OFF MARKET

Kennedy Highway
Millstream QLD 4888

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2663000m2
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Property Details for Lot 28 Kennedy Hwy, Millstream

Building Type
Land
Land Size
2663000m2
Local Government
Tablelands Regional

Last Listing description (May 2019)

On behalf of Helen Newman and Andrew Fielding of BDO as Agents for the Mortgagee in Possession, Colliers International (Cairns) offers for sale Lot 28 Kennedy Highway, Millstream QLD 4888 for sale by Formal Tender closing Monday 6 November 2017 at 4pm.
The subject property comprises a freehold lot with a land area of 266* hectares.
The property is located in the rural locality of Millstream, approximately 10 kilometres west of Ravenshoe and 60 kilometres south of Atherton on the Atherton Tablelands.

The southern section of the property comprises undulating open forest, timbered with Narrow Leaf lronbark, Bloodwood, Gum and Moreton Bay Ash.
The northern section of the property comprises more moderately sloping land.
The property is partly boundary fenced and subdivided internally.
Stock water is provided by a permanent dam. There is also a windmill which pumps to a tank at the house and waters a trough at the yards.
Structural improvements include a lowset timber dwelling, cottage, a number of sheds and a set of yards.
The freehold property is offered individually or as part of a larger portfolio, for Sale by Formal Tender closing Monday 6 November 2017 at 4pm.
For a copy of the detailed information memorandum of the subject property which also details the larger portfolio or to arrange an inspection, please contact the agents.
*Approximately

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Property History for Lot 28 Kennedy Hwy, Millstream, QLD 4888

A timeline of how this property has performed in the market
  • 12 Oct 2017
    Listed for Sale by Formal Tender

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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 690 properties. Over the last 5 years, Houses in Millstream have seen a 53.24% increase in median value, while Units have seen a 1030.79% increase. As at 30 November 2024:

  • The median value for Houses in Millstream is $389,802 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, 28 properties were sold in the past 12 months in Millstream.

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