35 Main StreetProserpine QLD 4800
Property Details for 35 Main St, Proserpine
Last Listing description (November 2010)
Shopping Arcade with Excellent % Returns - Has Strata Title Potential.
Centre Point Arcade has a central position in the Proserpine CBD and is located opposite a busy pedestrian crossing. The arcade is on the edge of the new proposed development site for the IGA Supermarket and Shopping Centre.
Fully tenanted (leases in place)
Shop 5/35 Main St, $872.00 - 42m plus 6.85m of public arcade
Shop 6/35 Main St, $1,608.17 - 137m plus 22.49m of public arcade
Toilet facility - 13m approximately
Land area 641m
Off street parking, two street frontage and convenient to council car park
Approximately 9% return
Costings have been researched by the vendor for potential strata title of up to six individual shops. With two major housing developments approved and under construction, the population is set for sharp growth. This is sure to have an effect on the demand of commercial sites and bring upward pressure on rents and prices of commercial property. Call now to arrange your personalised inspection!
Property History for 35 Main St, Proserpine, QLD 4800
- 15 Mar 2024Sold for $600,000
- 15 Oct 2015Listed for Sale Not Disclosed
- 14 Apr 2015Listed for Rent - Price not available
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0About Proserpine 4800
The size of Proserpine is approximately 23.4 square kilometres. It has 10 parks covering nearly 2.1% of total area. The population of Proserpine in 2011 was 3,390 people. By 2016 the population was 3,558 showing a population growth of 5.0% in the area during that time. The predominant age group in Proserpine is 50-59 years. Households in Proserpine are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Proserpine work in a trades occupation. In 2011, 57.7% of the homes in Proserpine were owner-occupied compared with 59.5% in 2016.
Proserpine has 1,911 properties. Over the last 5 years, Houses in Proserpine have seen a 89.77% increase in median value, while Units have seen a 86.85% increase. As at 31 October 2024:
- The median value for Houses in Proserpine is $475,851 while the median value for Units is $317,594.
- Houses have a median rent of $600 while Units have a median rent of $350.
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