OFF MARKET

2140 Mary Valley Road
Kandanga QLD 4570

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 337913m2
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Property Details for 2140 Mary Valley Rd, Kandanga

Building Type
Land
Land Size
337913m2
Local Government
Gympie Regional
Lot/Plan
319/L37206

Last Listing description (October 2014)

Investment opportunity
** Open for inspection Sat 25th October 2.15pm-2.45pm **
Take in the stunning views on this 33.79 Ha (83.49 acres approximately) property. There is a shed, large dam and old timber fenced yards onsite. Part of the property is subject to a long-term lease. The tenants have lease in place until 2035.

The property elevates to the rear which offers stunning views of the Mary Valley. This mostly cleared and undulating property includes a Colorbond shed, a large dam and old timber stock yards.
??? 33.79 Ha (83.49 acres approximately)
??? Large dam
??? Mostly cleared usable land
??? Old timber fenced yards onsite.
An area of 18.36 Ha of the property is subject to a long-term lease until 2035.
Final lease expiry date: 30.06.35
Number of lease tranches: 4
Lease tranche details: 27.06.2008 - 30.06.2011,01.07.2011 - 30.06.2019, 01.07.2019 - 30.06.2027, 01.07.2027 - 30.06.2035
Annual rent: $1,854
Rent reviews: CPI annually with market review every three years
Outgoings responsibility: The tenant is responsible for the payment of council rates and building insurance.
Valuation - encumbered: $295,000
Valuation - unencumbered: $400,000
Note : The above figures are the result of an independent
market valuation recently carried out for the Queensland Government by a private valuation company.
Offers close 5pm, 29 October 2014.

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Property History for 2140 Mary Valley Rd, Kandanga, QLD 4570

A timeline of how this property has performed in the market
Last Sold
$295,000
25 Nov 2014
  • 25 Nov 2014
    Sold for $295,000
  • 15 Oct 2014
    Listed for Sale OFFERS FROM $295,000
  • 06 Jun 2008
    Sold for $962,500
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About Kandanga 4570

The size of Kandanga is approximately 47.2 square kilometres. The population of Kandanga in 2011 was 535 people. By 2016 the population was 664 showing a population growth of 24.1% in the area during that time. The predominant age group in Kandanga is 50-59 years. Households in Kandanga are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kandanga work in a labourer occupation. In 2011, 42.4% of the homes in Kandanga were owner-occupied compared with 66.8% in 2016.

Kandanga has 312 properties. Over the last 5 years, Houses in Kandanga have seen a 107.44% increase in median value, while Units have seen a -32.50% decrease. As at 31 October 2024:

  • The median value for Houses in Kandanga is $734,841 while the median value for Units is $659,650.
  • Houses have a median rent of $330.
There are currently 2 properties listed for sale, and 3 properties listed for rent in Kandanga on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Kandanga.

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