OFF MARKET

97-101 Munro Street
Babinda QLD 4861

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 850m2
Land area: 1012m2
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Property Details for 97-101 Munro St, Babinda

Building Type
Commercial
Floor Size
850m2
Land Size
1012m2
Local Government
Cairns Regional
Lot/Plan
710/NR7392

Last Listing description (January 2017)

Located in the main street of Babinda, this historical building has been carefully restored, updated and maintained by the owners.
Run as a family business only 2/3 days a week, this freehold building and on going cinema and theatre business represents an interesting opportunity for a fairly passive income with loads of potential to develop further business income streams.
The freehold building and business is sold with all equipment and furnishings (digital projectors, surround sound speakers,video recorder, cinema processor, portable stage, seating,etc)

There is a massive 30KVA SMA Solar system on the roof.The interior of the building has been acoustically panelled. There is a secondary shop front under lease at the street frontage. Auditorium rental, movie tickets and refreshments are the mainstay income.
A rare opportunity. Contact the agent for further information.

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Property History for 97-101 Munro St, Babinda, QLD 4861

A timeline of how this property has performed in the market
Last Sold
$544,500
27 Jun 2014
  • 07 Jul 2016
    Listed for Sale CONTACT AGENT
  • 27 Jun 2014
    Sold for $544,500
  • 30 Jun 2000
    Sold for $26,000
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About Babinda 4861

The size of Babinda is approximately 40 square kilometres. It has 9 parks covering nearly 2.1% of total area. The population of Babinda in 2011 was 1,068 people. By 2016 the population was 1,257 showing a population growth of 17.7% in the area during that time. The predominant age group in Babinda is 60-69 years. Households in Babinda are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Babinda work in a labourer occupation. In 2011, 62.7% of the homes in Babinda were owner-occupied compared with 61% in 2016.

Babinda has 733 properties.

    There are currently 13 properties listed for sale, and 2 properties listed for rent in Babinda on OnTheHouse. According to CoreLogic's data, 21 properties were sold in the past 12 months in Babinda.

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