53 Tenth AvenueRailway Estate QLD 4810
Property Details for 53 Tenth Ave, Railway Estate
Last Listing description (February 2024)
Townsville locals will recognize this long-standing Railway Estate establishment at first glance.
This well-maintained, freestanding commercial building has long operated as a corner store but could be easily adapted to a variety of different commercial uses including:
hair or beauty salon
cafe
delicatessen
small restaurant
tattoo studio
retail
+ Many more
Features include:
Fully air-conditioned 'corner store' building of 118 sqm
1 bedroom apartment including dedicated kitchen, bathroom, laundry and rear deck
3 bay enclosed carport of 90 sqm
Land area 647 sqm
Corner site with great exposure
Surplus land for further development
Solar system installed which is subject to a lease agreement with the provider
Flood free
For more information or to arrange an inspection, please contact marketing agents Ray White Commercial.
Property History for 53 Tenth Ave, Railway Estate, QLD 4810
- 15 Dec 2023Sold for $325,000
- 04 Dec 2023Listed for Sale $349,000
- 09 Nov 2016Listed for Sale Price reduced to $340,000
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0About Railway Estate 4810
The size of Railway Estate is approximately 4 square kilometres. It has 9 parks covering nearly 14.3% of total area. The population of Railway Estate in 2011 was 2,956 people. By 2016 the population was 2,846 showing a population decline of 3.7% in the area during that time. The predominant age group in Railway Estate is 20-29 years. Households in Railway Estate are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Railway Estate work in a professional occupation. In 2011, 54.5% of the homes in Railway Estate were owner-occupied compared with 55% in 2016.
Railway Estate has 1,775 properties. Over the last 5 years, Houses in Railway Estate have seen a 72.59% increase in median value, while Units have seen a 28.84% increase. As at 31 July 2024:
- The median value for Houses in Railway Estate is $496,999 while the median value for Units is $332,066.
- Houses have a median rent of $480 while Units have a median rent of $350.
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