FOR SALE
$695,000

11 Truscott Street, Garbutt
Townsville City QLD 4810

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 360m2
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Family owned Bus Company for sale

Phone enquiries - please quote property ID 33901.
Established Bus Company with Defence Contracts in place for over 20 years.
Discover an exceptional chance to acquire a reputable Bus Company with an option to purchase the accompanying Commercial Freehold Depot, strategically located in Garbutt, Townsville. This rare FREEHOLD Business and Property opportunity beckons the discerning buyer, poised for prosperity and growth.
Operating under the name of Gordonvale Coaches, the business boasts a 20+ year-long legacy of excellence, serving a diverse clientele base. Existing Contracts, including regular Government (Defence) jobs, underscore its reliability and profitability. Other services range from day trips and custom charters to interstate and school groups, sporting events, tours, weddings, and emergency transportation.
Key Features:
Well-maintained fleet comprising 2 x full-size (55-seat) coaches and 1 x 24-seater coach
A comprehensive list of additional inclusions available upon request
THE FREEHOLD COMMERCIAL DEPOT: Nestled within an established Industrial hub, the property enjoys proximity to essential amenities and seamless transport access to Woolcock Street and Ingham Road.
The owner is negotiable to sell the business without the freehold. The business alone would be $695,000.
Property Features:-
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Property Details for 11 Truscott Street, Garbutt, Townsville City, QLD 4810

Building Type
Commercial
Floor Size
360m2

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About Townsville City 4810

The size of Townsville City is approximately 2 square kilometres. It has 9 parks covering nearly 5.1% of total area. The population of Townsville City in 2011 was 2,500 people. By 2016 the population was 2,874 showing a population growth of 15.0% in the area during that time. The predominant age group in Townsville City is 20-29 years. Households in Townsville City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Townsville City work in a professional occupation. In 2011, 40.8% of the homes in Townsville City were owner-occupied compared with 37.1% in 2016.

Townsville City has 2,519 properties. Over the last 5 years, Houses in Townsville City have seen a 33.82% increase in median value, while Units have seen a 29.03% increase. As at 31 August 2024:

  • The median value for Houses in Townsville City is $733,533 while the median value for Units is $450,004.
  • Houses have a median rent of $543 while Units have a median rent of $500.
There are currently 44 properties listed for sale, and 75 properties listed for rent in Townsville city on OnTheHouse. According to CoreLogic's data, 197 properties were sold in the past 12 months in Townsville city.

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