21 Margaret Vella Drive, Paget, QLD 4740 sold on 16 May 2025 | OnTheHouse
 
SOLD
Sold on 16 May 2025 for $4,016,571

21 Margaret Vella Drive
Paget QLD 4740

Bedrooms: -
Bathrooms: -
Car spaces: 8
Floor area: 1728m2
Land area: 2260m2
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Property Details for 21 Margaret Vella Dr, Paget

Building Type
Commercial
Floor Size
1728m2
Land Size
2260m2
Local Government
Mackay Regional
Lot/Plan
550/SP195530

Last Listing description (May 2025)

We are delighted to offer the following tenanted Industrial asset to market.
We believe, this is most suited to professional investors, seeking passive investments.
A well-presented, free standing, concrete tilt slab shed, in the beating heart of the industrial base for the Bowen Basin, at Paget, Mackay, Australia.

A new five year lease, with options.
A nett lease returning over $280,000 annually.

Contact us, the Exclusive Agent, for your IM [ only to qualified applicants]

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Property History for 21 Margaret Vella Dr, Paget, QLD 4740

A timeline of how this property has performed in the market
Last Sold
$4,016,571
16 May 2025
  • 16 May 2025
    Sold for $4,016,571
  • 23 Apr 2025
    Listed for Sale By Negotiation
  • 15 May 2006
    Sold for $281,875
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About 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 892 properties. Over the last 5 years, Houses in Paget have seen a 73.92% increase in median value, while Units have seen a 107.54% increase. As at 30 November 2025:

  • The median value for Houses in Paget is $578,559 while the median value for Units is $428,785.
  • Houses have a median rent of $300 while Units have a median rent of $420.
There are currently 5 properties listed for sale, and 5 properties listed for rent in Paget on OnTheHouse. According to Cotality's data, 48 properties were sold in the past 12 months in Paget.

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John Walker
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Peter Mcfarlane
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MACKAY PROPERTY & MANAGEMENT SERVICES
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