5 Peace StreetPaget QLD 4740
Property Details for 5 Peace St, Paget
Last Listing description (February 2019)
5 Peace Street improvements are 94 storage units, colourbond sheeting on steel frames, with colourbond rolladoors and concrete driveways. The property is fully managed and is for sale at a capitalisation rate of 9% on nett income.
Site area
2296m2
911m2
Zoning
General Industry [low impact] but has an approved usage of warehouse and bulk stores.
PROPERTY FEATURES
Construction commenced in 2005 with the first row of sheds and the final 74 units were built in 2008.
24 large units [3m x 6m] $250 pcm
58 medium units [3m x 3m] $150 pcm
8 small units [1.2m x 2m] $90 pcm
5 kw solar system generating income
Fully managed by a professional property management company
On the edge of industrial Paget.
Handy to city, airport and highway connections.
Fully fenced and secured with a 2.8m mesh fence with three strands of barbed wire.
Property History for 5 Peace St, Paget, QLD 4740
- 22 Apr 2016Listed for Sale $1,200,000 plus GST [if applicable]
Recent sales nearby
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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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