101 Campbell StreetOakey QLD 4401
Property Details for 101 Campbell St, Oakey
Last Listing description (November 2024)
If you're looking for a Commercial property that ticks all your investment boxes, then this property is most definitely worth a closer look! Located within Oakeys Central Business District, 101 Campbell Street presents the astute investor, or developer, with the opportunity to secure an exceptional office holding within the heart of the Toowoomba Region. With a population of approx. 190,000*, the Toowoomba Region is undoubtedly one of the most desirable regional markets in Queensland.
This asset offers the following key attributes:
- Long term lease inclusive of option to Queensland Government Accommodation Office on behalf of the Condamine Electoral Office
- Modern fit out incorporating reception, boardroom, Members office, reception, staff work areas, Strongroom, printer room, kitchen & bathrooms
- Two street access with main street frontage
- Wheelchair access via lift
- Land area of 1,113 m2* providing for future development
- Freehold title
- Potential gross return on investment is 9.12%* excluding GST
Oakey is ideally positioned less than 30 minutes' drive* from the Toowoomba CBD, 15 minutes* from the Charlton Wellcamp Industrial Precinct and 15 minutes* from Toowoomba Wellcamp (International) Airport, the home of Qantas Pilot Training School & future home of the MQ-28 Ghost Bat fighter drone manufacturing.
Oakey is home to significant defence infrastructure, two meat processing plants, a stock feed mill and has its own gas power station delivering reliable power during periods of peak demand. A solar power plant has also been developed just outside of Oakey. Oakey could be considered the gateway to the resource rich Surat Basin with coal mining operating in the surrounding area. The planned infrastructure projects and attractive property prices provide the perfect opportunity to establish a competitive business of any scale.
Inspections by appointment only. Call Leeanne or George of Westgarth Realty on 07 4630 1161
*Approximately
Property History for 101 Campbell St, Oakey, QLD 4401
- 02 Sep 2024Sold for $460,000
- 26 Jun 2024Listed for Sale SOLD by Westgarth Realty
- 21 Jun 1989Sold for $155,000
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0About Oakey 4401
The size of Oakey is approximately 127 square kilometres. It has 9 parks covering nearly 0.6% of total area. The population of Oakey in 2011 was 4,528 people. By 2016 the population was 4,721 showing a population growth of 4.3% in the area during that time. The predominant age group in Oakey is 10-19 years. Households in Oakey are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Oakey work in a labourer occupation. In 2011, 62.7% of the homes in Oakey were owner-occupied compared with 60.4% in 2016.
Oakey has 2,278 properties. Over the last 5 years, Houses in Oakey have seen a 114.66% increase in median value, while Units have seen a 44.90% increase. As at 31 October 2024:
- The median value for Houses in Oakey is $448,256 while the median value for Units is $332,923.
- Houses have a median rent of $400 while Units have a median rent of $300.
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