7 Bay DriveQuoiba TAS 7310
Property Details for 7 Bay Dr, Quoiba
Last Listing description (February 2021)
Knight Frank is pleased to offer for sale this highly affordable blue chip industrial investment, located in a popular industrial location within Quoiba.
Situated on a site of 2,036 sqm (Approx.), the building of 643 sqm (Approx.) comprises a modern office/showroom and warehouse with drive through access, substantial concrete hardstand and a rear crushed rock storage area.
The property has been fully leased to Elders Rural Services Australia Limited since 1 October 2010, with recent agreement on a term of 3 years from 1 October 2020 with a further option of 2 years. Rental from 1 October 2020 is $37,609.68 + GST and outgoings. In addition to the base rental, the tenant pays $680.30 per month to the Landlord based on capital works completed by the Landlord in 2010 to install the showroom component for Elders.
Estimated Net Income $36,789 (before owners outgoings).
For further information or to arrange an inspection, please contact Nicholas Bond of Knight Frank.
Property History for 7 Bay Dr, Quoiba, TAS 7310
- 01 Feb 2021Listed for Sale Contact Agent
- 07 Dec 2020Sold for $525,000
- 18 Mar 2010Listed for Sale Not Disclosed
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0About Quoiba 7310
The size of Quoiba is approximately 3.9 square kilometres. It has 8 parks covering nearly 16.9% of total area. The population of Quoiba in 2011 was 419 people. By 2016 the population was 419 showing a stable population in the area during that time. The predominant age group in Quoiba is 60-69 years. Households in Quoiba are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Quoiba work in a labourer occupation. In 2011, 84.6% of the homes in Quoiba were owner-occupied compared with 82.8% in 2016.
Quoiba has 320 properties. Over the last 5 years, Houses in Quoiba have seen a 102.73% increase in median value. As at 31 October 2024:
- The median value for Houses in Quoiba is $486,174 while the median value for Units is $412,010.
- Houses have a median rent of $268.
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