McArthur and Associates Property Consultants is pleased to offer this wonderful commercial investment in Wandal (Rockhampton) For Sale. Previously a medical centre for over 40 years it has a brand new 3 year lease just executed to a psychologist. Rent $54,000 PA plus GST plus Outgoings.
The property is located along Baden Powell Street and is approximately 220m2 under roof.
The size of Wandal is approximately 3.2 square kilometres. It has 7 parks covering nearly 18.4% of total area. The population of Wandal in 2011 was 4,237 people. By 2016 the population was 4,021 showing a population decline of 5.1% in the area during that time. The predominant age group in Wandal is 50-59 years. Households in Wandal are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Wandal work in a professional occupation. In 2011, 61.6% of the homes in Wandal were owner-occupied compared with 64.8% in 2016.
Wandal has 1,935 properties. Over the last 5 years, Houses in Wandal have seen a 126.28% increase in median value, while Units have seen a 58.13% increase. As at 30 November 2024:
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