OFF MARKET

33 Mckenzie Street
Millmerran QLD 4357

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 8978m2
Land area: 8978m2
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Property Details for 33 Mckenzie St, Millmerran

Building Type
Commercial
Floor Size
8978m2
Land Size
8978m2
Local Government
Toowoomba Regional
Lot/Plan
9/SP153101

Last Listing description (March 2020)

This country Queensland tavern is really humming under the guidance of the experienced vendors. It's also smack in the middle of where the worlds largest solar farm is going to be built. Buy now and cash in!


- 23.5% ROI - how good is that?
- Consistent year on year growth over the last two years of ownership
- Opportunity for further growth
- Experienced staff to assist with transmission
- Spacious tavern plenty of room to move
- Four motel rooms now operating
- DA approval for four more motel rooms
- Great position beside caravan park
- 9 EGMS some due to be refurbished
- Additional income when motel rooms built included in the ask price
- Worlds largest solar farm to go ahead. Will bring in a massive influx of workers

NB: Property inspections are by appointment only

Property History for 33 Mckenzie St, Millmerran, QLD 4357

A timeline of how this property has performed in the market
Last Sold
$525,000
01 Apr 2014
  • 11 Aug 2016
    Listed for Sale $1,630,000 + SAV
  • 17 Mar 2016
    Listed for Sale $1,500,000 + Stock
  • 01 Apr 2014
    Sold for $525,000
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About Millmerran 4357

The size of Millmerran is approximately 140.8 square kilometres. It has 11 parks covering nearly 0.3% of total area. The population of Millmerran in 2011 was 1,564 people. By 2016 the population was 1,580 showing a population growth of 1.0% in the area during that time. The predominant age group in Millmerran is 50-59 years. Households in Millmerran are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Millmerran work in a labourer occupation. In 2011, 65.4% of the homes in Millmerran were owner-occupied compared with 64.6% in 2016.

Millmerran has 950 properties. Over the last 5 years, Houses in Millmerran have seen a 88.40% increase in median value, while Units have seen a 12.59% increase. As at 31 October 2024:

  • The median value for Houses in Millmerran is $362,244 while the median value for Units is $329,341.
  • Houses have a median rent of $290 while Units have a median rent of $180.
There are currently 7 properties listed for sale, and no properties listed for rent in Millmerran on OnTheHouse. According to CoreLogic's data, 39 properties were sold in the past 12 months in Millmerran.

Suburb Insights for Millmerran 4357

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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.