OFF MARKET

17 Mulgrave Street
Gin Gin QLD 4671

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Land area: 1012m2
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Property Details for 17 Mulgrave St, Gin Gin

Building Type
Commercial
Land Size
1012m2
Local Government
Bundaberg Regional
Lot/Plan
401/G2311

Last Listing description (April 2021)

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.

Property History for 17 Mulgrave St, Gin Gin, QLD 4671

A timeline of how this property has performed in the market
Last Sold
$370,000
03 Feb 2021
  • 03 Feb 2021
    Sold for $370,000
  • 14 Aug 2019
    Listed for Sale $400,000
  • 14 Jul 2016
    Listed for Sale $650,000
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About Gin Gin 4671

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:

  • The median value for Houses in Gin Gin is $379,135 while the median value for Units is $261,733.
  • Houses have a median rent of $420.
There are currently 11 properties listed for sale, and no properties listed for rent in Gin gin on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Gin gin.

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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.