115 Yappar StreetKarumba QLD 4891
Property Details for 115 Yappar St, Karumba
Last Listing description (May 2019)
Karumba is renowned for its fishing, a sleepy getaway destination for the enthusiast fisher or for the families who like the thrill of the ocean without all the tourism like Townsville.
Located on the gulf of Carpentaria opens economy to primary resources such as fishing and prawns, which means Karumba thrives on business and leisure. If fishing wasnt in the game, Century Zinc certainty attributes to the continual life of the town. With such a prime location, its only a matter of time before expansion allows for railways to connect Karumba to the main tracks, allowing economy to flow through the town as well as the river does.
The Karumba Trade Centre is a lucrative opportunity waiting for the savvy investor to snatch up. With a generous 2,222m2 for land area with street frontage on Yappar Street and Edmonton Street in the industrial centre of town. This places Karumba Trade Centre at a crux position of access to main roads and side roads, with profitable opportunity metres from the Norman River for transportation and export.
Heres whats in the package:
24 rental spaces with solid investment return, including warehouse office and caretakers residence (Full information available upon inquiry).
Building 1: 608m2 comprising of a workshop, storage bays, communal bathroom, laundry facility, mezzanine floor office, and oil/water separator.
Building 2: 221m2 comprising one workshop, storage bays and caretakers room.
Property also features security fencing, safe waste oil/water separator, photo cell operated secure lighting underground power to safety switched power, concrete apron to Edmonton Street, contoured drainage to rear boundary.
4 separate metered points and one community powered meter. All power is run under the building slabs. Colourbond roofing and walls, all partitions are removable. This is a purpose built industrial development built to the highest standards. All original drawings and details available. Land is Freehold.
Greater returns can be obtained by subdivision, addition of further mezzanine flooring and more efficient use of the floor space, targeted promotion of the boat storage potential, increased renting of the yard and improved management and local promotion, just for some beginner ideas! Ideal for a major tenant such as a hardware or similar outlet and associated trade based tenants.
Additionally, with a Zinc Mine re-opening close-by, the addition of exports from Karumba may well increase the traffic to town.
With such opportunities within your grasp, why not call and inquire today?
For more information regarding any of the above, please contact John Tully on 0429 029 289.
Property Code: 1673
Property History for 115 Yappar St, Karumba, QLD 4891
- 21 May 2018Listed for Sale $870,000
- 20 Apr 2009Listed for Sale PRICE ON APPLICATION
- 31 May 2008Listed for Sale 950000
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0About Karumba 4891
The size of Karumba is approximately 136.9 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Karumba in 2011 was 587 people. By 2016 the population was 522 showing a population decline of 11.1% in the area during that time. The predominant age group in Karumba is 50-59 years. Households in Karumba are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Karumba work in a labourer occupation. In 2011, 50% of the homes in Karumba were owner-occupied compared with 57.4% in 2016.
Karumba has 410 properties. Over the last 5 years, Houses in Karumba have seen a 4.74% increase in median value, while Units have seen a -4.36% decrease. As at 31 October 2024:
- The median value for Houses in Karumba is $157,178 while the median value for Units is $288,166.
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