SOLD
Sold on 06 Sep 2024 for $480,000

10/49 Bolsover Street
Rockhampton City QLD 4700

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 230m2
Land area: 188m2
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Property Details for 10/49 Bolsover St, Rockhampton City

Building Type
Commercial
Floor Size
230m2
Land Size
188m2
Local Government
Rockhampton Regional
Lot/Plan
10/BUP60149

Last Listing description (September 2023)

Suite 8 with a floor area of 84m2 and suite 10 with a floor area of 104m2 are presently leased as one unit. These units can be sold separately with Unit 8 at $249,000 and Unit 10 at 295,000.
Located in a prime modern office building know as Tannachy House and located in busy Bolsover Street between the two Rockhampton River bridges. This LARGE quality office has an excellent and functual fit out that features a large open plan reception/work station area/ training or conference area, 4 offices, 2 store rooms, an excellent lunch room,separate private male toilet and 2 female toilets - The complex also has serviced communal toilets.
This office has excellent ducted air conditioning, good carpets and good paint work.

This Office comes complete with a rear entrance directly to the car park and ther is one car space attached to each of these 2 units..
These 2 units are presently leased to one quality tenant paying $28,000 per annum making this a great passive investment with a solid return and potential for capital growth..
Surrounded by high quality tenants and the large free Rockhampton Regional Council car park next door this Office is always attractive to commercial tenants and has an excellent occupancy history.
UNIT 8
Rockhampton Regional Council Rates are $1,765.60 per half year
Body Corporate fees Admin Fund are $682.29 each 3 months
Body Corporate fees Sinking Fund are $238.33 each 3 months
UNIT 10
Rockhampton Regional Council Rates are $2840.20 per half year
Body Corporate fees Admin Fund are $682.29 each 3 months
Body Corporate fees Sinking Fund are $238.33 each 3 months
These Body Coroprate fees also cover building Insurance.

Property History for 10/49 Bolsover St, Rockhampton City, QLD 4700

A timeline of how this property has performed in the market
Last Sold
$480,000
06 Sep 2024
Listed for Rent
$632/w
09 Nov 2016
  • 06 Sep 2024
    Sold for $480,000
  • 21 Nov 2021
    Listed for Sale $525,000
  • 30 May 2016
    Listed for Rent $18,000 / year
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About Rockhampton City 4700

The size of Rockhampton City is approximately 2.5 square kilometres. It has 8 parks covering nearly 5.6% of total area. The population of Rockhampton City in 2011 was 2,244 people. By 2016 the population was 1,954 showing a population decline of 12.9% in the area during that time. The predominant age group in Rockhampton City is 50-59 years. Households in Rockhampton City are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rockhampton City work in a professional occupation. In 2011, 41.4% of the homes in Rockhampton City were owner-occupied compared with 41.1% in 2016.

Rockhampton City has 2,251 properties. Over the last 5 years, Houses in Rockhampton City have seen a 104.67% increase in median value, while Units have seen a 109.88% increase. As at 31 October 2024:

  • The median value for Houses in Rockhampton City is $323,451 while the median value for Units is $597,924.
  • Houses have a median rent of $430 while Units have a median rent of $360.
There are currently 32 properties listed for sale, and 16 properties listed for rent in Rockhampton city on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Rockhampton city.

Suburb Insights for Rockhampton City 4700

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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.