SOLD
Sold on 16 Jul 2024 for $650,000

31 Blacks Road
Broughton QLD 4820

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 156m2
Land area: 54650m2
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Property Details for 31 Blacks Rd, Broughton

31 Blacks Rd, Broughton is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 54650m2 and floor size of 156m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Broughton in the last 12 months.

Building Type
House
Floor Size
156m2
Land Size
54650m2
Local Government
Charters Towers Regional
Lot/Plan
5/SP226374

Last Listing description (March 2022)

Dinotuff Products is a great opportunity to acquire.

An established polyethylene tank manufacturing facility

A relatively new business with huge growth potential
A business with limited locally manufactured product competition
An opportunity to purchase the business only including tools & equipment and lease the premises

OR

WIWO with all facilities & equipment, established on a 5 acre industrial lot

The vendors are offering buyers a great opportunity to purchase a unique, locally owned, poly tank manufacturing business with great potential to increase market share. They have genuine reasons for sale and are offering the business with full training and after sales service as required.

The business is ideally located in the historic city of Charters Towers with a great lifestyle and broad range of facilities, and is strategically located to service markets across northern and western Queensland. The premises is close to the Flinders Highway with easy sealed access and major highways leading in all directions.

Established in 2018, Dinotuff Products is quickly becoming recognised as a producer of quality 27000 litre/6000 gal polyethylene tanks with a superior design backed up by old fashioned service and product support. The design incorporates a number of distinguishing features including:

One piece construction with Self supporting dome roof
Australian food grade compliant polyethylene materials
Brass inlet and outlet inserts moulded into the tank for superior resistance to cracking
Moulded lifting lugs incorporated in roof
Inlet moulded into the roof adjacent to a large manhole with easy access for installation and maintenance of float valves

All equipment necessary to produce and deliver the Dinotuff Product comes with the business including:

One rock and roll, open flame tank mould and machine complete with all gas regulation and inspections current
One hopper for loading loose plastic into mould
Temperature probe, gauges & blower to cool tanks
Assorted spare parts & tools required to operate and maintain machinery
Airconditioned operator control room and computer

Handling equipment included:

One 2.5 tonne Crown LPG forklift with 3 stage (6.9m) mast
One 2 tonne TCM forklift with 2 stage mast
One pair 3.8m slippers
One lifting jib
One cradle for removing tank from mould

Transport equipment included:

Low km 2008 Hino FD1027 Truck with economical 270 HP engine, approx. 185000km with 2 x 200ltr diesel tanks 7.5 m tray with checker plate floor and gate pockets
Air bag rear suspension; aluminium bulbar, lightbar & spotlights
Fibreglass wind deflector on roof, FRP sunvisor &stone guard
Central locking & cruise control; air seat with canvas seat covers
Power windows & weather shields
Oversize signs & flags & 2 x rotating lights
One heavy duty trailer with dual wheels, air suspension and brakes
7.5m tray & rotating light at rear

Lot 5, 31 Blacks Road, Broughton:

Available to purchase with the business WIWO

OR for lease by negotiation if purchasing the business only

5 acre industrial block with 2 sheds, bore and lots of room for expansion
12m x 9m retail space with fully compliant parking and disabled toilet
12m x 12m with 3 phase power housing poly tank equipment with attached 12m container
Council approval for manufacture of polyethylene products
Fully compliant LPG storage
Bore equipped with jet pump, storage tank and pressure pump

Summary:

Dinotuff Products is a sound business opportunity, well positioned to realise its full potential. The vendors have done the hard work of developing the processes and equipment required and are keen to pass on their knowledge and skill to the successful purchaser. Full training and after sales assistance will be available as required. The knowledge they have of the process is not easily acquired and therefore provides protection for the business.
The business is well situated both geographically and commercially to expand as the demand for reliable water storage solutions amongst graziers, farmers and acreage owners grows. The business already has repeat customers who are well satisfied with Dinotuff Products. With sensible marketing and ongoing quality product and service, this reputation will serve the business well into the future.

Business and premises sale:

The business can be purchased WIWO complete with the premises, all manufacturing, handling and transport equipment and general goodwill for- $880,000 + SAV + GST where applicable

Business only sale:

Alternatively the business only can be purchased with all manufacturing, handling and transport equipment and general goodwill for-$480,000 + SAV + GST where applicable (Lease of the premises to be negotiated)
Disclaimer: The above report has been prepared by Slaney & Co based on information provided by the property / business owner and other credible sources. Every endeavour has been made to verify its accuracy. Whilst we trust the information to be correct, we make no warranties or guarantees and prospective purchasers must rely on their own enquiries and research. Copyright Slaney & Co

Property History for 31 Blacks Rd, Broughton, QLD 4820

A timeline of how this property has performed in the market
Last Sold
$650,000
16 Jul 2024
  • 16 Jul 2024
    Sold for $650,000
  • 16 Jul 2024
    Sold for $400,000
  • 31 Aug 2022
    Listed for Rent $450 / week
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About Broughton 4820

The size of Broughton is approximately 283.4 square kilometres. It has 8 parks covering nearly 2.6% of total area. The population of Broughton in 2011 was 654 people. By 2016 the population was 719 showing a population growth of 9.9% in the area during that time. The predominant age group in Broughton is 10-19 years. Households in Broughton are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Broughton work in a trades occupation. In 2011, 84.8% of the homes in Broughton were owner-occupied compared with 76.4% in 2016.

Broughton has 368 properties. Over the last 5 years, Houses in Broughton have seen a 71.28% increase in median value. As at 30 November 2024:

  • The median value for Houses in Broughton is $533,981 while the median value for Units is $524,763.
  • Houses have a median rent of $380.
There are currently 6 properties listed for sale, and no properties listed for rent in Broughton on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in Broughton.

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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.