Ray White Commercial Northern Corridor Group is pleased to offer 78 St Georges Terrace, St George for sale by public auction on 3 of Dec 2020 at 11am AEST.
A highly motivated seller is offering an incredible yield to the astute investor looking to capture their next or first commercial investment. Both the perfect portfolio addition or entry into the investment market as guaranteed income until 2026.
An established office building with main street frontage, great parking and two government backed tenants in place. Best Employment are a government funded employment service group whom service large parts of regional Queensland. They range from NDIS through to traineeships and apprenticeships. Lonergan Project Services are an established local road servicing company who have a large contract with the Balonne Shire Council and have over 40 staff across the region.
Property features:
- 766m2* of waterfront land
- 275m2* NLA
- Two strong Government tenants in place offering an incredible yield until 2026.
- Current annual net income $44,835.66*
- On site amenities
- Four bay garage at the rear of the property
- Fully air conditioned
This property will be sold at auction (online). Register your interest now to ensure your opportunity to capture one of the highest yields in 2020.
For more information or to arrange an inspection, please contact marketing agents Brocke Hambrecht or Rob Dawson.
* Approximately
The size of St George is approximately 11036.2 square kilometres. There are 12 parks, covering nearly 0.4% of the total area. The population of St George in 2016 was 3048 people. By 2021 the population was 3130 showing a population growth of 2.7% in the area during that time. The predominant age group in St George is 10-19 years. Households in St George are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in St George work in a managers occupation.In 2021, 54.50% of the homes in St George were owner-occupied compared with 56.70% in 2016.
St George has 1,684 properties. Over the last 5 years, Houses in St George have seen a 84.70% increase in median value, while Units have seen a 82.96% increase. As at 30 April 2026:
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