SOLD
Sold on 11 Apr 2024 for $330,000

7-9 Eacham Place
Malanda QLD 4885

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1360m2
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Property Details for 7-9 Eacham Pl, Malanda

Building Type
Commercial
Land Size
1360m2
Local Government
Tablelands Regional
Lot/Plan
13/SP137324

Last Listing description (August 2024)

Low maintenance commercial opportunity with multiple long term tenants. Ideally located in the township of Malanda with street access front and rear this property has two reputable tenants with well established businesses. Warehouse and retail on one side with drive through set up from front to rear. Hair Studio on the other with full set up as well as additional space which could be use to rent out as storage for a third income stream.

Property is set on a 1,359m2 block within 100m of English Street - the heart of Malanda. Building is block construction and has had roof, gutters and downpipes replaced in the past year so no major works to do.

For more information please call exclusive agent Alex Payne on 0409 328 153.

Property History for 7-9 Eacham Pl, Malanda, QLD 4885

A timeline of how this property has performed in the market
Last Sold
$330,000
11 Apr 2024
  • 11 Apr 2024
    Sold for $330,000
  • 06 Jun 2023
    Listed for Sale $350,000
  • 10 May 2021
    Listed for Sale $ 500,000
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About Malanda 4885

The size of Malanda is approximately 44.8 square kilometres. It has 3 parks covering nearly 0.4% of total area. The population of Malanda in 2011 was 2,052 people. By 2016 the population was 1,996 showing a population decline of 2.7% in the area during that time. The predominant age group in Malanda is 60-69 years. Households in Malanda are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Malanda work in a professional occupation. In 2011, 66.5% of the homes in Malanda were owner-occupied compared with 70.2% in 2016.

Malanda has 1,128 properties. Over the last 5 years, Houses in Malanda have seen a 64.85% increase in median value, while Units have seen a 25.52% increase. As at 30 November 2024:

  • The median value for Houses in Malanda is $520,562 while the median value for Units is $375,410.
  • Houses have a median rent of $450 while Units have a median rent of $220.
There are currently 22 properties listed for sale, and 1 property listed for rent in Malanda on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Malanda.

Suburb Insights for Malanda 4885

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LJ Hooker Malanda
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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.