46 Chauvel StreetEl Arish QLD 4855
Property Details for 46 Chauvel St, El Arish
Last Listing description (February 2024)
THIS PROFITABLE FAMILY RUN BUSINESS has been operating for 60 years. Located in the heart of El Arish which is in the Mission Beach Hinterland of Tropical North Queensland.
FREEHOLD | Commercial | Retail | 3 Bed 1 Bath Residence
This stable and easy to operate business is an excellent opportunity for a semi-retiree or someone with a young family wanting to enjoy the wonderful lifestyle this area has to offer. The business has grown substantially over the past years with excellent opportunities for additional revenue due to the growing popularity of the region and its loyal customers.
? 256 boxes 100% rented with room for expansion with a backlog of customers requiring PO Boxes.
? The Post Office is easily run by one person which allows for streamlined operation and minimal expense.
? Currently operating Monday to Friday 7am to 4pm it has the flexibility to suit your requirements. (weekends optional)
? No prior experience required - all initial training and ongoing support is provided by Australia Post
? No ongoing franchise or license fees.
To boost income, it has groceries, newspapers, toys and preloved items and souveniers. Opportunities exist to incorporate other lines of diverse businesses with the show room space to do so.
The three bedroom attached home is air conditioned and has additional mezzanine living space. A fourth bedroom or extra living space would be simple to accommodate. As a rental it would attract approximately $350 per week.
For more details, financials and tender documents please contact Dii Dunlop on 0412 903 625
Freehold building details:
? 157m2 Open commercial retail area
? 50m2 Additional business storage area and office
? 103m2 attached 3 bed, 1 bath
? 61m2 vehicle accommodation for 4 vehicles
? 359m2 gross building area
? 569m2 Land area.
Property History for 46 Chauvel St, El Arish, QLD 4855
- 13 Jan 2020Listed for Sale Reduced To $450K
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About El Arish 4855
The size of El Arish is approximately 7.1 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of El Arish in 2011 was 444 people. By 2016 the population was 341 showing a population decline of 23.2% in the area during that time. The predominant age group in El Arish is 50-59 years. Households in El Arish are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in El Arish work in a labourer occupation. In 2011, 80% of the homes in El Arish were owner-occupied compared with 70.1% in 2016.
El Arish has 200 properties. Over the last 5 years, Houses in El Arish have seen a 76.25% increase in median value, while Units have seen a 154.99% increase. As at 31 October 2024:
- The median value for Houses in El Arish is $313,655 while the median value for Units is $285,389.
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