OFF MARKET

24998 Bruce Highway
Gumlu QLD 4805

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 395757m2
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Property Details for 24998 Bruce Hwy, Gumlu

Building Type
Rural
Land Size
395757m2
Local Government
Whitsunday Regional
Lot/Plan
5/RP748673

Last Listing description (April 2021)

This is a profitable family business opportunity with excellent expansion possibilities. The fruit and vegetable stall is situated at a shady location in an 80kph zone at the northern entrance of Gumlu township on the Bruce Highway between Bowen and Home Hill. There is a 2.2 ha road lease the full length of the property allowing excellent advertising exposure and making traffic entry safe with plenty of room for customer parking to this popular market outlet .The outlet is frequented all year round by locals, family and business travellers and throngs of caravanners and grey nomads calling to supplement their fresh fruit and vegetable supplies.

The 100 acre farm has the potential to supply the major portion of produce such as Tomatoes, Mangoes, Pumpkins, Melons, Capsicum, Eggplant etc with further produce such as Honey, Preservatives, Strawberries, Pineapples, Oranges etc can either be sourced locally or from chosen Southern Suppliers.

The farm has bore water with at least four pumps and pipes with outlets to 50 acres of land under cultivation. The remaining 50 acres can be easily utilised without major expense.

There is a full range of tractors and equipment to operate the farm and a large machinery and packing shed with cold room. The vendors have recently relocated a low set timber home to the property and are planning to renovate it. A block of back packer cabins with showers and toilets accommodate workers during the harvesting periods.

The enterprise has unlimited expansion possibilities with some ideas such as fast food outlet, ice cream & coffee bar, children's playground & farm rides, rest stop etc. This location on the long stretch of Highway offers a welcome stopover for a rest break and a stock up opportunity for fresh produce purchase.

Please call for more information or to arrange an inspection.

Property History for 24998 Bruce Hwy, Gumlu, QLD 4805

A timeline of how this property has performed in the market
Last Sold
$400,000
01 Dec 2011
  • 16 Dec 2016
    Listed for Sale $720,000 Neg
  • 01 Dec 2011
    Sold for $400,000
  • 15 Apr 1998
    Sold for $89,665
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About Gumlu 4805

The size of Gumlu is approximately 388.5 square kilometres. The population of Gumlu in 2011 was 221 people. By 2016 the population was 165 showing a population decline of 25.3% in the area during that time. The predominant age group in Gumlu is 30-39 years. Households in Gumlu are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Gumlu work in a managers occupation. In 2011, 62.2% of the homes in Gumlu were owner-occupied compared with 70% in 2016..

Gumlu has 97 properties. Over the last 5 years, Houses in Gumlu have seen a 116.48% increase in median value. As at 30 September 2024:

  • The median value for Houses in Gumlu is $265,869 while the median value for Units is $1,109,523.
There are currently 1 property listed for sale, and no properties listed for rent in Gumlu on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Gumlu.

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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.