SOLD
Sold on 27 Nov 2023 for $950,000

19/19 Torquay Road
Pialba QLD 4655

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 260m2
Land area: 776m2
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Property Details for 19/19 Torquay Rd, Pialba

Building Type
Commercial
Floor Size
260m2
Land Size
776m2
Local Government
Fraser Coast Regional
Lot/Plan
19/SP225556

Last Listing description (November 2023)

Don't miss this excellent investment opportunity with an 11% net return and a long term lease in place.

This 253m2 office suite located in the Signature Building on Torquay Road is leased to an Ophthalmologist till December 2028.

Situated on the 1st floor these premises feature reception and waiting room, several consultation rooms, staff room with kitchen, ducted air-conditioning, and carpet.

The complex features multilevel car parking, lift and 24-hour secure access.

Priced at $950,000 going concern, contact Exclusive Marketing Agents Century 21 Commercial Hervey Bay on 07 4124 0224 for more information or to arrange an inspection.

Property History for 19/19 Torquay Rd, Pialba, QLD 4655

A timeline of how this property has performed in the market
Last Sold
$950,000
27 Nov 2023
Listed for Rent
04 Dec 2017
  • 27 Nov 2023
    Sold for $950,000
  • 13 Nov 2023
    Listed for Sale UNDER CONTRACT/OFFER
  • 19 Sep 2017
    Listed for Rent - Price not available
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About Pialba 4655

The size of Pialba is approximately 4.9 square kilometres. It has 13 parks covering nearly 20.2% of total area. The population of Pialba in 2011 was 3,527 people. By 2016 the population was 3,681 showing a population growth of 4.4% in the area during that time. The predominant age group in Pialba is 60-69 years. Households in Pialba are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Pialba work in a community and personal service occupation. In 2011, 47.4% of the homes in Pialba were owner-occupied compared with 49.4% in 2016.

Pialba has 3,033 properties. Over the last 5 years, Houses in Pialba have seen a 101.49% increase in median value, while Units have seen a 95.33% increase. As at 31 August 2024:

  • The median value for Houses in Pialba is $603,114 while the median value for Units is $488,072.
  • Houses have a median rent of $575 while Units have a median rent of $480.
There are currently 49 properties listed for sale, and 30 properties listed for rent in Pialba on OnTheHouse. According to CoreLogic's data, 187 properties were sold in the past 12 months in Pialba.

Suburb Insights for Pialba 4655

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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.