SOLD
Sold on 01 Aug 2024 for $336,000

264 Kent Street
Maryborough QLD 4650

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 218m2
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Property Details for 264 Kent St, Maryborough

Building Type
Commercial
Land Size
218m2
Local Government
Fraser Coast Regional
Lot/Plan
1/RP180496

Last Listing description (September 2024)

Are you looking for a prime investment property that offers both residential and commercial potential? Look no further than 264 Kent St, Maryborough.
- This exceptional property is fully tenanted and offers a fantastic return on investment in a sought-after location.

- Experience the comfort of a well-designed upstairs living space with this spacious and modern 1-bedroom unit perfect for singles or couples.
- See the versatile 75m2 of commercial area space downstairs, ideal for a variety of business needs.
- Situated in the heart of Maryborough, 264 Kent St boasts high visibility and easy access to local amenities, shops, and transport links.
With a solid 10% gross return on investment, this property is an ideal addition to your portfolio.
If you are interested in knowing more about this investment opportunity, please contact our local Commercial Sales and Leasing agent Simon Linnane on 0438 888 832 or email simon.linnane@century21.com.au.

Property History for 264 Kent St, Maryborough, QLD 4650

A timeline of how this property has performed in the market
Last Sold
$336,000
01 Aug 2024
Listed for Rent
$330/w
03 Nov 2023
  • 01 Aug 2024
    Sold for $336,000
  • 24 Jul 2024
    Listed for Sale Under Contract - Offers Over $325,000
  • 01 Nov 2023
    Listed for Rent $330 / week
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About Maryborough 4650

The size of Maryborough is approximately 26.5 square kilometres. It has 45 parks covering nearly 7.5% of total area. The population of Maryborough in 2011 was 15,860 people. By 2016 the population was 15,400 showing a population decline of 2.9% in the area during that time. The predominant age group in Maryborough is 60-69 years. Households in Maryborough are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Maryborough work in a community and personal service occupation. In 2011, 61.3% of the homes in Maryborough were owner-occupied compared with 59.7% in 2016.

Maryborough has 8,398 properties. Over the last 5 years, Houses in Maryborough have seen a 113.32% increase in median value, while Units have seen a 46.40% increase. As at 31 October 2024:

  • The median value for Houses in Maryborough is $428,837 while the median value for Units is $300,397.
  • Houses have a median rent of $468 while Units have a median rent of $330.
There are currently 163 properties listed for sale, and 31 properties listed for rent in Maryborough on OnTheHouse. According to CoreLogic's data, 431 properties were sold in the past 12 months in Maryborough.

Suburb Insights for Maryborough 4650

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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.