Highly Exposed Showroom & Workshop
Built in the mid 80???s, this solid masonry brick building ideally located close to the CBD on Charters Towers Rd with drive through access to Smith Street. The improvements feature over 200 m2 of air conditioned showroom, which can easily be extended to suit larger showroom requirements, and 800 m2 of high clearance workshop space which boasts multiple roller door access points on both sides of the building.
The property can be split into dual tenancies with Bob Parkes Automotive looking to remain in the property as long term 5 + 5 year tenants in the lower workshop section. Therefore we are also seeking interest from showroom / warehouse tenants to occupy the left hand showroom side which will approximately provide 570 m2 in total with 200 m2 of that being air conditioned showroom. The entire property is undergoing a full upgrade including current amenities as well as secondary amenities installed behind the showroom plus fresh paint throughout, new ceiling and lighting in the showroom and concrete tenancy dividers.
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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