126/61 Cook StreetNorth Ward QLD 4810
Property Details for 126/61 Cook St, North Ward
Last Listing description (September 2023)
It is with great pleasure we present a very rare opportunity in North Ward to secure a potential development site with endless opportunities. The combined size of both parcels of land is 2,024 Sqm with each block having street frontage. The blocks are 20.1 meters wide with an overall length of 100.6 meters long.
There is a wide range of configuration options which could be explored for the development site such as a unit complex or subdivide the blocks for more residential sites (STCA)
The potential development site currently has a very healthy holding income of $68,380 pa gross, consisting of 4 x 2 bedroom units and 1 x residential home fully tenanted.
We are taking Expressions Of Interest to be presented by the 27th of September 2019
*the properties are being sold with no such approvals for future development in place. all interested parties should conduct there own due diligence on the property for development.
Property History for 126/61 Cook St, North Ward, QLD 4810
- 13 Sep 2023Listed for Sale Not Disclosed
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About North Ward 4810
The size of North Ward is approximately 2.4 square kilometres. It has 8 parks covering nearly 19.0% of total area. The population of North Ward in 2016 was 5065 people. By 2021 the population was 5073 showing a population growth of 0.2% in the area during that time. The predominant age group in North Ward is 20-29 years. Households in North Ward are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Ward work in a professional occupation.In 2021, 40.20% of the homes in North Ward were owner-occupied compared with 35.20% in 2016.
North Ward has 3,948 properties. Over the last 5 years, Houses in North Ward have seen a 26.37% increase in median value, while Units have seen a 86.86% increase. As at 31 January 2026:
- The median value for Houses in North Ward is $856,846 while the median value for Units is $560,387.
- Houses have a median rent of $500 while Units have a median rent of $470.
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