OFF MARKET

92989 Bruce Highway
Balberra QLD 4740

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 6105m2
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Property Details for 92989 Bruce Hwy, Balberra

Building Type
Commercial
Land Size
6105m2
Local Government
Mackay Regional
Lot/Plan
3/SP266886

Last Listing description (August 2022)

Under instructions from Mr Frank O'Neill and Mr David Stimpson of SV Partners as Joint Receivers and Managers of The Property Fund Pty Ltd ATF TPF Industrial Fund No. 1.

THIS PROPERTY FORMS PART OF AN EXCEPTIONAL OPPORTUNITY TO PURCHASE A PORTFOLIO OF 14 OPERATING SERVICE STATION SITES, WITH TWO PROVIDING ADDITIONAL DEVELOPMENT LAND, AS A PURCHASE IN ONE LINE. THE SITES ARE UNDERPINNED BY ONE RENOWNED TENANT, CHEVRON, AND ARE STRATEGICALLY LOCATED WITHIN THE PRIMARY ROAD NETWORK LINKING THE COAST TO THE COAL FIELDS AND AGRICULTURAL SECTOR IN CENTRAL QUEENSLAND.


FOR FURTHER INFORMATION, PLEASE VISIT: https://www.knightfrank.com.au/6593101

92989 Bruce Highway, Balberra is a slightly irregular shaped allotment improved with a service station facility including main building and a medium clearance awning of 3.9 metres over four fuel dispensers.

Additional to the retail shop are two detached dwellings which are presently not utilised in the operation together with a large 6,105 sqm site also under utilised. The facility trades 7 days a week operating from 4:00am - 8:00pm.

An opportunity exists to expand and further develop this asset.

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Property History for 92989 Bruce Hwy, Balberra, QLD 4740

A timeline of how this property has performed in the market
Last Sold
$33,925,000
11 Jul 2022
  • 11 Jul 2022
    Sold for $33,925,000
  • 27 Aug 2021
    Listed for Sale Contact Agent
  • 27 Aug 2020
    Sold for $1,765,000

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About Balberra 4740

The size of Balberra is approximately 61.6 square kilometres. It has 1 park covering nearly 7.2% of total area. The population of Balberra in 2011 was 428 people. By 2016 the population was 449 showing a population growth of 4.9% in the area during that time. The predominant age group in Balberra is 50-59 years. Households in Balberra are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Balberra work in a trades occupation. In 2011, 75.9% of the homes in Balberra were owner-occupied compared with 81.1% in 2016.

Balberra has 199 properties. Over the last 5 years, Houses in Balberra have seen a 63.55% increase in median value. As at 30 September 2024:

  • The median value for Houses in Balberra is $659,154 while the median value for Units is $20,021.
There are currently no properties listed for sale, and no properties listed for rent in Balberra on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Balberra.

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