Freehold Shop and Separate Residence.
This well established discount freehold variety store is offered for sale to pave the way to retirement, for the husband and wife owners. The store is well located on the main highway through the delightful regional township of Gin Gin Queensland with excellent exposure to the abundant passing traffic. The business is fully stocked which is included in the Walk in Walk out price, together with all shop fittings and equipment. At the rear of the shop is a tidy 4 bedroom residence that can be utilised by the new owner, or leased for additional income.
Great value as Freehold Property valuation is approximately $400,000. Get the business for nothing.
Rare Freehold Business Opportunity.
The size of Gin Gin is approximately 33.8 square kilometres. It has 1 park covering nearly 0.8% of total area. The population of Gin Gin in 2011 was 1,190 people. By 2016 the population was 1,066 showing a population decline of 10.4% in the area during that time. The predominant age group in Gin Gin is 60-69 years. Households in Gin Gin are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gin Gin work in a labourer occupation. In 2011, 62.8% of the homes in Gin Gin were owner-occupied compared with 58.8% in 2016.
Gin Gin has 802 properties. Over the last 5 years, Houses in Gin Gin have seen a 139.34% increase in median value, while Units have seen a 647.06% increase. As at 31 October 2024:
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