14 Caterpillar DrivePaget QLD 4740
Property Details for 14 Caterpillar Dr, Paget
Last Listing description (July 2015)
Great opportunity to secure a prime Mackay Investment. Tenanted by Harvey Norman, the property is central to the Mackay Commercial and Industrial precinct. Recently excising a new three year option the tenant has been the sole occupier of the property since its construction in 2007. Net annual rental $275,000 + outgoings + GST Good return and a strong lease adds to an excellent long term investment.
For further information please contact the agents listed.
Ref: 6130088 / SB & JM
Property History for 14 Caterpillar Dr, Paget, QLD 4740
- 15 Jun 2015Listed for Sale Price Upon Application
- 29 Jun 2007Sold for $294,937
- 24 Jan 2007Sold for $607,563
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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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