97 Mcevoy StreetWarwick QLD 4370
Property Details for 97 Mcevoy St, Warwick
Last Listing description (January 2025)
This is an exceptional residential and commercial investment opportunity nestled on a spacious 3130m2 allotment in the heart of the industrial estate. This prime property boasts unparalleled road frontage to McEvoy Street and is enveloped by a wealth of light and heavy industrial properties, making it a coveted location for savvy investors or owner operators with great exposure to the entrance of Warwick's industrial estate. Previously this property had two income streams from the residential home to the industrial tenancy still in place.
The residential component of this property features a tastefully updated 3-bedroom timber home, exuding charm and character. The home is equipped with modern conveniences, including a double garage and comprehensive air conditioning throughout, ensuring year-round comfort. A newly renovated bathroom adds to the appeal, offering a blend of functionality and style to the living space. This home has been previously tenanted and would be an ideal second income for the investors on this property.
On the industrial front, the expansive block dominates the landscape, encompassing multiple sheds and a substantial hard stand area. This aspect of the property presents a lucrative opportunity for commercial use, catering to a wide range of industrial pursuits. Currently, the industrial block is leased to exemplary long-term tenants, providing a stable income stream with a lease agreement in place until June 2025, making this an enticing investment for discerning investors seeking a secure and reliable return.
This multi-faceted property is strategically positioned to capitalize on the bustling industrial activity in the area, offering unrivalled exposure and accessibility for businesses. The substantial road frontage to McEvoy Street further enhances the property's appeal, ensuring visibility and easy ingress and egress for potential commercial operations.
The industrial estate's thriving ecosystem, replete with neighbouring industrial and commercial properties, adds a layer of desirability to this investment opportunity, underscoring its potential for sustained growth and prosperity. The proximity to various industrial facilities and the vibrant business community cements its status as a prized asset in the marketplace, promising long-term value for investors seeking to diversify their portfolio and capitalize on the ever-growing industrial sector.
In conclusion, this meticulously curated residential and commercial property represents a rare find in the thriving industrial landscape. With a harmonious blend of residential comfort and commercial potential, this offering presents a compelling proposition for astute investors looking to secure both immediate and long-term returns. Or for those who would like to live in and work out of their own sheds already set up.
Call today to view this property. Ample notice is required for the tenancy in place.
Property Code: 2111
Property History for 97 Mcevoy St, Warwick, QLD 4370
- 25 Apr 2024Sold for $745,000
- 13 Dec 2023Listed for Sale Offers from $780,000 will be considered
- 17 Feb 2013Listed for Rent - Price not available
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About Warwick 4370
The size of Warwick is approximately 25.9 square kilometres. It has 19 parks covering nearly 7.8% of total area. The population of Warwick in 2016 was 12222 people. By 2021 the population was 12294 showing a population growth of 0.6% in the area during that time. The predominant age group in Warwick is 60-69 years. Households in Warwick are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Warwick work in a labourer occupation.In 2021, 60.50% of the homes in Warwick were owner-occupied compared with 58.30% in 2016.
Warwick has 6,831 properties. Over the last 5 years, Houses in Warwick have seen a 138.05% increase in median value, while Units have seen a 117.66% increase. As at 31 March 2026:
- The median value for Houses in Warwick is $599,895 while the median value for Units is $462,580.
- Houses have a median rent of $550 while Units have a median rent of $390.
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