18 Village DriveIdalia QLD 4811
Property Details for 18 Village Dr, Idalia
Last Listing description (April 2023)
Ray White Commercial QLD are proud to present The Precinct, Townsville at 12-18 Village Drive & 40-42 Stuart Drive, Idalia. On offer is the ultimate convenience offering in Townsville anchored by Otto's Market and supported by numerous national and international chains including 3 drive-throughs.
|WHAT|
A convenience-based retail centre, the first urban village of its kind in Townsville
Anchored by Otto's Market - an award-winning premium supermarket and "foodie haven"
Supported by Red Rooster, Pizza Hut, Night Owl, Subway, Nando's, Cellarbrations and Noodlebox
Strategically positioned on a commanding 1.44ha site providing 147* car parks
|WHERE|
Just 5km from the Townsville CBD, with outbound slip lane access along Stuart Drive (24,000 vehicles daily)
Within 5km of James Cook University - the 2nd oldest university in Queensland - and Lavarack Barracks - the largest army barracks in Australia.
Surrounded by significant traffic generating amenities including a BP, McDonald's, a Medical Centre and Townsville's largest sporting hub Brolga Park, which is set to undergo a $2.5 million redevelopment.
|WHY|
A secure diversified income stream from national and local tenants
Longstanding chains who have tenanted for over 10 years since The Precinct's construction
Otto's Market is one of the most exciting supermarket brands in Queensland, with 4 locations across Townsville and a significant online following
Estimated fully leased net income of $1.6 million and a WALE of 5.66 years (by income)
* Approx.
Property History for 18 Village Dr, Idalia, QLD 4811
- 02 Aug 2022Listed for Sale Closing 31 August 2022 at 4pm (AEST)
- 06 May 2021Listed for Rent $59,150 / year
- 23 Aug 2019Listed for Rent $44,330 / year
Recent sales nearby
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About Idalia 4811
The size of Idalia is approximately 3.5 square kilometres. It has 8 parks covering nearly 13.1% of total area. The population of Idalia in 2016 was 4438 people. By 2021 the population was 4563 showing a population growth of 2.8% in the area during that time. The predominant age group in Idalia is 20-29 years. Households in Idalia are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Idalia work in a professional occupation.In 2021, 56.50% of the homes in Idalia were owner-occupied compared with 52.40% in 2016.
Idalia has 1,919 properties. Over the last 5 years, Houses in Idalia have seen a 77.21% increase in median value, while Units have seen a 103.26% increase. As at 31 December 2025:
- The median value for Houses in Idalia is $780,028 while the median value for Units is $454,650.
- Houses have a median rent of $650 while Units have a median rent of $500.
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