445 Flaxton DriveFlaxton QLD 4560
Property Details for 445 Flaxton Dr, Flaxton
Last Listing description (October 2023)
445 Flaxton Drive is a commercial and residential property offering excellent returns supported by a secure property investment in the very best of locations on the range in this gorgeous rural setting. Contact the agent for income and expenses details. The leaseholder of the retail shop and caf know as the The Barn on Flaxton is well established and settled in to stay.
The Barn was built in the 1920s as a pineapple packing shed and had a variety of uses down the years. For over 50 consecutive years it has traded as an immensely popular country caf of wide renown, offering great food, coffee, and beverages as well as local produce, homewares, and bric-a-brac.
The property also offers a large residence currently split into three self-contained units of varying size and amenity. It would be easy to reinstate the original home if preferred. The units are currently let on a permanent basis producing a solid return for investors. Some may consider switching to AIRBNB down the track for higher returns however the existing long term tenants are very reliable and engage well with their neighbours. Improvements to the units would see higher returns.
Contact the agent for the full details of the property, commercial lease, and residential tenancies. A current Building and Pest report is available. Floor plans are linked to the online listing. You will find 'The Barn on Flaxton' caf and retail shops website online.
History
Flaxton Barn was built in the early 1920s as a pineapple packing shed. The dirt floor and open-ended barn originally had horse driven wagons enter via one end, pack pineapples and exit the other end. In November 1969 it commenced trading as caf and has continued ever since. This may be the Sunshine Coast's oldest continuous retail business. The Flaxton Barn has been everything from a silversmith and jeweller, to antiques, homewares, wines, books and always a caf.
The Area
Flaxton is a residential green gem highly sought after as a place to live and relax. The picturesque suburb is 400m above sea level on the edge of the Blackall Range with its iconic area status and average annual rainfall of 1770mm. Kondalilla National Park and Kondalilla Falls offer picturesque walks and park facilities. Several caf's offer locals the chance to walk to great food and coffee. It lies 30 minutes inland from Maroochydore and 10 minutes from the popular town of Nambour with its hospitals, medical, shopping and all services. It offers a comfortable, private, and serene lifestyle, while still being convenient to schools, services, the airport, and the coastal beaches. Brisbane Airport is 110 km's highway drive away. Sunshine Coast Airport is 30 minutes by car.
Property History for 445 Flaxton Dr, Flaxton, QLD 4560
- 11 Aug 2023Sold for $1,675,000
- 17 Jun 2022Listed for Sale $1,675,000
- 24 Sep 2011Listed for Sale $295,000 PLUS STOCK (EST $70,000)
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About Flaxton 4560
The size of Flaxton is approximately 11.6 square kilometres. It has 6 parks covering nearly 59.4% of total area. The population of Flaxton in 2011 was 883 people. By 2016 the population was 923 showing a population growth of 4.5% in the area during that time. The predominant age group in Flaxton is 60-69 years. Households in Flaxton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Flaxton work in a professional occupation. In 2011, 80.1% of the homes in Flaxton were owner-occupied compared with 86.5% in 2016.
Flaxton has 508 properties. Over the last 5 years, Houses in Flaxton have seen a 70.34% increase in median value. As at 31 July 2024:
- The median value for Houses in Flaxton is $1,138,312 while the median value for Units is $581,165.
- Houses have a median rent of $440.
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