12/16 Transport AvenuePaget QLD 4740
Property Details for 12/16 Transport Ave, Paget
Last Listing description (October 2023)
Affordable TENANTED Investment Property - Training facility office
Mackay City Property Commercial are pleased to present to the market this 204 m2 office leased to a registered training organisation.
Key features as outlined below:
YIELD - NET RENTAL INCOME $32,400 pa - 3 YEAR LEASE + Options
Tenant - Downunder Training & Consulting, registered training organisation, est.1998
Building NLA 204 m2* with an office fitout
Office fitout comprises 3 training rooms, 3 offices, reception & amenities
Nexus business park 2009 Modern concrete tilt slab panel building
Zoning Low Impact Industry
Contact the marketing agent to request an Information Memorandum.
Disclaimer:
The Agent does not give any warranty as to errors or omissions, if any, in these particulars, the provided information from the Vendor can be deemed reliable but not accurate. Any persons interested in the property should conduct their own research.
Property History for 12/16 Transport Ave, Paget, QLD 4740
- 28 Jul 2023Sold for $390,000
- 02 Jun 2023Listed for Sale $405,000 (8% Yield)
- 13 Mar 2008Sold for $341,000
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About Paget 4740
The size of Paget is approximately 14.1 square kilometres. It has 11 parks covering nearly 6% of total area. The population of Paget in 2011 was 360 people. By 2016 the population was 291 showing a population decline of 19.2% in the area during that time. The predominant age group in Paget is 50-59 years. Households in Paget are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Paget work in a machinery operators and drivers occupation. In 2011, 62.4% of the homes in Paget were owner-occupied compared with 44.6% in 2016.
Paget has 879 properties. Over the last 5 years, Houses in Paget have seen a 61.76% increase in median value, while Units have seen a 137.26% increase. As at 31 October 2024:
- The median value for Houses in Paget is $494,065 while the median value for Units is $398,578.
- Houses have a median rent of $48,000 while Units have a median rent of $420.
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