60 Philip StreetSun Valley QLD 4680
Property Details for 60 Philip St, Sun Valley
Last Listing description (April 2022)
5 Year lease with options to 2041
Fixed annual increases assuring growth
Tenant pays outgoings as per lease
+ 5 year lease to September 2026
+ 3 x 5 year options through to 2041
+ Favourable net lease structure, with tenant paying 100% of outgoings as per lease, excluding land tax
+ Annual uncapped CPI rental adjustments
+ Large 817sqm site on major arterial road, adjacent to a busy fuel and supermarket
+ One of only 3 vets in Gladstone servicing a population of circa 63,000
+ The current vets have been occupation and practicing for over 20 years
+ Located at the intersection of Philip Street and Glenlyon Road, which is exposed to over 10,000 vehicles daily
+ Vets Central - One of Australia's leading vet partners, providing support to deliver world class veterinary services
+ Gladstone - Major Central Queensland city with a population of over 63,000 and forecast to grow to over 75,000 by 2041
+ Net Income $50,225 pa + GST + Outgoings
Property History for 60 Philip St, Sun Valley, QLD 4680
- 16 May 2024Sold for $850,100
- 31 Mar 2022Sold for $820,000
- 03 Mar 2022Listed for Sale Price on Request
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0About Sun Valley 4680
The size of Sun Valley is approximately 1.1 square kilometres. It has 4 parks covering nearly 21.8% of total area. The population of Sun Valley in 2011 was 1,468 people. By 2016 the population was 1,264 showing a population decline of 13.9% in the area during that time. The predominant age group in Sun Valley is 40-49 years. Households in Sun Valley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sun Valley work in a trades occupation. In 2011, 73.8% of the homes in Sun Valley were owner-occupied compared with 71% in 2016.
Sun Valley has 589 properties. Over the last 5 years, Houses in Sun Valley have seen a 113.93% increase in median value, while Units have seen a 150.67% increase. As at 31 October 2024:
- The median value for Houses in Sun Valley is $446,912 while the median value for Units is $315,705.
- Houses have a median rent of $450.
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