OFF MARKET

9 Hobbs Street
Picnic Bay QLD 4819

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 85m2
Land area: 802m2
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Property Details for 9 Hobbs St, Picnic Bay

9 Hobbs St, Picnic Bay is a 3 bedroom, 1 bathroom Unit with 4 parking spaces and was built in 1960. The property has a land size of 802m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
Unit
Year Built
1960
Floor Size
85m2
Land Size
802m2
Local Government
Townsville City
Lot/Plan
12/P9389

Last Listing description (June 2022)

To enquire, please email or call 1300 815 051 and enter code 1172

First time offered for sale in more than twenty years and situated on an 802 square metre corner block in a quiet but convenient pocket of Picnic Bay, these two free-standing houses represent excellent value. The property is on a single title, so there are no body corporate restrictions. In today's tight island rental market, they have the potential to return a combined gross rental of $700 per week or 6% on investment.

Each house fronts a different street Hobbs Street and Birt Street. Being subdivided a century ago, the wide streets have allowed the nature strips to be vegetated, adding a further 200 square metre buffer between the houses and the streets. Vehicle access to both houses is in Birt Street.

Brighton Cottage (fronting Hobbs Street)

Charming Brighton Cottage allows you to step back in time to the Magnetic Island of yesteryear. This louvred former two-bedroom cottage is now a fully air-conditioned, screened and fanned open-plan residence (119 square metres, including garage).

Recently re-stumped and freshly painted inside, it features a Tasmanian oak kitchen, hardwood floors and a modern bathroom. Adjacent to the kitchen is a study nook. Down the back stairs and undercover is the tiled laundry and utilities area opening to the lock-up garage which is secured by a roller door. All in all, this space is a roomy 47 square metres.

At the front of the cottage is a beautifully tiled 20 square metre veranda surrounded by palms and ferns it's a perfect place to relax and enjoy an afternoon drink or barbecue.

Brighton Cottage is being offered fully furnished, and is ready to move in, lease or holiday let.

Three-bedroom House (fronting Birt Street)

This three-bedroom Brunswick green painted house, (122 square metres, including garage) with its distinctive blue garage roller doors, has large windows all around that catch breezes from every direction making it especially cool in the summer months. It is fully screened and fanned.

Three generous sized bedrooms, one with a built-in robe, and a spacious bathroom with toilet, vanity and shower over half-bath, make this a very comfortable tropical home. One bedroom is presently used as a study, but it also has a single bed. The other bedrooms have queen beds. The bathroom features a ceiling to floor storage cupboard.

Like Brighton Cottage, this house has a Tasmanian oak kitchen and hardwood floors. The large kitchen area has a gas cooker and plenty of bench and cupboard space. There's a large refrigerator and chest freezer. The kitchen adjoins the dining area and living room which feature a large dining setting, sofa and entertainment unit.

A spacious laundry, with a double tub and ample wall cupboard space, leads to the small back landing where there's a timber ramp to the backyard with a rotary hoist clothesline. Here there is access to the rear of the single car garage which has loads of storage space.

At the front of the house, a tiled veranda overlooks the garden palms and has views above the trees to the surrounding hills. It's a perfect spot for a morning coffee or afternoon drink.

Notable features

These two houses are furnished and ready to move in immediately but have enormous potential for further improvement.
Most of the infrastructure is in place for the existing automated irrigation system to be reactivated (it was deactivated for the recent re-stumping of Brighton Cottage).
The houses are surrounded by trees and shrubs, so there is an abundance of butterflies and birdlife.
Ample space is available on the block for a pool, a veggie patch and a large rear deck.
The combined undercover garage/utility area of more than 65 square metres is perfect for storing a boat or trailer. This area could be enlarged further by the construction of carports in front of the garages.
Townsville City Council rates of about $3,000 per half-year include double the standard residential water allocation, sewerage fees for both houses, and waste removal from two sets of wheelie bins.
Each house has individual electricity billing.

The Perfect Location in Picnic Bay

A five-minute stroll (just 500 metres) down Granite Street takes you to the sandy, tree-lined Picnic Bay foreshore, historic jetty and eating spots. A short walk in the opposite direction brings you to the island's popular nine-hole golf course.
Close by is the walk to Sail Rock, and Hawking's Point lookout is readily accessible by foot. There is also ready access to the road to Cockle Bay and West Point.
It's just a five-minute drive to Nelly Bay's ferry terminal or a convenient one-minute walk to the bus stop with at least 18 services a day to Nelly Bay, Arcadia and Horseshoe Bay.

Properties with this potential are rare on the island, so to avoid disappointment an early inspection is recommended.

To enquire, please email or call 1300 815 051 and enter code 1172

Property History for 9 Hobbs St, Picnic Bay, QLD 4819

A timeline of how this property has performed in the market
Last Sold
$511,100
29 Apr 2022
  • 29 Apr 2022
    Sold for $511,100
  • 01 Mar 2022
    Listed for Sale $585,000
  • 28 Dec 2000
    Sold for $170,000
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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.

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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.