2 Koah RoadKoah QLD 4881
Property Details for 2 Koah Rd, Koah
Last Listing description (November 2014)
Koah Roadhouse - Freehold & Business
Colliers International (Cairns) Pty Ltd is pleased to offer for sale the freehold and business known as the Koah Roadhouse ; representing one of the few remaining independently owner operated service stations on the Tablelands.
This established and profitable business enjoys prominent exposure to constant passing traffic along the Kennedy Highway, positioned equidistance between the main centres of Kuranda and Mareeba.
The Koah Roadhouse represents equal opportunity for an owner operator to be more active in the day-to-day operations, improving on the existing strong profits; or for an investor to enter into a long-term lease agreement with one of the major oil companies to enjoy a passive investment.
Major Highlights Include:
High yielding opportunity
Annual growth past 3 years
Purpose built facility on 3999sqm* freehold
Ample room for future expansion
Workshop under lease with local RACQ operator
The Koah Roadhouse (as a going concern) is for sale by Formal Offer, closing at 4pm on Thursday 6 November 2014.
Interested parties are invited to contact marketing agent Jay Beattie of Colliers International on 0428 551 062, to secure a detailed information pack and to arrange for a private inspection.
*approximate only.
Property History for 2 Koah Rd, Koah, QLD 4881
- 26 Jun 2015Sold for $1,600,000
- 01 Oct 2014Listed for Sale HIGHWAY ROADHOUSE UP FOR SALE
- 08 Aug 2003Sold for $530,000
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0About Koah 4881
The size of Koah is approximately 225.3 square kilometres. It has 8 parks covering nearly 109.9% of total area. The population of Koah in 2011 was 575 people. By 2016 the population was 605 showing a population growth of 5.2% in the area during that time. The predominant age group in Koah is 40-49 years. Households in Koah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Koah work in a trades occupation. In 2011, 74.7% of the homes in Koah were owner-occupied compared with 79.4% in 2016.
Koah has 336 properties. Over the last 5 years, Houses in Koah have seen a 74.70% increase in median value, while Units have seen a 114.16% increase. As at 31 October 2024:
- The median value for Houses in Koah is $738,057 while the median value for Units is $564,669.
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