SOLD
Sold on 22 Jul 2024 for $400,000

56 Herbert Street
Allora QLD 4362

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Land area: 1019m2
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Property Details for 56 Herbert St, Allora

Building Type
Commercial
Land Size
1019m2
Local Government
Southern Downs Regional
Lot/Plan
7/SP290163

Last Listing description (March 2023)

In the lovely town of Allora 30 kms northwest of Warwick is this rare commercial opportunity. Located in the main hub of Herbert Street this building is ready for a new business to take over. Currently a pump restoration and all things well loved business, this cute old style shop front belies the space available on this property. With total land area of 1019sqm and the available retail space of 327sqm, consisting of back rear lane access, warehouse, offices and full staff amenities. There are 2 front access doors, and a reception area to the left. At the back is a full height garage door.
The principal construction of this building comprises of

• reinforced concrete footings and concrete floor,
• web portal steel frame and timber frame to offices / kitchen.
• Metal deck insulated roof,
• masonry block and metal deck external walls.
• Plasterboard internal linings to offices,
• Aluminum frames windows,
• fluorescent lighting.
The price is exclusive of GST, and part of the business can be sold with the building. There are few available shops left in Allora to buy and own outright, it is well worth the look.

Property History for 56 Herbert St, Allora, QLD 4362

A timeline of how this property has performed in the market
Last Sold
$400,000
22 Jul 2024
  • 22 Jul 2024
    Sold for $400,000
  • 10 Nov 2022
    Listed for Sale $410,000
  • 27 Feb 2021
    Listed for Sale $ 395,000

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About Allora 4362

The size of Allora is approximately 96 square kilometres. It has 1 park covering nearly 0.2% of total area. The population of Allora in 2011 was 1,275 people. By 2016 the population was 1,216 showing a population decline of 4.6% in the area during that time. The predominant age group in Allora is 60-69 years. Households in Allora are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Allora work in a trades occupation. In 2011, 72.7% of the homes in Allora were owner-occupied compared with 70% in 2016.

Allora has 739 properties. Over the last 5 years, Houses in Allora have seen a 95.59% increase in median value, while Units have seen a 15.40% increase. As at 31 October 2024:

  • The median value for Houses in Allora is $436,408 while the median value for Units is $330,129.
  • Houses have a median rent of $310.
There are currently 5 properties listed for sale, and no properties listed for rent in Allora on OnTheHouse. According to CoreLogic's data, 23 properties were sold in the past 12 months in Allora.

Suburb Insights for Allora 4362

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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.