40 Main StreetPalmwoods QLD 4555
Property Details for 40 Main St, Palmwoods
Last Listing description (November 2023)
Samuel Hoy from and David Goldsworthy from Ray White Commercial Northern Corridor Group are excited to offer 40-42 Main Street, Palmwoods to the market. Situated walking distance to all local amenities, the property has undergone a renovation to convert the residential dwelling to a highly functional office for Global Training Institute of Australia. Benefiting from flexible Local Centre Zoning, the asset lends itself to multiple uses and future development (STCA)^.
FEATURES:
New 3 year lease with 2 x 3 year options
$73,596 P/A + outgoings + GST
Mix of open plan and private offices with excellent natural light
13kw solar system
External camera and home security system
Internal and external staff breakout areas
Full kitchen facilities
For further information, contact Samuel Hoy or David Goldsworthy from Ray White Commercial Northern Corridor Group.
^subject to council approval
Property History for 40 Main St, Palmwoods, QLD 4555
- 05 Oct 2023Sold for $1,150,000
- 13 Mar 2023Listed for Sale Contact Agent
- 27 Aug 2014Sold for $334,700
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About Palmwoods 4555
The size of Palmwoods is approximately 23.9 square kilometres. It has 24 parks covering nearly 4.7% of total area. The population of Palmwoods in 2011 was 5,491 people. By 2016 the population was 5,660 showing a population growth of 3.1% in the area during that time. The predominant age group in Palmwoods is 10-19 years. Households in Palmwoods are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palmwoods work in a professional occupation. In 2011, 74.2% of the homes in Palmwoods were owner-occupied compared with 75.8% in 2016.
Palmwoods has 3,013 properties. Over the last 5 years, Houses in Palmwoods have seen a 82.23% increase in median value, while Units have seen a 80.24% increase. As at 30 September 2024:
- The median value for Houses in Palmwoods is $996,110 while the median value for Units is $702,106.
- Houses have a median rent of $668 while Units have a median rent of $550.
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