6/38 Margaret Vella Drive, Paget, QLD 4740 sold on 02 October 2025 | OnTheHouse
SOLD
Sold on 02 Oct 2025 for $995,500

6/38 Margaret Vella Drive
Paget QLD 4740

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 438m2
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Property Details for 6/38 Margaret Vella Dr, Paget

Building Type
Commercial
Year Built
2008
Land Size
438m2
Local Government
Mackay Regional
Lot/Plan
6/SP214696

Last Listing description (December 2025)

Unit 6 Site Business Park, Paget Mackay

• Strong lease with quality, long term tenant - Roof Safety Systems Mackay https://rissafety.com.au/systems/
• To be sold on a net yield of 6.5% - current rent $67,188 net per year with annual CPI increase

• All outgoings paid by tenant, including rates, utilities insurance/body corporate
• Lease up for renewal - March 2027, with 2 x 3-year options
• Total area 445m2 (strata title) tilt slab construction
• Warehouse 285m2
• Ground floor office/showroom 80m2
• Mezzanine office 80m2
• 3-phase power
• 5 metre powered roller door
• All amenities
• Four exclusive on-site car parking allotments
• Owner advise air conditioning replaced and roller door repairs completed 2023/24
• Surrounded by quality national tenants
• Minutes to Mackay Airport and Bruce Highway and Short drive to Mackay's busy CBD

More information is available from exclusive agent Col Wilson 0429 493 773 or email col.wilson@rhc.com.au

Property History for 6/38 Margaret Vella Dr, Paget, QLD 4740

A timeline of how this property has performed in the market
Last Sold
$995,500
02 Oct 2025
Listed for Rent
16 Jun 2016
  • 02 Oct 2025
    Sold for $995,500
  • 15 Sep 2025
    Listed for Sale Contact Col Wilson for more Information
  • 10 May 2016
    Listed for Rent - Price not available
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About Paget 4740

The size of Paget is approximately 14.1 square kilometres. There are 11 parks, covering nearly 6.0% of the 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 888 properties. Over the last 5 years, Houses in Paget have seen a 90.54% increase in median value, while Units have seen a 174.90% increase. As at 31 July 2026:

  • The median value for Houses in Paget is $662,675 while the median value for Units is $522,545.
  • Houses have a median rent of $48,000 while Units have a median rent of $490.
There are currently 8 properties listed for sale, and 9 properties listed for rent in Paget on OnTheHouse. According to Cotality's data, 57 properties were sold in the past 12 months in Paget.

Suburb Insights for Paget 4740

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Contact agent
agent headshot
Col Wilson
Show contact details
Raine & Horne Commercial Mackay
Preferred contact:
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.