201 Garradunga RoadGarradunga QLD 4860
Property Details for 201 Garradunga Rd, Garradunga
201 Garradunga Rd, Garradunga is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1930. The property has a land size of 900m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (October 2023)
The post boxes are still in place, but the mail hasn't been delivered for many years since the village post office at Garradunga Closed.
It is rare and exciting opportunity to purchase this beautiful historic building with its bloodlines tracing back to the early heyday of the village. The same village which has seen a resurrection over recent years with the popular new publicans changing the face of the village. There are new houses recently built and just 10 minutes from Innisfail town centre this property offers all the peace and tranquillity of village living yet with all services jut minutes down the road.
In essence you have two homes in one on this 900 sqm block. It has a long road frontage and great main road exposure. The main house is a lovely art deco style concrete residence which is currently tenanted but can be offered with vacant possession. The kitchen is both practical and charming and all three bedrooms of generous proportions. The bathroom is neat and tidy and the extra sunroom off the kitchen would be great for an office or casual dining area looking over the rear yard. The house tenant is paying $280 per week and recently a residential tenant in the shop was paying the same. On this basis it comes in just shy of 10% Gross return.
Now what to do with the old Post Office. It has a full kitchen and bathroom together with a massive open plan bedroom living area. It was rented as it is, or if you want to trade from it, that could certainly work. The artisan in the family will absolutely love this space. I imagine an artist using it is as a studio/ gallery.
Just to cap it off there is a double garage out the back, a wide covered front veranda from which to watch the world go by and the old cool room is still in place.
This is an exciting opportunity at a completely realistic price and would suit both investors and owner occupiers.
Contact Michael Skuse
Property History for 201 Garradunga Rd, Garradunga, QLD 4860
- 05 Sep 2023Sold for $290,000
- 19 Apr 2023Listed for Sale $300,000
- 14 Oct 2010Listed for Sale 420000
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About Garradunga 4860
The size of Garradunga is approximately 8.1 square kilometres. The population of Garradunga in 2011 was 329 people. By 2016 the population was 131 showing a population decline of 60.2% in the area during that time. The predominant age group in Garradunga is 50-59 years. Households in Garradunga are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Garradunga work in a managers occupation. In 2011, 82.9% of the homes in Garradunga were owner-occupied compared with 94.8% in 2016..
Garradunga has 63 properties. Over the last 5 years, Houses in Garradunga have seen a 98.54% increase in median value. As at 31 August 2024:
- The median value for Houses in Garradunga is $530,629.
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