SOLD
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Sold on 20 Oct 2024 for $340,000

32 Queen Street
Oakey QLD 4401

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 234m2
Land area: 1012m2
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Property Details for 32 Queen St, Oakey

Building Type
Commercial
Floor Size
234m2
Land Size
1012m2
Local Government
Toowoomba Regional
Lot/Plan
16/RP4296

Last Listing description (October 2024)

Available for sale, or lease @ $2490.00 (Ex GST) per month, and surrounded by a raft of other industrial businesses the premises have previously been used as a bus depot and to store earth moving machinery. Toowoomba Regional Council zoning may allow for other uses subject to approval. The current infrastructure includes two large sheds, total of 234 m2, with power & town water.
- Shed 1 is a 12m x 12m shed with wheel chair access toilet and large turning sealed access
- Shed 2 is a 9m x 10m shed including 15amp exterior power points plus rain water tank

- Fully furnished air conditioned office and lunch room in Shed 2
- Plus a 6m Storage container included
- Total land area of 1012 m2
Six monthly council rates for the period 01 Jan 2024 to 30 Jun 2024 were:
- Rates & Charges = $1256.15 net
- Water Infrastructure = $346.81

Also offered for lease @ $2490.00 (Ex GST) per month
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.

Be quick to call Westgarth Realty on 07 4630 1161 for an inspection or further information.

*Approximately

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.

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Property History for 32 Queen St, Oakey, QLD 4401

A timeline of how this property has performed in the market
Last Sold
$340,000
20 Oct 2024
Listed for Rent
$7.19k/w
06 Nov 2024
  • 20 Oct 2024
    Sold for $340,000
  • 14 Aug 2024
    Listed for Sale SOLD by Westgarth Realty
  • 14 Aug 2024
    Listed for Rent - Price not available
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About 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 2,276 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.
There are currently 34 properties listed for sale, and 2 properties listed for rent in Oakey on OnTheHouse. According to CoreLogic's data, 114 properties were sold in the past 12 months in Oakey.

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Leeanne Westgarth
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George Westgarth
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Westgarth Realty Pty Ltd
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