224 Bazaar Street, Maryborough, QLD 4650 | Property Value & History | OnTheHouse
OFF MARKET

224 Bazaar Street
Maryborough QLD 4650

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 73m2
Land area: 265m2
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Property Details for Lot 2/224 Bazaar St, Maryborough

Building Type
Commercial
Year Built
1991
Floor Size
73m2
Land Size
265m2
Local Government
Fraser Coast Regional
Lot/Plan
2/SP295301

Last Listing description (July 2026)

A rare dual-asset opportunity has arrived in the heart of Maryborough's CBD. Positioned at 224 Bazaar Street, these two fully-occupied commercial lots offer investors the choice of high-yield diversification

Lot 1: Diversified Triple Tenancy

-Sale Price: $300,000 | Gross Yield: 12.3%

-Risk-Spread Profile: Offers an excellent "risk-spread" with three separate tenancies under one roof, ensuring consistent cash flow and minimal vacancy impact.

-Space: 109m² of versatile ground-level floor space.

-Occupancy: 100% occupied across three distinct shop spaces.

-Returns: Returning a gross income of $36,891 per annum.

Lot 2: Secure Long-Term Professional Suite
-Sale Price: $290,000 | Gross Yield: 8.52%

-Stability: Provides the stability of a single, established tenant with significant floor space and a secure lease profile.

-Space: Expansive 156m² ground floor layout.

-Tenure: Recently renewed 3-year agreement, providing medium-term certainty.

-Returns: Returning a gross income of $24,720 per annum, with outgoings paid by the current tenant.

-Features: Large professional footprint suited for retail or office use, featuring prominent CBD branding potential.

Property History for Lot 2/224 Bazaar St, Maryborough, QLD 4650

A timeline of how this property has performed in the market
Last Sold
$550,000
31 Oct 2016
Listed for Rent
$402/w
11 Mar 2023
  • 01 Jul 2026
    Listed for Sale Contact Agent
  • 16 Feb 2026
    Listed for Sale Contact Agent
  • 29 Aug 2022
    Listed for Rent $21,000 / year
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About Maryborough 4650

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 8,390 properties. Over the last 5 years, Houses in Maryborough have seen a 129.99% increase in median value, while Units have seen a 99.81% increase. As at 30 June 2026:

  • The median value for Houses in Maryborough is $580,367 while the median value for Units is $400,286.
  • Houses have a median rent of $520 while Units have a median rent of $390.
There are currently 100 properties listed for sale, and 59 properties listed for rent in Maryborough on OnTheHouse. According to Cotality's data, 432 properties were sold in the past 12 months in Maryborough.

Suburb Insights for Maryborough 4650

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.