OFF MARKET

53793 Bruce Highway
Machine Creek QLD 4695

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 869m2
Land area: 12480m2
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Property Details for 53793 Bruce Hwy, Machine Creek

Building Type
Commercial
Floor Size
869m2
Land Size
12480m2
Local Government
Gladstone Regional
Lot/Plan
1/RP609780

Last Listing description (August 2013)

Travellers Rest Service Station & Caravan Park, Mount Larcom - north-west of Gladstone
Travellers Rest Service Station and Caravan Park comprises a roadhouse style service station and caravan park located at Mt Larcom approx 35klms north west of Gladstone. The service station and caravan park is leased to Australian Fuel Distributors Pty Ltd (Aus Fuel Gull), trading as Choice Petroleum, until October 2021 with a 5 year option thereafter. Aus Fuel Gull is Australia's largest independent and fully integrated oil company with over 200 retail sites and 11 depots across Australia. The three industrial sheds at the rear of the site are currently leased as office accommodation to Fulton Hogan Construction until May 2013.
Travellers Rest Service Station and Caravan Park is located on the Bruce Highway, in Mount Larcom, approximately 35kms* north-west of Gladstone. The property benefits from excellent exposure to passing traffic on the Bruce Highway, being accessible by traffic travelling in both directions along the Highway.

The property provides an investment opportunity with the following key attributes:
* 1.248 hectare (approx) highway front site improved with a service station and caravan park
* 14 site caravan park with 4 demountable cabins and 3 industrial sheds
* Major national tenant - Australian Fuel Distributors Pty Ltd (Ausfuel Gull) trading as Choice Petroleum
* Long lease tenure until October 2021 plus a 5 year option
Net lease - tenant responsible for 91.16% of recoverable outgoings
* Prime, high exposure location on the Bruce Highway
* For Sale by Pricate Treaty - Sale Price: $1.4 Million - Written offers including full terms are to be addressed to Exclusive Selling Agent, Savills

Property History for 53793 Bruce Hwy, Machine Creek, QLD 4695

A timeline of how this property has performed in the market
Last Sold
$7,313,432
20 Aug 2018
  • 20 Aug 2018
    Sold for $7,313,432
  • 05 May 2015
    Sold for $1,000,000
  • 05 Aug 2013
    Listed for Sale 1400000
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About Machine Creek 4695

The size of Machine Creek is approximately 34 square kilometres. The population of Machine Creek in 2011 was 460 people. By 2016 the population was 104 showing a population decline of 77.4% in the area during that time. The predominant age group in Machine Creek is 40-49 years. Households in Machine Creek are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Machine Creek work in a machinery operators and drivers occupation. In 2011, 77.2% of the homes in Machine Creek were owner-occupied compared with 102.3% in 2016..

Machine Creek has 69 properties. Over the last 5 years, Houses in Machine Creek have seen a 164.68% increase in median value. As at 31 October 2024:

  • The median value for Houses in Machine Creek is $594,789 while the median value for Units is $610,427.
There are currently no properties listed for sale, and no properties listed for rent in Machine creek on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Machine creek.

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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.