FOR SALE
Reduced - $690,000 ono

1-19 Rankine Avenue
Yungaburra QLD 4884

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 8701m2
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OPPORTUNITY AWAITS

Located in the heart of Yungaburra this corner 2 acre block is zoned emerging communities and within a "Priority Infrastructure Area" of the Tableland Regional Council with the preferred use of this site being Commercial/Retail.
Yungaburra is one of the fastest growing townships on the Tablelands, famous for its village vibe, bustling markets and flower lined streets. It is popular with local residents and tourist alike.
There is a shortage of commercial and retail space within the village and plenty of opportunity for new businesses to thrive within the community. A multiple tenancy building could attract tenancies including a Bakery, Beauticians, Gym, Specialist Medical Practitioners or Professional Services just to name a few.
This site is steeped with historical significance with the remains of the original Cairns Plywoods Timber Mill proudly standing. It is the earliest remaining timber mill on the district and it functioned for a period of 80 years. It was an integral part of the development of the village of Yungaburra and it represents an important primary industry in the development of North Queensland. The successful Developer of this site will have to retain public access to this site and use this icon to attract visitors to these businesses.
For more information contact Elders Agent Michelle Raso on 0428 116 136.

Property Details for 1-19 Rankine Ave, Yungaburra

Building Type
Commercial
Land Size
8701m2

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About Yungaburra 4884

The size of Yungaburra is approximately 17 square kilometres. It has 9 parks covering nearly 0.9% of total area. The population of Yungaburra in 2011 was 1,115 people. By 2016 the population was 1,246 showing a population growth of 11.7% in the area during that time. The predominant age group in Yungaburra is 60-69 years. Households in Yungaburra are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Yungaburra work in a professional occupation. In 2011, 66.9% of the homes in Yungaburra were owner-occupied compared with 71.9% in 2016.

Yungaburra has 1,006 properties. Over the last 5 years, Houses in Yungaburra have seen a 52.35% increase in median value, while Units have seen a 25.70% increase. As at 30 November 2024:

  • The median value for Houses in Yungaburra is $618,518 while the median value for Units is $313,568.
  • Houses have a median rent of $500.
There are currently 52 properties listed for sale, and 1 property listed for rent in Yungaburra on OnTheHouse. According to CoreLogic's data, 59 properties were sold in the past 12 months in Yungaburra.

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Janine Rielly
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Michelle Raso
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Elders Real Estate Malanda
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