OFF MARKET

67 Groves Road
Bungundarra QLD 4703

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 566623m2
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Property Details for 67 Groves Rd, Bungundarra

Building Type
Commercial
Land Size
566623m2
Local Government
Livingstone
Lot/Plan
2/RP607476

Last Listing description (December 2020)

Lizard Mountain Nursery (Production & Wholesale Business)
* 20km NW of Yeppoon on Groves Rd Bungundarra
* 56.66Ha - 140Acres positioned on the elevated slopes of Lizard Mountain


* Nursery comprises 15 shade houses totalling 15,000 square metres and 8000 square metres of full sun growing area. The remaining acreage consists of natural bushland and improved pastures divided into 3 paddocks.

*3 equipped bores and 1 dam servicing an automated watering system.

*Buildings include:
6 Bay machinery shed
4 bay machinery/storage shed
Potting mix & production shed c/w automated mixing and potting machines
Dispatch shed and loading bay with B-double access
Offices, lunchroom, amenities and workshop.
Comfortable 5-bedroom lowset home with ensuite, spacious living areas
complemented by wide open verandahs and deck giving excellent views of the district.

*Established in 1989, this highly reputable production business has strong and secure clientele, supplying chain stores, wholesale nurseries and independent garden centres throughout Queensland and interstate.

* The business focus is palms and cycads specialising in Golden Cane, and Rhapis along with some less common varieties that are rarely produced by others.

* Consistently strong stock levels maintained through on farm seed collection and propagation.

* Impressive and consistent turn over with excellent profitability.

* Operated on a Monday to Friday basis employing the equivalent of 6 full time staff

* High potential for further development or diversification

* A strong business in an industry where demand continually exceeds supply.

* Being offered WIWO with high stock levels plus a full range of plant and equipment

* "Business figures" available to genuine prospective purchasers

Should you have any further queries, please contact Virgil or Jess.

Property History for 67 Groves Rd, Bungundarra, QLD 4703

A timeline of how this property has performed in the market
Last Sold
$1,600,000
21 Apr 2020
  • 21 Apr 2020
    Sold for $1,600,000
  • 27 Jun 2019
    Listed for Sale $2,500,000
  • 23 Jan 2019
    Listed for Sale $2,500,000
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About Bungundarra 4703

The size of Bungundarra is approximately 69.1 square kilometres. The population of Bungundarra in 2011 was 433 people. By 2016 the population was 520 showing a population growth of 20.1% in the area during that time. The predominant age group in Bungundarra is 50-59 years. Households in Bungundarra are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bungundarra work in a trades occupation. In 2011, 90.3% of the homes in Bungundarra were owner-occupied compared with 87.8% in 2016.

Bungundarra has 274 properties. Over the last 5 years, Houses in Bungundarra have seen a 106.99% increase in median value. As at 31 October 2024:

  • The median value for Houses in Bungundarra is $1,014,499 while the median value for Units is $564,401.
There are currently 7 properties listed for sale, and no properties listed for rent in Bungundarra on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Bungundarra.

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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.