses over a wide range of business'
Warehouse 1 - Full clearspan 450 sqm retail showroom with amenities, small office & storage area. This building has been a shoe retail outlet for many years. Would be perfect for retail, gym, tradie or storage.
Warehouse 2 - Full clearspan 450 sqm warehouse. The office component of this warehouse is leased to an embroidery business for three years. Gross rent is approx $28,000 pa. This office space occupies approx 210 sqm with the balance of the warehouse 240 sqm available to rent out or use.
This property is perfect for an investor or owner occupier looking to take advantage of having the two buildings.
To arrange an inspection contact exclusive marketing agent Tony Parker Ray White Commercial.
The size of Hyde Park is approximately 1.2 square kilometres. It has 4 parks covering nearly 6.3% of total area. The population of Hyde Park in 2011 was 1,425 people. By 2016 the population was 1,374 showing a population decline of 3.6% in the area during that time. The predominant age group in Hyde Park is 30-39 years. Households in Hyde Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hyde Park work in a professional occupation. In 2011, 47.9% of the homes in Hyde Park were owner-occupied compared with 49.3% in 2016.
Hyde Park has 933 properties. Over the last 5 years, Houses in Hyde Park have seen a 61.34% increase in median value, while Units have seen a 78.54% increase. As at 31 October 2024:
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