FOR SALE
O/O $240,000

0 Cnr Bruce Highway & Excelsior Road
Gympie QLD 4570

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 120m2
Land area: 120m2
Improve this data
Contact Agent
Message
Show contact details
Call agent
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

PROMINENT FRANCHISE BUSINESS WITH CONSISTENT CUSTOMER BASE IN PRIME LOCATION

Owned and operated by the current owners since 2007, Donut King Gympie is well established and offers high quality products to customers from its impeccably presented premises in Gympie Central Shopping Centre.
The store is located in a high profile area within the shopping centre, next to the main entry to Big W. The business currently operates 7 days per week.
Anchor tenants of Gympie Central Shopping Centre include Woolworths, Big W, The Coffee Club and Suncorp.
The premises are leased from the shopping centre for a term of five years commencing from 1st March, 2022. Rents are negotiated by Retail Food Group, the parent company of Donut King Gympie, which has over 320 stores across Australia and New Zealand. As well as Donut King, RFG also manages and supports Brumbies Bakery, Gloria Jeans Coffee and Michel's Patisserie stores.
Turnover and growth have been strong in recent years, and are supported by good commercial infrastructure as part of the franchise arrangement.
The business comes with existing owned equipment on an unencumbered basis and with some equipment on loan from existing suppliers.
Net return on investment from this business is currently 12.4% after owners salary and oncosts.
Please contact Peter Scott on 0458 958 286 to explore this opportunity further.
We do not accept responsibility for the accuracy of any information. Interested parties should make their own enquiries in order to determine the accuracy of this information. Intending purchasers should seek legal and accounting advice before entering into any contract of sale.

Property Details for 0 Cnr Bruce Highway & Excelsior Road, Gympie

Building Type
Commercial
Floor Size
120m2
Land Size
120m2

Commute Calculator

About Gympie 4570

The size of Gympie is approximately 15.2 square kilometres. It has 32 parks covering nearly 13.9% of total area. The population of Gympie in 2011 was 10,156 people. By 2016 the population was 10,787 showing a population growth of 6.2% in the area during that time. The predominant age group in Gympie is 0-9 years. Households in Gympie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gympie work in a labourer occupation. In 2011, 57.8% of the homes in Gympie were owner-occupied compared with 54.1% in 2016.

Gympie has 6,481 properties. Over the last 5 years, Houses in Gympie have seen a 108.09% increase in median value, while Units have seen a 54.93% increase. As at 30 November 2024:

  • The median value for Houses in Gympie is $536,885 while the median value for Units is $397,815.
  • Houses have a median rent of $490 while Units have a median rent of $350.
There are currently 84 properties listed for sale, and 32 properties listed for rent in Gympie on OnTheHouse. According to CoreLogic's data, 396 properties were sold in the past 12 months in Gympie.

Gympie Profile Page

Suburb Insights for Gympie 4570

Visit Gympie profile page
Market Insights
Gympie Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Gympie Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Gympie profile page
Contact agent
Peter Scott
Show contact details
Call agent
Tom Grady Real Estate
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED