8 Parkside Drive, Condon, QLD 4815

Industrial | Other

Sold $2,000,000

  • Property ID: 434722
  • Floor Area: 991m²
  • Land Area: 2589m²
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 08/09/2023 991m2 2589m2 N/A
Freestanding self storage compound with strong occupancy

This well established self storage facility is available for immediate sale. The complex is ideally location close to Lavarack Army base, James Cook University, and an enormous residential catchment area including Condon, Kirwan, Rasmussen, Kelso and Douglas.

Features include:

• Land area: 2,589 sqm
• 48 shed-style storage units
• 15 new container storage units - installed in December 2022
• 14 vacant sheds allowing for significant upside once leased
• Net income: $131,592 per annum
• Floor area sheds: 783 sqm
• Floor area containers: 208 sqm
• Hardstand secure yard leased to separate tenant
• Land area hardstand lease: 670 sqm
• Built in 1997
• Strong occupancy

For Sale via offers to purchase.

Condon Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $2234 --- ---
Industrial --- $270 ---
Retail $1117 --- ---
This is the average advertised price, rent and yield for Condon, QLD 4815*
Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in QLD for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
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  Ray White Commercial Townsville

 

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Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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