OFF MARKET

45 Main Street
Kandanga QLD 4570

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 4m2
Land area: 690m2
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Property Details for 45 Main St, Kandanga

Building Type
Commercial
Floor Size
4m2
Land Size
690m2
Local Government
Gympie Regional
Lot/Plan
4/RP71515

Last Listing description (June 2015)

Single level Kandanga retail shop premises with attached two level residence at the rear. The shop is currently utilised as the Kandanga Post Office and is subject to a long-term lease. Tenants have lease in place until 2035.
The four bedroom attached dwelling includes two bedrooms downstairs as well as plenty of storage space, with the potential to improve.
Upstairs there are two additional bedrooms, a bathroom, open plan kitchen and living area and an elevated undercover deck.

This building is well known by locals and is one of a small number of commercial outlets within the township. The shop is currently utilised as the Kandanga Post Office and the entire premises is subject to a long-term lease until 2035.
690m2 central site
Retail shop with attached dwelling
Zoned commercial
Four bedrooms plus plenty of storage space
Elevated undercover deck.
** Additional Lease Information **
Final lease expiry date: 30.06.2035
Number of lease tranches: 1
Lease tranche details: 16.11.07 - 30.06.35;
Annual rent: $5,843
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: $235,000
Valuation - encumbered: $143,000
#The above figures are the result of an independent market valuation recently carried out for the Queensland Government by a private valuation company.

Property History for 45 Main St, Kandanga, QLD 4570

A timeline of how this property has performed in the market
Last Sold
$75,000
23 Jun 2015
  • 23 Jun 2015
    Sold for $75,000
  • 24 Sep 2014
    Listed for Sale Offers from $120,000
  • 02 Nov 2007
    Sold for $385,000
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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 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 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.

Suburb Insights for Kandanga 4570

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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.