35 Maggiolo DrivePaget QLD 4740
Property Details for 35 Maggiolo Dr, Paget
Last Listing description (October 2020)
Colliers International have been appointed selling agents for this high quality investment located at 45-51 Maggiolo Drive, Paget. Located approximately 5km south of the Mackay CBD and approximately 2.5km from the Mackay Airport, the property provides the following features:
Secure lease to international tenant BOC Limited
Modern full concrete tilt panel construction
Full drive around and two street access
Substantial concrete hardstand
Currently returning $581,611 per annum net
Fixed minimum 3.5% annual reviews
Located within Queenslands major mining and resources hub
For further information or to arrange an inspection please contact Colliers today.
Highlights:
* Low Site Coverage
* High Yeilding
* Purpose Built in 2007
Property History for 35 Maggiolo Dr, Paget, QLD 4740
- 16 Oct 2020Listed for Sale $6,100,000
- 09 Sep 2011Sold for $6,850,000
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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.
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