OFF MARKET

80 Picnic Street
Picnic Bay QLD 4819

Bedrooms: 6
Bathrooms: 3
Car spaces: 4
Land area: 1012m2
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Last updated 16 Sep 2024
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Property Details for 80 Picnic St, Picnic Bay

80 Picnic St, Picnic Bay is a 6 bedroom, 3 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
BlockOfUnits
Land Size
1012m2
Local Government
Townsville City
Lot/Plan
306/P9381

Last Listing description (September 2023)

This block of three units is ideally placed, in an elevated section of Picnic St, close to the beautiful Hawkings point lookout trail and the beach.

Each unit comprises two bedrooms, bathroom (shower, toilet and vanity), internal laundry, kitchen and living/dining. The front two units are neat and tidy with modern flooring, paint and split system air con to the living areas. The back unit remains unrenovated and is not pictured as the tenant has been there a long time and has a lot of personal belongings in it, but is of a similar size and layout to the others and holds the most potential as it enjoys more privacy and a large backyard patio area.

The 1012m2 lot has all town services - power (individually metered to each unit), water and sewer, with a large carport across the front of the property allowing parking for 4 vehicles undercover. There's garden to the left (western side) of the building which may allow side driveway access to the backyard.

The tenant in unit 1 (front) will soon be moving out, allowing a purchaser the option to either re-let the unit or retain it for personal use, whilst the income from the two rear units can be ongoing.

Picnic Bay is a peaceful and very picturesque bay, popular for a spot of fishing on the jetty, a game of golf on the beautiful golf course, or a short hike up to the Sail Rock and Hawkings Point lookouts on either side of the bay. Enjoy a drink at the pub or the microbrewery along with a pizza from the famous Mamma Romas.

Contact Alex for more information or to arrange an inspection.

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: 1443

Property History for 80 Picnic St, Picnic Bay, QLD 4819

A timeline of how this property has performed in the market
Last Sold
$700,000
11 Sep 2023
  • 25 Aug 2023
    Sold for $700,000
  • 23 May 2023
    Listed for Sale $775,000
  • 04 Aug 2022
    Sold for $600,000
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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 378 properties. Over the last 5 years, Houses in Picnic Bay have seen a 66.12% increase in median value, while Units have seen a 4.35% increase. As at 31 August 2024:

  • The median value for Houses in Picnic Bay is $509,836 while the median value for Units is $378,730.
  • Houses have a median rent of $275 while Units have a median rent of $250.
There are currently 4 properties listed for sale, and no properties listed for rent in Picnic bay on OnTheHouse. According to CoreLogic's data, 10 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.