OFF MARKET

2465 Mary Valley Road
Kandanga QLD 4570

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 125000m2
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Property Details for 2465 Mary Valley Rd, Kandanga

2465 Mary Valley Rd, Kandanga is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 125000m2. While the property is not currently for sale or for rent, it was last sold in October 2014.

Building Type
House
Year Built
1980
Land Size
125000m2
Local Government
Gympie Regional
Lot/Plan
5/RP159240

Last Listing description (October 2014)

Investment Opportunity
Lifestyle property of 12.5 Ha (31 acres approximately) featuring a large two storey brick and hardiplank home. Other improvements include a large metal clad shed with carport, a large dam and 53 mango trees. Part of the property is subject to a long-term lease. Tenants have lease in place until 2035.
This rural property has improved pastures (Rhodes and kikuyu grass) and a small mango plantation. The residence sits well back from the road and incorporates three bedrooms, one bathroom and parking for at least two vehicles under the home. There is an elevated deck to the rear of the home that takes in the uninterrupted country views. Other improvements include a large Colorbond shed, additional carport for machinery and a large dam.

12.5 Ha (31 acres approximately)
One dwelling with three bedrooms
Mango plantation
Improved pastures
One dam
Colorbond shed and carport, separate from the residence.
An area of 11.18 hectares of the property is subject to a long-term lease which expires in 2035.
Note: There are a number of items which will not form part of the sale contract.
Offers close 5pm, 8 October 2014.
** Additional Lease Information **
Final lease expiry date: 30.06.2035
Number of lease tranches: 4
Lease tranche details: 11.08.08 - 30.06.11; 01.07.11 - 30.06.19; 01.07.19 - 30.06.27; 01.07.27 - 30.06.35;
Annual rent: $4,034
Rent reviews: CPI annually with market review every three years.
Outgoings responsibility: Lessee is responsible for payment of council rates and building insurance
Valuation - unencumbered: $455,000
Valuation - encumbered: $210,000
#The above figures are the result of an independent market valuation recently carried out for the Queensland Government by a private valuation company.

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Property History for 2465 Mary Valley Rd, Kandanga, QLD 4570

A timeline of how this property has performed in the market
Last Sold
$220,000
27 Oct 2014
  • 27 Oct 2014
    Sold for $220,000
  • 24 Sep 2014
    Listed for Sale PRICE RELEASED 1 OCTOBER 2014
  • 11 Jul 2008
    Sold for $800,000
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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 6 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 3 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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