55-57 Southgate Drive, Paget, QLD 4740 | Property Value & History | OnTheHouse
 
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55-57 Southgate Drive
Paget QLD 4740

Bedrooms: -
Bathrooms: -
Car spaces: 20
Land area: 6336m2
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Property Details for 55-57 Southgate Dr, Paget

Building Type
Commercial
Land Size
6336m2
Local Government
Mackay Regional
Lot/Plan
23/SP123946

Last Listing description (August 2021)

Cushman & Wakefield is pleased to present to the market 55-57 Southgate Drive, Paget (Mackay) for sale via Offers to Purchase.

The property has the following key characteristics:

- 10 year lease commenced 2019

- Heavy duty engineering premises in Mackay
- Servicing major mining & infrastructure projects throughout the Galilee Basin & Bowen Basin
- Standalone office & engineering facility totaling 1,587 sqm
- Dual 25 tonne overhead gantry cranes plus large power supply
- 25% site cover offering development expansion & rental upside
- Large 6,336 sqm industrial site with High Impact Zoning
- Cram Fluid Power is owned by Inenco Group & its Parent - Genuine Parts Company (NYSE:GPC) a Fortune 500 major American multinational with a Market Cap of $US15 Billion. Major Australian brands include Repco, NAPA Auto Super Stores, COVS Automotive & Ashdown Ingram & CBC Bearings
- Tenant pays all usual outgoings (excluding Land Tax)
- Current rental $243,623 pa + outgoings + GST

For more information please contact the property professional at Cushman & Wakefield.

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Property History for 55-57 Southgate Dr, Paget, QLD 4740

A timeline of how this property has performed in the market
Last Sold
$3,000,000
15 Jun 2021
Listed for Rent
03 May 2017
  • 15 Jun 2021
    Sold for $3,000,000
  • 19 Jul 2019
    Listed for Sale Contact Agents
  • 29 Nov 2016
    Sold for $1,600,000
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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 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.
There are currently 3 properties listed for sale, and 5 properties listed for rent in Paget on OnTheHouse. According to Cotality's data, 44 properties were sold in the past 12 months in Paget.

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