720-726 Ingham RoadMount Louisa QLD 4814
Property Details for 720-726 Ingham Rd, Mount Louisa
Last Listing description (December 2018)
10 year lease to 2023 plus options to 2033
Penske Power Systems is fully owned by international transportation services company Penske Automotive Group, Inc. listed on New York Stock Exchange (PAG), and capitalised at approximately $26 Billion
Tenant pays all outgoings, as per lease
Prime high exposure prominent main road corner position with 88m frontage
Quality 1,781 sqm building comprising 700 sqm of office space
Substantial 7,948 sqm site
Ample on-site car spaces
7 km west of the Townsville CBD
Townsville: the capital city of Far North Queensland with a growing population of 190,000+ forecast to grow to 300,000+ by 2036
Generous depreciation allowances
Net Income: $338,408 pa + GST
Auction 11am AEDT Wednesday 24 October 2018
River Room, Crown Casino, Melbourne
Property History for 720-726 Ingham Rd, Mount Louisa, QLD 4814
- 18 Oct 2018Sold for $4,510,000
- 19 Sep 2018Listed for Sale Auction 24/10/18
- 11 Apr 2014Sold for $3,100,000
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0About Mount Louisa 4814
The size of Mount Louisa is approximately 10.2 square kilometres. It has 10 parks covering nearly 4.3% of total area. The population of Mount Louisa in 2016 was 8825 people. By 2021 the population was 9227 showing a population growth of 4.6% in the area during that time. The predominant age group in Mount Louisa is 30-39 years. Households in Mount Louisa are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mount Louisa work in a professional occupation.In 2021, 64.80% of the homes in Mount Louisa were owner-occupied compared with 62.00% in 2016.
Mount Louisa has 3,977 properties. Over the last 5 years, Houses in Mount Louisa have seen a 89.85% increase in median value, while Units have seen a 114.88% increase. As at 31 March 2026:
- The median value for Houses in Mount Louisa is $742,227 while the median value for Units is $706,406.
- Houses have a median rent of $590 while Units have a median rent of $425.
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