Commercial Property Investment tenanted to national REPCO Australia
REMAX Commercial are pleased to present to the market this tenanted investment opportunity consisting of a freeshold building tenanted to REPCO, the largest auto parts and car accessories retailer in Australia.
The property features the key strengths outlined below:
Under Contract
Disclaimer:
The Agent does not give any warranty as to errors or omissions, if any, in these particulars, the provided information from the seller can be deemed reliable but not accurate. Any persons interested in the property should conduct their own research.
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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:
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