309 Pallas St, Maryborough is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1950. The property has a land size of 1406m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last transferred in July 2023.
Conveniently located on Pallas St with easy access to the Hervey Bay road this large residential block of over 1400sqm is an ideal land banker with holding income from the current rental to get you by until you're ready to re-develop the site.
This older style Queenslander is prime for renovation & is returning a very healthy rental return of $320pw currently on a lease that expires in February 2023.
This site may be suitable for duplexes in the future (STCA) given it's size and 31m frontage & potentially relocate the existing dwelling to another site or sell it off to offset development costs.
The features of the current property include:
- 3 bedrooms
- Ceiling fans throughout
- Combined Kitchen/Dining
- Plenty of secure under house storage
- Fully fenced back yard
- Polished floors in living areas
Definitely worth the time to inspect and the astute investor will be able to make this property into something special so contact Justen Tillman on 0412262325 to arrange a private viewing or check out the 3D virtual tour link below.
Property Code: 4960
The size of Maryborough is approximately 26.5 square kilometres. There are 45 parks, covering nearly 7.5% of the total area. The population of Maryborough in 2016 was 15406 people. By 2021 the population was 15287 showing a population decline of 0.8% in the area during that time. The predominant age group in Maryborough is 60-69 years. Households in Maryborough are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Maryborough work in a community and personal service occupation.In 2021, 61.50% of the homes in Maryborough were owner-occupied compared with 59.70% in 2016.
Maryborough has 8,471 properties. Over the last 5 years, Houses in Maryborough have seen a 126.24% increase in median value, while Units have seen a 101.69% increase. As at 31 July 2026:
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