OFF MARKET

20 Picnic Street
Picnic Bay QLD 4819

Bedrooms: 8
Bathrooms: 3
Car spaces: -
Floor area: 152m2
Land area: 2529m2
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Property Details for 20 Picnic St, Picnic Bay

20 Picnic St, Picnic Bay is a 8 bedroom, 3 bathroom House and was built in 1950. The property has a land size of 2529m2 and floor size of 152m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Year Built
1950
Floor Size
152m2
Land Size
2529m2
Local Government
Townsville City
Lot/Plan
2/P9388

Last Listing description (October 2022)

Are you looking for a home or holiday home with income on the side? This 1012m2 lot consists of a three bedroom character house plus two tenanted units, with the units alone currently producing $620 weekly rental income. If you are looking for a straight investment, letting the house could produce $1000+ total weekly income. All on one title, there is the potential to sub-divide into two properties of 506m2 each approx, subject to council approval of course.

Just 150m from the beach, this is the ideal location, close to National Park, the surf club & year-round swimming beach and the pub.

Being offered 'as is', this property would suit someone looking for a bit of a project - whilst liveable as is, it is an older property (pre-1970) that is showing its age and after years of tenancies, could do with some TLC.

20 Picnic St is a 3 bedroom house with hardwood floors, high ceilings and lots of windows providing a light and airy feel. The main bedroom is large with a box air con, bedrooms 2 & 3 are on the small side, one due to large built-in-robes having been added. The living space is large with an additional area between the front door and main bedroom that would make a lovely home office or craft room with its nice outlook over the treed reserve across the road. The bathroom and laundry are at the back of the house which opens out into the back yard which has lots of potential, stepping down to a seasonal creek.

1/22 Picnic St is an upstairs unit currently let at $300 per week to March 2023. Also featuring hardwood floors and high ceilings, this unit is also bright and breezy. The main bedroom is a good size at the front of the unit with built-in-robes. The second bedroom is in the middle of the unit just off the lounge and there's a potential third bedroom just off the kitchen, with built-in-robes but currently not fully partitioned off. The kitchen has been renovated and has vinyl plank flooring, whilst the laundry and bathroom are at the back of the unit, which opens up to a small deck with the washing line and views to the hills behind.

2/22 Picnic St is the downstairs unit, currently let at $320 per week to May 2023. This unit has three bedrooms, all with built-in-wardrobes, accessed straight off the living area which runs to the kitchen at the back of the unit off which is the bathroom. There's a good-sized back yard with a paved patio area.

Contact Alex to arrange a private inspection by appointment.

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: 1363

Property History for 20 Picnic St, Picnic Bay, QLD 4819

A timeline of how this property has performed in the market
Last Sold
$700,000
24 Oct 2022
Listed for Rent
$260/w
29 Jul 2019
  • 24 Oct 2022
    Sold for $700,000
  • 23 Aug 2022
    Listed for Sale $695,000
  • 08 Feb 2021
    Sold for $465,000
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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 383 properties. Over the last 5 years, Houses in Picnic Bay have seen a 81.62% increase in median value, while Units have seen a 36.18% increase. As at 31 October 2024:

  • The median value for Houses in Picnic Bay is $590,769 while the median value for Units is $465,578.
  • Houses have a median rent of $275 while Units have a median rent of $250.
There are currently 3 properties listed for sale, and 1 property listed for rent in Picnic bay on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Picnic bay.

Suburb Insights for Picnic Bay 4819

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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.