FOR SALE
Reduced - $1,300,000

1720 Millaa Millaa Malanda Road
Jaggan QLD 4885

Bedrooms: 10
Bathrooms: 6
Car spaces: 10
Floor area: 624m2
Land area: 1.22ha
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

PASSIVE INVESTMENT OPPORTUNITY

Currently providing short term tenancy, the property has an income stream of just over $2000 per week. The Manor is being sold WIWO, it's ready to move in and enjoy a passive income stream.
There is a registered commercial kitchen and licensed restaurant onsite, it’s not operating at the moment but has been very popular with locals and tourists alike in recent times. If you enjoy cooking, you can reap the benefits or there is the potential to sub lease this area out.
The Malanda Manor is ready for its next entrepreneur to take it to its full potential of profitability. Extensively and lovingly renovated, this Grand Old Lady has an array of options to how you would like to operate the business. Situated on popular road that connects the coast with the Tablelands, it has ideal roadside exposure.
In the prior years the establishment has been used for holiday accommodation, murder mystery parties, weddings and small work conferences which have always been well received due to the unique cozy country setting which makes it ideal to bring family, friends and colleagues together. The accommodation and restaurant are council approved with additional approvals in place for a shop and animal farm.
Inside the property features the following:
Ground floor:
- 1 x 2 bedroom apartment which can comfortably accommodate up to 6 guests fully self-contained with kitchenette and private bathroom.
- 2 x Stand alone rooms with shared bathroom and separate shower.
- Common room with pool table and access to the back patio.
- Commercial Kitchen with impressive fit out and new commercial grade flooring installed 2022
See More

Property Details for 1720 Millaa Millaa Malanda Rd, Jaggan

Building Type
Rural
Floor Size
624m2
Land Size
1.22ha

Commute Calculator

About Jaggan 4885

The size of Jaggan is approximately 32.2 square kilometres. The population of Jaggan in 2011 was 593 people. By 2016 the population was 174 showing a population decline of 70.7% in the area during that time. The predominant age group in Jaggan is 60-69 years. Households in Jaggan are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Jaggan work in a professional occupation. In 2011, 78.1% of the homes in Jaggan were owner-occupied compared with 73.9% in 2016..

Jaggan has 98 properties. Over the last 5 years, Houses in Jaggan have seen a 42.86% increase in median value, while Units have seen a 22.01% increase. As at 30 November 2024:

  • The median value for Houses in Jaggan is $610,995 while the median value for Units is $325,989.
There are currently 6 properties listed for sale, and 1 property listed for rent in Jaggan on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Jaggan.

Jaggan Profile Page

Suburb Insights for Jaggan 4885

Visit Jaggan profile page
Market Insights
Jaggan 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
Jaggan 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 Jaggan profile page
Contact agent
Janine Rielly
Show contact details
Call agent
Jeanette Suffield
Show contact details
Call agent
Elders Real Estate Malanda
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