OFF MARKET

9 Caroline Street
Mitchell QLD 4465

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 5287m2
Land area: 5287m2
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Property Details for 9 Caroline St, Mitchell

Building Type
Commercial
Floor Size
5287m2
Land Size
5287m2
Local Government
Maranoa Regional
Lot/Plan
7/M15119

Last Listing description (January 2016)

Situated just off the Warrego Highway in Mitchell the BP branded service station is an older style service station with a retail shop, office, amenities and mechanical workshop.
The forecourt to the front of the service station comprises two vehicle fuel lanes under the canopy. A separate uncovered area exists for high flow diesel trucks.
The forecourt has the capacity to service four vehicles at a time.

There is an opportunity to expand the business by adding or sub-leasing the workshop to a mechanic.
The site has good visibility from Highway and main road in and out of town, coupled with ample parking for several vehicles.
The bonus is the site has a fully operational cafA with a long term lease in place providing additional income to the owners of the service station.
Price $850,000 plus SAV.
For a comprehensive Information Memorandum, please Contact Jason March on 0434 075 997.

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Property History for 9 Caroline St, Mitchell, QLD 4465

A timeline of how this property has performed in the market
Last Sold
$465,000
12 Feb 2014
  • 09 Jul 2015
    Listed for Sale Not Disclosed
  • 14 May 2015
    Listed for Sale $599,000 NEGOTIABLE
  • 12 Feb 2014
    Sold for $465,000
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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. Over the last 5 years, Houses in Mitchell have seen a 66.80% increase in median value. As at 30 November 2024:

  • The median value for Houses in Mitchell is $163,787 while the median value for Units is $237,310.
  • Houses have a median rent of $170.
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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