26 Cherry St, Oakey is a 12 bedroom, 6 bathroom Unit with 6 parking spaces and was built in 1990. The property has a land size of 3894m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in January 2017.
26 Cherry Street (or 13-15 Creek Street) is a prime opportunity for those looking to capitalise on taking advantage of purchasing a complex of 6 x (2 bed 1 bath 1car) units plus vacant land with potential development, plus two sheds. All 6 units are currently rented and are offered to the rental market as aged care affordable living - absolutely perfect for Government Housing/NDIS Suppliers, farming families and sophisticated investors looking for a cash flow opportunity to add to your property portfolio.
Property Summary:
Complex of ground level units (6 x 2-bedroom, 1 bath, 1 car)
Tenancy Agreements:
1/13-15 Creek Street: Lease to 14 December 2026 @ $280/week
2/13-15 Creek Street: Lease to 9 July 2026 @ $280/week
3/13-15 Creek Street: Lease to 29 March 2027 @ $280/week
4/13-15 Creek Street: Lease to 16 November 2026 @$280/week
5/13-15 Creek Street: Lease to 30 November 2026 @$300/week
6/13-15 Creek Street: Lease to 8 March 2027 @ $280/week
Rates:
Water Rates: $2,621.62 per half year
Land Rates: $3,093.17 per half year
Body Corporate Fees: $0
The size of Oakey is approximately 127.0 square kilometres. There are 9 parks, covering nearly 0.6% of the total area. The population of Oakey in 2016 was 4705 people. By 2021 the population was 4756 showing a population growth of 1.1% in the area during that time. The predominant age group in Oakey is 10-19 years. Households in Oakey are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Oakey work in a labourer occupation.In 2021, 61.80% of the homes in Oakey were owner-occupied compared with 60.40% in 2016.
Oakey has 2,290 properties. Over the last 5 years, Houses in Oakey have seen a 173.29% increase in median value, while Units have seen a 109.52% increase. As at 30 June 2026:
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