OFF MARKET

29399 Bruce Highway
Apple Tree Creek QLD 4660

Bedrooms: -
Bathrooms: -
Car spaces: 35
Land area: 14660m2
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Property Details for 29399 Bruce Hwy, Apple Tree Creek

Building Type
Commercial
Land Size
14660m2
Local Government
Bundaberg Regional
Lot/Plan
2/RP1861

Last Listing description (August 2024)

Looking for a healthy return on investment of 9% net?

Established almost 7 years ago, this multi award winning local restaurant is selling the land and building and looking for capital to re-invest in their business.

Great reviews and a great presence on social media ensure that this business has a sizzling future.

Current lease will restart a new 5 year term upon settlement
5 by 5 year lease options available
3% CPI annually
All outgoings paid for by tenant
Maintenance and building upkeep at tenants expense
Large commercial kitchen
Renovated 7 years ago
72m2 of alfresco dining area

Mollydookers is a well known restaurant located between the thriving townships of Childers and Apple Tree Creek.
Not only does it have a loyal local following, it is also very popular with the travelling public. A must-do on the drive North or South along the Bruce Highway!

For more information please contact your local NAI Harcourts Ignite Agent Rhys on 0437 457 575

All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries

Property History for 29399 Bruce Hwy, Apple Tree Creek, QLD 4660

A timeline of how this property has performed in the market
Last Sold
$337,500
06 Nov 2015
  • 14 Aug 2024
    Listed for Sale $650,000
  • 17 Feb 2022
    Listed for Sale $689,000
  • 06 Nov 2015
    Sold for $337,500
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About Apple Tree Creek 4660

The size of Apple Tree Creek is approximately 23.7 square kilometres. It has 11 parks covering nearly 2.3% of total area. The population of Apple Tree Creek in 2011 was 916 people. By 2016 the population was 638 showing a population decline of 30.3% in the area during that time. The predominant age group in Apple Tree Creek is 60-69 years. Households in Apple Tree Creek are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Apple Tree Creek work in a labourer occupation. In 2011, 84.6% of the homes in Apple Tree Creek were owner-occupied compared with 76.8% in 2016.

Apple Tree Creek has 435 properties. Over the last 5 years, Houses in Apple Tree Creek have seen a 107.85% increase in median value, while Units have seen a 128.69% increase. As at 31 October 2024:

  • The median value for Houses in Apple Tree Creek is $550,462 while the median value for Units is $438,158.
  • Houses have a median rent of $525.
There are currently 17 properties listed for sale, and 1 property listed for rent in Apple tree creek on OnTheHouse. According to CoreLogic's data, 32 properties were sold in the past 12 months in Apple tree creek.

Suburb Insights for Apple Tree Creek 4660

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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.