CARETAKER APPROVED ZONING - THIS PROPERTY IS A MUST-TO-INSPECT. SMALL COMPLEX OF 3 UNITS, CONSTRUCTED IN 2008.GROUND FLOOR PRESENTED AS A HIGH CLEARANCE WAREHOUSE WITH OFFICE, LOUNGE AREA AND AMENITIES. FIRST FLOOR PRESENTING AS A MODERN, ABOVE AVERAGE QUALITY, TWO (2) BEDROOM UNIT WITH MODERN KITCHEN, LOUNGE AREA, BATHROOM AND ENSUITE.EXTERNALLY, THE TITLE AREA INCLUDES 6 CARPARKS, OF WHICH 3 ARE UNDER COVER AND A 40SQM YARD. LOCATED CLOSE TO ALL MAJOR ARTILLERY ROADS AND CANBERRA CITY, THIS WAREHOUSE HAS BEEN CONVERTED TO BE OF MIXED-USE. A UNIQUE OPPORTUNITY TO WORK AND LIVE IN, ENJOYING TAX BENEFITS. TO ANY DISCERNING INVESTOR, FUTURE GROWTH OPPORTUNITY, CURRENT GROSS RETURN RENTAL YIELD BETWEEN MINIMUM 7% - 8%.BODY CORPORATE: $6,231.20 PER ANNUM ($1,557.80 PER QTR) APPROX.RENTED AS OF 29 NOVEMBER 2015 (3 YEARS) WITH ADDITIONAL 3 YEAR OPTIONEXPIRES: 29 NOVEMBER 2018CURRENT RENTAL PER CALENDAR MONTH UP UNTIL 28/11/17 IS: $3,336 (GST INCL.)INCREASES AS OF 29/11/17 TO: $3,800 PER CALENDAR MONTH (GST INCL.)ANNUAL RENT RECEIVED: $40,032 - $45,600 (GST INCL.)GROSS ANNUAL RENTAL RETURN YIELD: 7% - 8%ADVERTISED PRICE: $570K +COUNCIL RATES $2,700 PER ANNUM (APPROX.)WATER RATES: $520 PER ANNUM (APPROX.)BUILDING AREA: 276SQM APPROX. (GROUND FLOOR 146SQM, UPPER LEVEL 130SQM)ZONING: GENERAL INDUSTRIAL
The size of Queanbeyan West is approximately 2.8 square kilometres. There are 13 parks, covering nearly 28.2% of the total area. The population of Queanbeyan West in 2016 was 3136 people. By 2021 the population was 3146 showing a population growth of 0.3% in the area during that time. The predominant age group in Queanbeyan West is 30-39 years. Households in Queanbeyan West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Queanbeyan West work in a professional occupation.In 2021, 64.70% of the homes in Queanbeyan West were owner-occupied compared with 62.70% in 2016.
Queanbeyan West has 1,738 properties. Over the last 5 years, Houses in Queanbeyan West have seen a 24.42% increase in median value, while Units have seen a 30.93% increase. As at 30 June 2026:
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