92989 Bruce HighwayBalberra QLD 4740
Property Details for 92989 Bruce Hwy, Balberra
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.
Property History for 92989 Bruce Hwy, Balberra, QLD 4740
- 11 Jul 2022Sold for $33,925,000
- 27 Aug 2021Listed for Sale Contact Agent
- 27 Aug 2020Sold for $1,765,000
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0About 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 77.19% increase in median value. As at 31 October 2024:
- The median value for Houses in Balberra is $675,623 while the median value for Units is $241,986.
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