OFF MARKET

1 Millstream Parade
Millstream QLD 4888

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 24420m2
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Property Details for 1 Millstream Pde, Millstream

Building Type
Land
Land Size
24420m2
Local Government
Tablelands Regional
Lot/Plan
12/RP749588

Last Listing description (April 2023)

Everything to gain, nothing to lose.

Own your own popular convenience store.
It has a takeaway/caf and a residence, it is on freehold land, with a 2 bedroom home all under the one roof.

Only 10 mins from the beautiful Ravenshoe, 50 mins from Atherton, 70 mins to Innisfail and 30 minutes to Millaa Millaa.

This is the highlands of savannah country, with the diversities of nature all around this region, what a place to live!
Approximately 4 acres situated on the corner of the Kennedy Highway and Millstream Estates, servicing the local community and passing tourists, with the convenience of having the general store section, locals do not need to travel far for essential pick-ups such as bread and milk, or maybe to grab a tasty meal for dinner while on their way home from work.

The "Milly Store" has the best wedges with sour cream and chilli sauce to go! Oh the Burgers, they are fresh and delicious! Tea, coffee, and shakes to go, the food really is a big hit! Try it for yourself.

The 5yr old colour bond-building features a 2 bedroom residence, a large shop area with a commercial kitchen and a firewall, a 4-metre bullnose veranda, three sides, and a 2-metre veranda at the back with public toilets, storeroom/office and loading bay.
The property also has bore water (90m depth) with two holding tanks and an electric pressure pump with two 4.5kva generators for power outages and solar panels.

In the 4yrs of operation, the business has doubled its profits, and still, it hasn't reached its full potential. This is a good family business opportunity, or for the like-minded entrepreneur.
With strong growth trends you have ample opportunities to bring in your own style and culinary skills, and really push the profit margin higher; and with 4 acres on offer, the vision for future expansion or add on concepts, is unlimited.
A home base and instant income, it really is a double deal; this is a WIWO offer and one to consider.

Current owner has had discussions and meetings with the local council regarding the business's expansion to include caravan park, yurts, and a communal area. If you add this to the existing business, you have a very unique and successful business concept that will blossom. (see picture for the concept)

Financials and inventory list is available.

Call me for a viewing today!
Vikki Burnett 0472910300
Email - vikki@atrealty.com.au

Property History for 1 Millstream Pde, Millstream, QLD 4888

A timeline of how this property has performed in the market
Last Sold
$60,000
04 May 2017
  • 15 Mar 2021
    Listed for Sale $750,000
  • 04 May 2017
    Sold for $60,000
  • 05 Dec 2007
    Sold for $155,000
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About Millstream 4888

The size of Millstream is approximately 195.3 square kilometres. It has 6 parks covering nearly 3.4% of total area. The population of Millstream in 2011 was 1,070 people. By 2016 the population was 1,238 showing a population growth of 15.7% in the area during that time. The predominant age group in Millstream is 60-69 years. Households in Millstream are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Millstream work in a labourer occupation. In 2011, 81.6% of the homes in Millstream were owner-occupied compared with 79.5% in 2016.

Millstream has 689 properties. Over the last 5 years, Houses in Millstream have seen a 54.55% increase in median value, while Units have seen a 1030.79% increase. As at 31 December 2024:

  • The median value for Houses in Millstream is $392,750 while the median value for Units is $311,561.
  • Houses have a median rent of $265.
There are currently 29 properties listed for sale, and no properties listed for rent in Millstream on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Millstream.

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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.