42 Sussex St, Hyde Park is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1940. The property has a land size of 607m2 and floor size of 149m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
This beautiful, classic Queenslander is very well positioned in a sought-after, central location. Townsville showgrounds are just around the corner, 2 km to the new Queensland Country Bank Stadium and the Reid Park V8 Supercars circuit, 3 km to the CBD and 5km to The Strand beaches. The local Hermit Park Shopping Centre just 500 metres away is anchored by Woolworths, featuring a vibrant mix of supporting tenancies including; Petrol Plus; Caf; Prices Plus; Newsagent; Butcher; Hair Dresser; Bottle Shop; Tobacconist; Pharmacy; Noodles/Sushi and Patisserie. Close to Townsville RSL Club, home to the award-winning Lavarack's Restaurant and Castletown Shopping World, offering a huge selection of shopping and eating options with ample parking. Within minutes to Ottos - Townsville's favourite foodie market, Domain Central and Warrina Cineplex. Medical services abound with GPs, Mater Day Surgery and Private Hospital Hyde Park with Specialist Suites within 400 metres and three other hospitals within 9 km. Six quality primary and secondary schools, recreational parkland all within walking distance and easy, quick access with a bus stop at the end of the street. Bus, bike or drive to James Cook University, only 9 km away.LIVE IN OWNERS / INVESTORS The astute buyer will quickly recognise the opportunity to renovate with confidence to live in or use as an investment. Hyde Park is on buyers' radar for convenient central living, this home offers great family living with the added bonus of being flood and heritage restrictions free. DEVELOPERS Developers may find this property attractive as Low Density Residential Zoning allows for further development of the site in this highly sought-after location (Subject to Council regulations and approvals).PROPERTY ASSETS* Location, location, location - affordable inner city living, close to everything.* Good solid bones to work with* Area holds its value, giving buyers confidence * Flood free, has never been flooded - again not all homes can boast this claim * Everything works, so livable whilst doing renovations * Low Density Residential allows for further developmentFULL INFORMATION PACK AVAILABLE - INCLUDES:* Flood Map * Rates details * Pest Inspection Report * Building Inspection Report
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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