SOLD
Sold on 20 Jan 2024 for $660,000

29-31 Yeatman Street
Hyde Park QLD 4812

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 356m2
Land area: 1214m2
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Property Details for 29-31 Yeatman St, Hyde Park

Building Type
Commercial
Year Built
1990
Floor Size
356m2
Land Size
1214m2
Local Government
Townsville City
Lot/Plan
65/RP703349

Last Listing description (March 2024)

Large fully fenced block of land with multiple sheds, large family multi-levelled home sitting on over 1200 square metres on the fringe of Townsville City - WOW - this will be hard to find again ! The sellers have retired from their Event & Catering Business (which filled all of the sheds, home office facilities, parking and storage options) and this property opportunity is here for you now !

This selling process will enable all buyers to conduct their due diligence as to the use of the land and wonderful residence to ensure this property will meet all of your needs.

TITLE and RESEARCH explains the property as follows:

- Commercial Property
- first use outlined : Light Industry
- second use outlined : Single Unit Dwelling
- the property is located within the Mixed Use Zone (Charters Towers Road Business Precinct) of the Townsville City Plan 2014
- the last approved use of the land involved a Development Permit for Material Change of Use - Sales or Hire Yard (Marquee Hire) and Caretakers Residence (Council reference MI08/0112).

Living Quarters / Residence

Downstairs :
- floor tiling through out
- large combined bathroom (shower, bathroom cabinetry and single basin, laundry tub and plumbing for all your laundry needs)
- separate toilet
- under stairs storage
- two rooms at the front of the property which are brilliant for home offices and staff
- large bar area boasting: built in cold room & keg facilities, large timber servery, open plan living surrounding the bar is perfect for pool tables, seating and so much more
- air-conditioning
- full security screens and doors
- painting is fresh and like new

Upstairs :
- polished timber floors
- air conditioning
- three generous bedrooms
- master bedroom has enormous walk in robe / study - fit for Oprah !
- spacious kitchen
- large entertaining deck under roof (with weather and privacy protection) fit for any festival or party celebration
- generous living area sits between dining and out door area - all your entertaining areas mesh together

SOLAR : Enormous system to reduce all your costs

Please note : all contracts will be subject to the following special condition:
- The Buyer acknowledges that prior to entering this Contract, disclosure has been made to the Buyer of the last approved land use of the property under the Townsville City Council Planning Scheme, namely 'Sales or Hire Yard (Marquee Hire) and Caretakers Residence' (Council reference MI08/0112). The Present Use of 'Primary Land Use: Light Industry' and 'Secondary Land Use: Single Unit Dwelling' has been adopted to best describe the land use last approved by the Townsville City Council.

Jools Murno & Craig Allom - Explore Property Munro & Co are very proud to be presenting the sellers and bringing this property to the market. We are here to help you understand how you could this make this property work for you.

Property History for 29-31 Yeatman St, Hyde Park, QLD 4812

A timeline of how this property has performed in the market
Last Sold
$660,000
20 Jan 2024
Listed for Rent
$13k/w
07 Jul 2022
  • 20 Jan 2024
    Sold for $660,000
  • 29 Dec 2023
    Listed for Rent $680 / week
  • 12 Dec 2019
    Listed for Sale Contact Agent
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About Hyde Park 4812

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:

  • The median value for Houses in Hyde Park is $504,398 while the median value for Units is $287,957.
  • Houses have a median rent of $400 while Units have a median rent of $345.
There are currently 6 properties listed for sale, and 2 properties listed for rent in Hyde park on OnTheHouse. According to CoreLogic's data, 46 properties were sold in the past 12 months in Hyde park.

Suburb Insights for Hyde Park 4812

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Contact agent
Craig Allom
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Jools Munro
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Explore Property Munro & Co
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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.