16/16 Transport AvenuePaget QLD 4740
Property Details for 16/16 Transport Ave, Paget
Last Listing description (September 2015)
This modern light industrial premises located in prestigious NEXUS Business Park complex comes with a tenant and returns a net rent of $33,000 per annum under a 3 year lease with an additional 3 years option. Commercial investments at this low entry level price of $375,000 are a rare find and would suit the traditional residential investor looking for better yields and a diversified portfolio.
The property offers the following features :
Warehouse & Office of 170 Sqm .
Balcony with garden views & natural light
Amenities and kitchenette
2 exclusive carparks
Access to warehouse through 5m high roller door.
2009 Modern concrete tilt slab panel building.
Disclaimer; The Agent does not give any warranty as to errors or omissions, if any, in these particulars, the provided information can be deemed reliable but not accurate. Any persons interested in the property should conduct their own research.
Property History for 16/16 Transport Ave, Paget, QLD 4740
- 27 Jul 2015Sold for $345,000
- 12 Feb 2015Listed for Sale $375,000 PLUS GST
- 04 Apr 2006Sold for $399,399
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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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