OFF MARKET

17 John Vella Drive
Paget QLD 4740

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 857m2
Land area: 2209m2
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Property Details for 17 John Vella Dr, Paget

Building Type
Commercial
Year Built
2009
Floor Size
857m2
Land Size
2209m2
Local Government
Mackay Regional
Lot/Plan
34/SP204878

Last Listing description (November 2020)

Phone enquiries - please quote property ID 14386

17 JOHN VELLA DRIVE, PAGET MACKAY. LOT 34 ON SURVEY PLAN 204878.

This well known, unique building built in 2009, has housed a progressive local business selling tools, welding gear, gas, safety equipment, and work wear. The business was recently purchased by Wesfarmers Industrial and Safety, and continues to trade under Blacksmith Jacks. There are a limited number of buildings in this calibre, as a retail business in the heart of a Mackays premier industrial area. With a fully air-conditioned multi-level showroom, offices, warehouse and plenty of best hardstand and parking, this building would make a solid acquisition to any astute investors portfolio. The mix of showroom/office and warehouse in this location will always make this building a solid investment. The current owners have committed to another business and now are re-locating and need to liquidate the asset for the new investment by June 30 2014. All reasonable offers will be considered.

Tilt Slab construction built in 2009
Land area 2209m2, with two street access able to accept semi-trailers and 17 car parks
Total Lettable area 857m2 consisting of 118 square metres of high clearance ground level air conditioned showroom, 267 square metres of low clearance ground level air conditioned showroom, office and amenities, 193 square metres of air conditioned mezzanine showroom, 75 square metres of mezzanine offices and lunchroom, and 204 square metres of warehouse
Currently tenanted to National Company at $175000.00 + gst + outgoings and are only still in the first year of a new 2 x 3 year lease
Great retail location in the heart of busy Industrial Estate, with plenty of parking, good access, and well known business
This building has been meticulously maintained and is in very good order. Ongoing Air conditioning maintenance contract has been in place from new

Property History for 17 John Vella Dr, Paget, QLD 4740

A timeline of how this property has performed in the market
Last Sold
$1,620,000
04 Aug 2014
  • 01 Sep 2019
    Listed for Sale $1,850,000 Negotiable
  • 19 Apr 2015
    Listed for Sale $1,850,000 Negotiable
  • 04 Aug 2014
    Sold for $1,620,000
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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.
There are currently 6 properties listed for sale, and no properties listed for rent in Paget on OnTheHouse. According to CoreLogic's data, 54 properties were sold in the past 12 months in Paget.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.