OFF MARKET

35 Edison Street
Wulguru QLD 4811

Bedrooms: -
Bathrooms: -
Car spaces: 50
Floor area: 752m2
Land area: 4024m2
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Property Details for 35 Edison St, Wulguru

Building Type
Commercial
Floor Size
752m2
Land Size
4024m2
Local Government
Townsville City
Lot/Plan
4/RP725041

Last Listing description (September 2024)

Brandon Johnson from Coastal Commercial is excited to offer the astute investor or developer the chance to purchase this freehold retail asset with both rental and Development upside. The property is located directly opposite Wulguru State School and has current DA approval for a Child Care Centre.

The sellers are extremely motivated and will entertain all cash unconditional offers prior to Auction. If not sold prior, the property will be sold via Public Auction 11:00am on Wednesday the 24th of July at Coastal Commercial office. Level 1/16 Queensland Avenue, Broadbeach.

Key Features:

641m2 of Lettable area
Situated on a 4024m2 parcel of level land
Solid income
MCU approval for Child Care
Development potential and rental upside
Close proximity to Townsville's army barracks, air port and CBD

* Disclaimer: This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracy or misstatements that may occur. Prospective purchases should make their own enquiries to verify the information contained herein.

Property History for 35 Edison St, Wulguru, QLD 4811

A timeline of how this property has performed in the market
Last Transferred
$700,000
03 Aug 2024
Listed for Rent
$200/w
22 Jun 2023
  • 03 Aug 2024
    Transferred for $700,000
  • 11 Jul 2024
    Listed for Sale Contact Agent
  • 03 Aug 2022
    Listed for Rent $31,930 / year
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About Wulguru 4811

The size of Wulguru is approximately 2.9 square kilometres. It has 7 parks covering nearly 5.4% of total area. The population of Wulguru in 2011 was 4,818 people. By 2016 the population was 4,564 showing a population decline of 5.3% in the area during that time. The predominant age group in Wulguru is 50-59 years. Households in Wulguru are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Wulguru work in a trades occupation. In 2011, 67.8% of the homes in Wulguru were owner-occupied compared with 66.2% in 2016.

Wulguru has 1,956 properties. Over the last 5 years, Houses in Wulguru have seen a 97.43% increase in median value, while Units have seen a 21.98% increase. As at 30 September 2024:

  • The median value for Houses in Wulguru is $446,879 while the median value for Units is $328,296.
  • Houses have a median rent of $475 while Units have a median rent of $250.
There are currently 8 properties listed for sale, and 2 properties listed for rent in Wulguru on OnTheHouse. According to CoreLogic's data, 93 properties were sold in the past 12 months in Wulguru.

Suburb Insights for Wulguru 4811

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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.