OFF MARKET

2 Platinum Court
Paget QLD 4740

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 466m2
Land area: 2283m2
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Property Details for 2 Platinum Ct, Paget

Building Type
Commercial
Year Built
2006
Floor Size
466m2
Land Size
2283m2
Local Government
Mackay Regional
Lot/Plan
584/SP185560

Last Listing description (March 2014)

Warehouse for sale in Mackay's Premier Industrial Area
Owner/Operators - this one is ready to move in and make 2014 the year to have your own premises in an ideal location. Vacant possession of this building means you can move in as soon as you are ready.
Currently zoned Warehouse and Distribution, this building would suit a transport, warehouse, storage or distribution business straight off the bat, with its two street access, able to accept B doubles, huge 1815m2 of concreted hardstand suitable for unloading trucks, dropping shipping containers or a laydown area. With a fully air-conditioned showroom/office, high clearance warehouse and plenty of best hardstand and parking, this building would make a solid acquisition to any astute investor's portfolio. The office has recently had new carpets laid and is in mint condition. The mix of showroom/office, warehouse and the huge hardstand area in this location will always make this building a solid investment. The current owners have recently sold their business to a national company and now are re-locating and need the capital for further investments in their new location.

Tilt Slab construction built in 2006 with a high clearance warehouse and air conditioned office/showroom
Land area - 2283m2, with two street access able to accept semi-trailers/B doubles and 9 car parks on a corner block gives this building great street appeal and flexibility.
Total Lettable area - 466m2 - consisting of 345 square metres of high clearance warehouse with multiple access from 3 roller doors, 121 square metres air conditioned showroom/office and amenities with fresh floor coverings and a light airy outlook, capped off with a massive 1815m2 of fully concreted hardstand suitable for trucks unloading or laydown area.
Currently vacant possession, however rental appraisal comes in at $110000.00 pa + gst (giving an investor a 9% return on investment).
Great location in the heart of busy Industrial Estate, with plenty of parking, good access, huge hard stand area and plenty of frontage with its corner block location and two street access.

Property History for 2 Platinum Ct, Paget, QLD 4740

A timeline of how this property has performed in the market
Last Sold
$1,210,000
21 Jul 2015
Listed for Rent
$2.30k/w
02 Jul 2013
  • 21 Jul 2015
    Sold for $1,210,000
  • 21 Jan 2014
    Listed for Sale $1,295,000 + GST (IF APPLICABLE)
  • 08 Nov 2013
    Sold for $1,250,000
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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 878 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 7 properties listed for sale, and no properties listed for rent in Paget on OnTheHouse. According to CoreLogic's data, 53 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.