OFF MARKET

58 Mocatta Street
Goombungee QLD 4354

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2681m2
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Property Details for 58 Mocatta St, Goombungee

Building Type
Commercial
Land Size
2681m2
Local Government
Toowoomba Regional
Lot/Plan
10/RP2477

Last Listing description (July 2023)

FREEHOLD SALE ONLY - Business not for sale.

Now the opportunity presents itself to purchase the home of "The Goombungee Pub". A property that commands a strong high exposure position on the main street of Goombungee with great site coverage and plenty of growth potential for the eventual purchaser.



Property Highlights:

Commercial Kitchen, Dining Area, Fire place, Main Bar area
Outdoor dining / beer garden area and plenty of off-street parking
Situated on a 2681m2 block in the main street
Approx 9m x 7.8m Shed plus another approx. 9m x 3.2m shed plus Solar
Three bedroom manager's quarters adjoining the hotel with bathroom facilities, air conditioning kitchen and laundry
Positioned approx. 36klm from Toowoomba.
This property presents a unique opportunity for the savvy investor with a fantastic long-term tenant in place with a great lease.

The opportunity is now with an outstanding long-term tenant in place.
Property inspections by appointment only.

The Pioneer Arms Hotel has been an icon of the Goombungee community for many years with many more to come. Call the Melita Bell Team for all enquires on 0411 643 650 or 0427 796 554. This could be your next perfect investment to add to your investment portfolio.

General rates: approx. $1,375.77 net per half-year
Water rates: approx. $531.50 net per half year plus consumption

Advertising Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 58 Mocatta St, Goombungee, QLD 4354

A timeline of how this property has performed in the market
Last Sold
$843,900
23 May 2023
  • 23 May 2023
    Sold for $843,900
  • 28 Mar 2023
    Listed for Sale Expression of Interest
  • 01 Oct 2014
    Sold for $750,000
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About Goombungee 4354

The size of Goombungee is approximately 76.5 square kilometres. The population of Goombungee in 2011 was 1,032 people. By 2016 the population was 1,045 showing a population growth of 1.3% in the area during that time. The predominant age group in Goombungee is 0-9 years. Households in Goombungee are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Goombungee work in a trades occupation. In 2011, 74.5% of the homes in Goombungee were owner-occupied compared with 75.7% in 2016.

Goombungee has 559 properties. Over the last 5 years, Houses in Goombungee have seen a 111.71% increase in median value. As at 31 October 2024:

  • The median value for Houses in Goombungee is $495,625 while the median value for Units is $412,341.
  • Houses have a median rent of $270.
There are currently 11 properties listed for sale, and 2 properties listed for rent in Goombungee on OnTheHouse. According to CoreLogic's data, 24 properties were sold in the past 12 months in Goombungee.

Suburb Insights for Goombungee 4354

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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.