369 Yaamba RoadPark Avenue QLD 4701
Property Details for 369 Yaamba Rd, Park Avenue
Last Listing description (November 2023)
New to the market this tier one tenanted Service Station is positioned in North Rockhampton on a major road with high traffic flow and excellent frontage on a corner allotment.
The asset has been owned by the same family for more than 50 years.
With a long established clientele and excellent exposure to Yaamba Rd this asset has enjoyed strong returns over the years.
Lease to January 2025
Option 1x 5 years.
Land Area 2422m2 (subject to survey)
RPD L12-14 RP606374
Dev Zone G07, Special Feature
Rockhampton Regional Council
Property History for 369 Yaamba Rd, Park Avenue, QLD 4701
- 16 Feb 2024Sold for $1,880,000
- 20 Sep 2023Listed for Sale $2,700,000
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0About Park Avenue 4701
The size of Park Avenue is approximately 4.6 square kilometres. It has 6 parks covering nearly 12% of total area. The population of Park Avenue in 2011 was 5,366 people. By 2016 the population was 5,089 showing a population decline of 5.2% in the area during that time. The predominant age group in Park Avenue is 20-29 years. Households in Park Avenue are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Park Avenue work in a trades occupation. In 2011, 60.3% of the homes in Park Avenue were owner-occupied compared with 61.8% in 2016.
Park Avenue has 2,665 properties. Over the last 5 years, Houses in Park Avenue have seen a 104.70% increase in median value, while Units have seen a 62.65% increase. As at 31 October 2024:
- The median value for Houses in Park Avenue is $419,433 while the median value for Units is $370,965.
- Houses have a median rent of $480 while Units have a median rent of $340.
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