SOLD
Sold on 25 Jun 2024 for $520,000

11 Butler Street
Picnic Bay QLD 4819

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Land area: 607m2
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Property Details for 11 Butler St, Picnic Bay

11 Butler St, Picnic Bay is a 5 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 607m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 5 bedroom Unit sold in Picnic Bay in the last 12 months.

Building Type
Unit
Land Size
607m2
Local Government
Townsville City
Lot/Plan
6/P93821

Last Listing description (August 2024)

Backing onto National Park in peaceful Picnic Bay, this location is ideal, with the walkway to Nelly Bay at the end of the road. It's also an easy walk to beautiful Rocky Bay and Picnic Bay beachfront with its pub, restaurants, year-round swimming and jetty.

The 3 units are all tenanted as follows:

Unit 1 (1 Bedroom - front, upstairs) $250 per week to April 2025

Unit 2 (2 bedroom, middle) $300 per week to April 2025

Unit 3 ( 2 bedroom, rear) $300 per week to March 2025

Council rates approx $8,700 p.a including 3 x mains sewer charges and 3 x standard water plan which includes 772KL water per unit p.a.

The owner has commissioned an independent building report which we would encourage all buyers to please read prior to arranging inspections so as not to unduly disturb tenants. Please send an enquiry to receive the report via email. The property is old and was built to last but would benefit from some fairly substantial renovations.

There are three undercover carports at the front of the property above which is unit 1 with stair access on both sides of the building. The small balcony at the front door enjoys a lovely view up to Hawkings Point. The living/dining/kitchen has a split system air con but is otherwise in need of an update, however, the current tenant has been happily living there for years and finds it perfectly comfortable! The bedroom is a good size and has a nice elevated view out over Picnic Bay through the louvre windows, with a box air con, ceiling fan and built-in-robe. The bathroom/laundry is in original condition and opens to the back steps and garden.

The middle unit 2 is a light and airy two bedroom unit with a pleasant courtyard garden on one side, also looking up to Hawkings Point, with rear access also from the kitchen/laundry. The living area has a modern split system air con and there's a box air con to one of the bedrooms, which both have big windows and built-in-wardrobes. The bathroom and separate toilet enjoy natural light from skylights, as with unit 3 also, with a shower over bathtub.

The rear unit feels tucked away in the National Park surrounding it and is similar in features to unit 2, also two bedroom, one bathroom.

Please contact Alex for further information or to arrange inspections.

This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary.

Property Code: 1490

Property History for 11 Butler St, Picnic Bay, QLD 4819

A timeline of how this property has performed in the market
Last Sold
$520,000
25 Jun 2024
Listed for Rent
$160/w
16 May 2007
  • 25 Jun 2024
    Sold for $520,000
  • 28 Mar 2024
    Listed for Sale Not Disclosed
  • 02 Oct 2023
    Listed for Sale Not Disclosed
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About Picnic Bay 4819

The size of Picnic Bay is approximately 4.1 square kilometres. It has 5 parks covering nearly 77.8% of total area. The population of Picnic Bay in 2011 was 335 people. By 2016 the population was 282 showing a population decline of 15.8% in the area during that time. The predominant age group in Picnic Bay is 60-69 years. Households in Picnic Bay are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Picnic Bay work in a professional occupation. In 2011, 50.3% of the homes in Picnic Bay were owner-occupied compared with 50.3% in 2016.

Picnic Bay has 380 properties. Over the last 5 years, Houses in Picnic Bay have seen a 88.88% increase in median value, while Units have seen a 135.15% increase. As at 30 November 2024:

  • The median value for Houses in Picnic Bay is $614,494 while the median value for Units is $803,977.
  • Houses have a median rent of $303 while Units have a median rent of $250.
There are currently 2 properties listed for sale, and no properties listed for rent in Picnic bay on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Picnic bay.

Suburb Insights for Picnic Bay 4819

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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.