OFF MARKET

64A Farnborough Road
Meikleville Hill QLD 4703

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1672m2
Land area: 1672m2
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Property Details for 64a Farnborough Rd, Meikleville Hill

Building Type
Commercial
Floor Size
1672m2
Land Size
1672m2
Local Government
Livingstone
Lot/Plan
54/LN1613

Last Listing description (August 2021)

A great asset offering solid returns. The location has ample convenient parking and is certainly one of the best positions in Yeppoon adjacent to Farnborough Beach.
- Net return of $70,500 pa
- Beachside 66 tenancy 29.07.16 - 28.07.21 with 5 year option

- RM Hair tenancy 01.09.17 - 31.08.20 with 2 x 3 year options
- Majority of outgoings paid by tenant
- Well located to service the local and the holiday trade
- Opposite Farnborough Beach
- 1,672sqm parcel of land

Contact Pat to organise and inspection or obtain more information.

Property History for 64a Farnborough Rd, Meikleville Hill, QLD 4703

A timeline of how this property has performed in the market
Last Sold
$850,000
21 May 2021
Listed for Rent
$1.66k/w
22 May 2014
  • 21 May 2021
    Sold for $850,000
  • 08 Dec 2020
    Listed for Sale Offer to Purchase
  • 08 Mar 2017
    Listed for Sale $1,200,000
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About Meikleville Hill 4703

The size of Meikleville Hill is approximately 0.5 square kilometres. It has 2 parks covering nearly 1.8% of total area. The population of Meikleville Hill in 2011 was 467 people. By 2016 the population was 467 showing a stable population in the area during that time. The predominant age group in Meikleville Hill is 50-59 years. Households in Meikleville Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Meikleville Hill work in a professional occupation. In 2011, 54.3% of the homes in Meikleville Hill were owner-occupied compared with 60.6% in 2016.

Meikleville Hill has 309 properties. Over the last 5 years, Houses in Meikleville Hill have seen a 106.14% increase in median value, while Units have seen a 104.70% increase. As at 30 November 2024:

  • The median value for Houses in Meikleville Hill is $753,657 while the median value for Units is $613,000.
  • Houses have a median rent of $443 while Units have a median rent of $340.
There are currently 4 properties listed for sale, and no properties listed for rent in Meikleville hill on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Meikleville hill.

Suburb Insights for Meikleville Hill 4703

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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.