5 Yeatman Street, Hyde Park, QLD 4812

Investment | Showrooms | Offices | Industrial

Sold $850,000

  • Property ID: 245904
  • Floor Area: 632m²
  • Land Area: 1206m²
  • NBN Availability: Service Available
  • Cafes: 2 nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 632m2 1206m2 N/A
Hyde Park Commerical complex with 8.5% net return

This versatile property is one of a kind in the Hyde Park area.
Extremely well presented, with exposure to Woolcock Street, 5 Yeatman Street includes:

-170m2 of air conditioned offices & showroom;
-150m2 of covered, lockable storage;
-12 tenanted storage units totalling 312m2;
-6 on site car parks, including 3 undercover.

The property is perfectly positioned only 3 minutes from the CBD and with easy access onto either Woolcock Street or Charters Towers Road.

The office, showroom and covered storage area is subject to a 3 + 3 year lease as of August 2019 at $35,496 per annum + GST.

The 12 storage units are leased and returning $50,220 per year + GST.

The property is returning a net income of approx. $71,897 per year + GST.

Contact marketing agents Ray White Commercial for more information.

Additional Information
Features
  • Zoning: Mixed Use
Hyde Park Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $205 ---
Industrial --- $130 ---
Offices --- $400 ---
This is the average advertised price, rent and yield for Hyde Park, QLD 4812*
* 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.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Cafes - Number of cafes located within 500 metres of 5 Yeatman Street, Hyde Park, QLD 4812. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 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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