12-16 Progress DrivePaget QLD 4740
Property Details for 12-16 Progress Dr, Paget
Last Listing description (March 2019)
Colliers International is pleased to offer for sale 12-16 Progress Drive, Paget, Mackay on a sale and leaseback arrangement. The site is occupied by Austbore Pty Ltd, a wholly owned subsidiary of Austin Engineering Limited, and operates as an office, warehouse and repairs and maintenance facility.
Key features include:
- 1,651m building area
- 12 year initial lease term
- High yielding investment
- Significant crane and power supply
- Additional hardstand and expansion areas
- Multiple on-grade roller door access
- Corner site with two street access
- Core regional industrial precinct
Property History for 12-16 Progress Dr, Paget, QLD 4740
- 07 Feb 2019Sold for $3,313,200
- 27 Apr 2015Listed for Sale Not Disclosed
- 12 Mar 2009Sold for $2,500,000
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0About Paget 4740
The size of Paget is approximately 14.1 square kilometres. It has 11 parks covering nearly 6.0% of total area. The population of Paget in 2016 was 273 people. By 2021 the population was 339 showing a population growth of 24.2% in the area during that time. The predominant age group in Paget is 20-29 years. Households in Paget are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Paget work in a machinery operators and drivers occupation.In 2021, 41.50% of the homes in Paget were owner-occupied compared with 44.60% in 2016.
Paget has 886 properties. Over the last 5 years, Houses in Paget have seen a 79.20% increase in median value, while Units have seen a 117.10% increase. As at 31 December 2025:
- The median value for Houses in Paget is $602,497 while the median value for Units is $446,040.
- Houses have a median rent of $300 while Units have a median rent of $420.
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