52-56 Yandilla Street, Pittsworth, QLD 4356 | Property Value & History | OnTheHouse
OFF MARKET

52-56 Yandilla Street
Pittsworth QLD 4356

Bedrooms: -
Bathrooms: -
Car spaces: 35
Land area: 2688m2
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Property Details for 52-56 Yandilla St, Pittsworth

Building Type
Commercial
Land Size
2688m2
Local Government
Toowoomba Regional
Lot/Plan
6/RP69716

Last Listing description (May 2021)

Ray White Commercial QLD are pleased to present to the market 52 - 56 Yandilla Street, Pittsworth QLD for sale by way of Auction. The auction will be conducted on Friday 14 May 2021, 10.15 am at Level 26, 111 Eagle Street, Brisbane City QLD.

Investment Highlights:
- A well-established, single tenanted and freestanding IGA.

- Low maintenance asset that was purpose built for the tenant.

- 2,688sqm of major centre land, benefiting from high street exposure to the main thoroughfare of Pittsworth and has potential for future expansion.

- 100% leased for over 14 years, combined with a brand new 10-year lease reinforces the tenant's long-term commitment to this property.

- IGA is one of the worlds most recognised supermarket brands with over 5,000 stores in over 30 countries and over 1,400 of these stores (IGA and associated brands) located in Australia.

- Fixed CPI increases providing strong income growth which are secured by personal guarantees from the tenant.

- Net income of $268,344* + GST pa

* Approximately

Property History for 52-56 Yandilla St, Pittsworth, QLD 4356

A timeline of how this property has performed in the market
Last Sold
$4,168,500
14 May 2021
  • 14 May 2021
    Sold for $4,168,500
  • 13 Apr 2021
    Listed for Sale Contact Agent
  • 07 Jun 2006
    Sold for $500,000
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About Pittsworth 4356

The size of Pittsworth is approximately 59.1 square kilometres. It has 9 parks covering nearly 0.9% of total area. The population of Pittsworth in 2016 was 3294 people. By 2021 the population was 3300 showing a population growth of 0.2% in the area during that time. The predominant age group in Pittsworth is 0-9 years. Households in Pittsworth are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Pittsworth work in a trades occupation.In 2021, 68.10% of the homes in Pittsworth were owner-occupied compared with 67.70% in 2016.

Pittsworth has 1,688 properties. Over the last 5 years, Houses in Pittsworth have seen a 130.42% increase in median value, while Units have seen a 94.17% increase. As at 30 April 2026:

  • The median value for Houses in Pittsworth is $706,407 while the median value for Units is $441,283.
  • Houses have a median rent of $555 while Units have a median rent of $300.
There are currently 8 properties listed for sale, and 4 properties listed for rent in Pittsworth on OnTheHouse. According to Cotality's data, 82 properties were sold in the past 12 months in Pittsworth.

Suburb Insights for Pittsworth 4356

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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.