OFF MARKET

56 Mary Street
Kilcoy QLD 4515

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Land area: 405m2
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Property Details for 56 Mary St, Kilcoy

Building Type
Commercial
Land Size
405m2
Local Government
Somerset Regional
Lot/Plan
4/RP3325

Last Listing description (April 2024)

Presenting to the market 56 Mary Street, Kilcoy.
Here is your Opportunity To Purchase A Freehold Property with multiple income possibilities!!

The property has the following key characteristics:

* Full commercial-grade kitchen currently operating as a Chinese restaurant with a potential rent return of $400/week*
* 4 Bedroom unit which would also rent for $400/week*
* Freehold*
* Land Area: 405m2 block with a shared driveway
* Zoning: Business or Centre
*Walk-in/Walk-out, not being sold as a going concern
* Prime Location within a busy and popular retail strip surrounded by several quality businesses
* Kilcoy - A country town located in the Somerset Regional Council. Thousands of cars travel through this picturesque town on a daily basis with numbers doubling on weekends. Ideally positioned, just a 1.5 hour drive to Toowoomba, Brisbane International Airport and Noosa National Park.

Disclaimer: Information provided by Ray White Rural Kilcoy, its employees, won't be held responsible for inaccuracies. The information offered is a general outline for the guidance of intending purchasers. Reasonable endeavors have been made to ensure that the information given is materially correct, but any intending purchaser should satisfy themselves by inspection, searches, enquiries, and survey as to the correctness of each statement. We recommend that you obtain financial, legal and taxation advice before making any decision.

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Property History for 56 Mary St, Kilcoy, QLD 4515

A timeline of how this property has performed in the market
Last Sold
$280,000
05 Jun 2018
  • 31 Jan 2024
    Listed for Sale Offers over $749,000
  • 09 Nov 2020
    Listed for Sale $700,000
  • 05 Jun 2018
    Sold for $280,000
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About Kilcoy 4515

The size of Kilcoy is approximately 3.3 square kilometres. It has 8 parks covering nearly 13.8% of total area. The population of Kilcoy in 2011 was 1,713 people. By 2016 the population was 1,906 showing a population growth of 11.3% in the area during that time. The predominant age group in Kilcoy is 30-39 years. Households in Kilcoy are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kilcoy work in a labourer occupation. In 2011, 61% of the homes in Kilcoy were owner-occupied compared with 57.4% in 2016.

Kilcoy has 961 properties. Over the last 5 years, Houses in Kilcoy have seen a 106.80% increase in median value, while Units have seen a -14.18% decrease. As at 31 October 2024:

  • The median value for Houses in Kilcoy is $561,964 while the median value for Units is $439,815.
  • Houses have a median rent of $500.
There are currently 13 properties listed for sale, and 2 properties listed for rent in Kilcoy on OnTheHouse. According to CoreLogic's data, 44 properties were sold in the past 12 months in Kilcoy.

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