2a Boomerang St, Rankins Springs is a 0 bedroom, 0 bathroom House. The property has a land size of 636m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 0 bedroom House sold in Rankins Springs in the last 12 months.
Versatile business opportunity with shop offering newsagency, fast food and general store lines plus Australia Post services & mail run. Full size 3 bedroom residence at the rear with side access via 2 car carport with private yard. Shop adjoins hotel and motel, and is opposite parking area for caravans, trucks etc with high visibility, and close to local caravan park.
Rankins Springs is on the busy Mid Western Highway connecting West Wyalong to Hay, and is an important grain growing area, about 60km North of Griffith (pop 24,000). Our clients have turned this into a very successful fast food and convenient store business and also significantly improved the residence for the next owner's comfort.
This is a very secure & table business, with the added benefit of a comfortable home.
The size of Rankins Springs is approximately 883.7 square kilometres. It has 8 parks covering nearly 11.1% of total area. The population of Rankins Springs in 2011 was 298 people. By 2016 the population was 175 showing a population decline of 41.3% in the area during that time. The predominant age group in Rankins Springs is 50-59 years. Households in Rankins Springs are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Rankins Springs work in a managers occupation. In 2011, 68% of the homes in Rankins Springs were owner-occupied compared with 70.6% in 2016..
Rankins Springs has 210 properties. Over the last 5 years, Houses in Rankins Springs have seen a 73.40% increase in median value. As at 31 October 2024:
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