SOLD
Sold on 15 Mar 2024 for $825,000

40 Palmerin Street
Warwick QLD 4370

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 967m2
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Property Details for 40 Palmerin St, Warwick

Building Type
Commercial
Land Size
967m2
Local Government
Southern Downs Regional
Lot/Plan
1/RP5759

Last Listing description (April 2021)

This is a rare opportunity to acquire approximately 100sqm of retail/office space with Main street shop front, consisting of a separate office, strongroom and staff kitchen with rear side access.

There are also four residential units within the same building. All units are single bedrooms with kitchens and bathrooms, 3 occupy the top floor with the biggest unit on the ground floor at the rear of the building.


There is also 4 undercover car spaces. A stand alone laundry which services all the units is situated at the rear of the building. Located in Palmerin street on a 967sm allotment with access through to Albion Street.

The Property has consistently shown good returns on investment. Enquire today to arrange your inspection as we require 24 hours notice for the tenants.

Property Code: 2168

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Property History for 40 Palmerin St, Warwick, QLD 4370

A timeline of how this property has performed in the market
Last Sold
$825,000
15 Mar 2024
Listed for Rent
$383/w
11 Sep 2020
  • 15 Mar 2024
    Sold for $825,000
  • 05 Sep 2019
    Listed for Sale $510,000 + GST
  • 28 Feb 2019
    Listed for Rent - Price not available
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About Warwick 4370

The size of Warwick is approximately 25.9 square kilometres. It has 19 parks covering nearly 7.8% of total area. The population of Warwick in 2011 was 12,357 people. By 2016 the population was 12,216 showing a population decline of 1.1% in the area during that time. The predominant age group in Warwick is 0-9 years. Households in Warwick are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Warwick work in a labourer occupation. In 2011, 59.7% of the homes in Warwick were owner-occupied compared with 58.3% in 2016.

Warwick has 6,803 properties. Over the last 5 years, Houses in Warwick have seen a 90.19% increase in median value, while Units have seen a 35.16% increase. As at 30 November 2024:

  • The median value for Houses in Warwick is $450,982 while the median value for Units is $331,296.
  • Houses have a median rent of $480 while Units have a median rent of $350.
There are currently 80 properties listed for sale, and 17 properties listed for rent in Warwick on OnTheHouse. According to CoreLogic's data, 310 properties were sold in the past 12 months in Warwick.

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