OFF MARKET

10 Tarbet Street
Kenmore QLD 4069

Bedrooms: 5
Bathrooms: 2
Car spaces: 3
Floor area: 300m2
Land area: 759m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 30 Dec 2024
Low

High
Save

Property Details for 10 Tarbet St, Kenmore

10 Tarbet St, Kenmore is a 5 bedroom, 2 bathroom House with 3 parking spaces and was built in 1975. The property has a land size of 759m2 and floor size of 300m2. While the property is not currently for sale or for rent, it was last sold in December 2000.

Building Type
House
Year Built
1975
Floor Size
300m2
Land Size
759m2
Local Government
Brisbane
Lot/Plan
101/RP90136

Last Listing description (January 2013)

Cold Storage Humidty Control
This is a well established business that derives income from the rental of humidity control 'filters' installed with cold storage facilities. Extremely low outgoings, reusable stock, regular income.
Price $245,000

This business was originally established in Aug 2005 and has grown to produce a stable and repetitive income on a 4 weekly basis.
The business is currently operated by the QLD/NT Franchisor and is reluctantly being offered for sale due to health and personal reasons.
The Franchised territory currently operated by the Franchisor extends from the Brisbane CBD and inner southern suburbs, to the outer northern suburbs of Brisbane. The Franchisor is willing to divide this region into two Franchised Territories, or offer as one single Territory to an appropriately motivated and financial purchaser.
An offer to sell the Franchising rights for QLD & NT may also be discussed with a suitably interested purchaser.
Current annual earnings from the two Brisbane Territories is approximately $150k. Total time commitment for the annual income is 8-9 working days per 20 day (4 week) rotation. Each customer's facility is serviced once per rotation.
This Franchise currently provides regular services to numerous iconic Hotels, Hospitals, Restaurants, Food Manufacturers, Fruit & Vegetable Retailers, Butchers, Seafood Markets and Food Retail Franchises with Brisbane's CBD and Northern Suburbs.
The relevant target market for this Franchise can be best identified as any businesses that utilise cold storage (Cold Rooms or Freezers).
The business does not require skills or knowledge associated with cold storage or refrigeration and training will be provided.
Stock value identifies minimum stock to service the current client base. Additional stock is available from the Franchisor.
*Effort associated with the $75k PA turnover - 4-5 days per 20 day rotation (4 weeks)
Non Franchisor owned Franchises are currently operated in the following areas:
Brisbane South (Two Franchises Territories - 1 Franchisee)
Toowoomba
Gold Coast
Greater QLD and the Northern Territory is yet to be developed.

Property History for 10 Tarbet St, Kenmore, QLD 4069

A timeline of how this property has performed in the market
Last Sold
$170,000
20 Dec 2000
  • 24 Jan 2013
    Listed for Sale 245000
  • 20 Dec 2000
    Sold for $170,000
  • 01 Jun 1987
    Sold for $56,500

Commute Calculator

About Kenmore 4069

The size of Kenmore is approximately 5.8 square kilometres. It has 21 parks covering nearly 9% of total area. The population of Kenmore in 2011 was 8,482 people. By 2016 the population was 8,967 showing a population growth of 5.7% in the area during that time. The predominant age group in Kenmore is 40-49 years. Households in Kenmore are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kenmore work in a professional occupation. In 2011, 81.3% of the homes in Kenmore were owner-occupied compared with 80.8% in 2016.

Kenmore has 4,178 properties. Over the last 5 years, Houses in Kenmore have seen a 72.57% increase in median value, while Units have seen a 61.91% increase. As at 30 November 2024:

  • The median value for Houses in Kenmore is $1,253,086 while the median value for Units is $982,558.
  • Houses have a median rent of $793 while Units have a median rent of $760.
There are currently 44 properties listed for sale, and 15 properties listed for rent in Kenmore on OnTheHouse. According to CoreLogic's data, 190 properties were sold in the past 12 months in Kenmore.

Suburb Insights for Kenmore 4069

Market Insights
Kenmore Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Kenmore Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.