OFF MARKET

53 Central Park Drive
Paget QLD 4740

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2454m2
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Property Details for 53 Central Park Dr, Paget

Building Type
Commercial
Land Size
2454m2
Local Government
Mackay Regional
Lot/Plan
567/SP197322

Last Listing description (December 2022)

- Prime location on busy Central Park Drive
- Four Spacious Tenancies
- Top Quality Tenants

- Practical Tenancy Designs
- Corner Position with off street parking
- Zoned Industry
- Located adjacent to other Quality Business's
- Off Street Parking
Building Replacement Cost Estimate in Excess of $3,500,000

Total Building Area 1183 m2
Tenancy 1 - 340m2
Tenancy 2 - 281m2
Tenancy 3 - 281 m2
Tenancy 4 - 281 m2

Net Return $181,252.98 with upside
Yield Year 1: 6.04%
Year 2: 6.4%

To secure this quality property call Greg Smith today on 0413 054 742.

Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Property History for 53 Central Park Dr, Paget, QLD 4740

A timeline of how this property has performed in the market
Last Sold
$2,850,000
16 Nov 2022
Listed for Rent
$30k/w
13 Dec 2019
  • 16 Nov 2022
    Sold for $2,850,000
  • 14 Oct 2022
    Listed for Sale $3,000,000
  • 27 Sep 2022
    Listed for Sale Contact agent
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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, 53 properties were sold in the past 12 months in Paget.

Suburb Insights for Paget 4740

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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.