21-23 Queen Elizabeth DriveBerserker QLD 4701
Property Details for 21-23 Queen Elizabeth Dr, Berserker
Last Listing description (September 2023)
To enquire, please email or call 1300 815 051 and enter code 4290
Prime Investment or future development opportunity 1,903sqm.
The subject property is a high profile corner site situated on the very busy Queen Elizabeth Drive with passing traffic in excess of 30,000 vehicles per day. Berserker is a suburb in the fast growing area of North Rockhampton. As the service capital of Central Queensland, the Rockhampton Region has a thriving commercial and business centre surrounded by significant mining and rural industries. Proposed investment spans broad Community projects, to Education and Tourism, in addition to the much publicised Coal, Energy, Minerals, Ports, Rail, Water investment occurring.
The property is currently leased to a national company for $81,313.90 per annum plus GST and 100% of all outgoings which represents a net return of over 6.50%. The lease expires on 31 August 2025 and the tenant has a further option of 3 years.
The property also offers future potential for re-development of various retail, commercial or outdoor sales uses under the current zoning, subject to council approval. The property had previous council approval for development as retail shops (inc Gloria Jeans Coffee) in 2016.
The property comprises 3 separately titled allotments. Improvements are a small sales office, kitchen, and toilet comprising approximately 44m and storage sheds. The property is not in a flood zone and has been occupied by car sales dealers for over 50 years and is currently leased as a car sales outlet.
By way of price comparison 43 Queen Elizabeth Drive (PUMA Service Station next door) sold for $4,750,000 in March 2018 with 170sqm less land area.
Please note: The Sale will be GST Free as it is currently leased on a going concern basis.
To enquire, please email or call 1300 815 051 and enter code 4290
Property History for 21-23 Queen Elizabeth Dr, Berserker, QLD 4701
- 13 Aug 2025Sold for $1,182,500
- 26 Oct 2022Listed for Sale $1,250,000
- 08 Sep 2017Sold for $850,000
Recent sales nearby
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0About Berserker 4701
The size of Berserker is approximately 4.7 square kilometres. It has 11 parks covering nearly 6.5% of total area. The population of Berserker in 2016 was 6875 people. By 2021 the population was 7020 showing a population growth of 2.1% in the area during that time. The predominant age group in Berserker is 20-29 years. Households in Berserker are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Berserker work in a labourer occupation.In 2021, 55.20% of the homes in Berserker were owner-occupied compared with 53.50% in 2016.
Berserker has 3,919 properties. Over the last 5 years, Houses in Berserker have seen a 135.72% increase in median value, while Units have seen a 112.62% increase. As at 31 December 2025:
- The median value for Houses in Berserker is $483,235 while the median value for Units is $422,551.
- Houses have a median rent of $490 while Units have a median rent of $410.
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