OFF MARKET

89 Cambridge Street
Mitchell QLD 4465

Bedrooms: -
Bathrooms: -
Car spaces: 6
Land area: 2023m2
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Property Details for 89 Cambridge St, Mitchell

Building Type
Commercial
Land Size
2023m2
Local Government
Maranoa Regional
Lot/Plan
1/RP49407

Last Listing description (September 2019)

Colliers International are pleased to offer the fully leased Mitre 10 in Mitchell Central Queensland for sale by Offers to Purchase.

The Mitchell Mitre 10 Hardware Plumbing, Household Goods and Ergon Bottled Gas Supply Business at 89-91 Cambridge Street, Mitchell, Queensland, is a well known vibrant landmark of the town of Mitchell in the heart of the booming Surat Basin coal seam gas region of South West Queensland. The business has been successfully serving the needs of the people of Mitchell and its surrounding rural areas for over 80 years. The current owners have owned the property for around 38 years and have recently sold the business to a new operator and secured a long term lease as part of the transaction.


Mitchell is a rural town located 500 km north-west of Brisbane and 80 km west of Roma on the Warrego Highway and the Maranoa River.

Key features of the property include:

- Property is home to the successful Mitre 10 franchise
- New lease paying $189,000 per annum plus all outgoings
- 10 year initial term plus options
- 2,023m land parcel
- Prominent position on the main street in Mitchell
- Suitable for showroom/office/medical/retail
- Land rich property acquisition

For further information please contact the exclusive marketing agents at Colliers International..

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Property History for 89 Cambridge St, Mitchell, QLD 4465

A timeline of how this property has performed in the market
Last Sold
$200,000
13 Jan 2020
  • 13 Jan 2020
    Sold for $200,000
  • 26 Oct 2016
    Listed for Sale Contact Agent
  • 31 Jan 2015
    Listed for Sale CONTACT AGENT
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About Mitchell 4465

The size of Mitchell is approximately 602.6 square kilometres. It has 5 parks covering nearly 2.6% of total area. The population of Mitchell in 2011 was 1,310 people. By 2016 the population was 1,042 showing a population decline of 20.5% in the area during that time. The predominant age group in Mitchell is 0-9 years. Households in Mitchell are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mitchell work in a managers occupation. In 2011, 68.4% of the homes in Mitchell were owner-occupied compared with 71.2% in 2016.

Mitchell has 712 properties.

    There are currently 16 properties listed for sale, and 1 property listed for rent in Mitchell on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Mitchell.

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