OFF MARKET

13 Newton Street
Monto QLD 4630

Bedrooms: -
Bathrooms: -
Car spaces: 4
Land area: 443m2
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Property Details for 13 Newton St, Monto

Building Type
Commercial
Land Size
443m2
Local Government
North Burnett Regional
Lot/Plan
16/M74741

Last Listing description (February 2023)

Dual tenancy building currently fully occupied by a bank!

Some people will only invest if their money is as safe as a bank. Well, we can't sell you the bank but we can sell you the building that the bank leases. Here is your chance to have the bank pay your mortgage.


This dual tenancy building is currently fully leased by a bank and has been leased by various banks since the owners purchased it in 1993. The small second tenancy is suitable for two small offices and is currently not used other than for storage although paid for by the current tenant.

The building is prominently located at 13 Newton Street which is the main street of Monto, west of Bundaberg.

Several split system air conditioning units keep things cosy for staff and clients.

The property is single story and constructed of brick and timber. There is plenty of private parking for tenants out the back and clients have full parking available out the front. The block is approximately 443 m2.

A nice little nest egg which is listed at $190,000. Contact Peter at Bundaberg Commercial on 0421 253 771 for more details.

Property History for 13 Newton St, Monto, QLD 4630

A timeline of how this property has performed in the market
Last Sold
$180,000
07 Oct 2022
  • 07 Oct 2022
    Sold for $180,000
  • 05 Aug 2022
    Listed for Sale $190,000
  • 04 Jun 1999
    Sold for $70,000

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About Monto 4630

The size of Monto is approximately 59.2 square kilometres. It has 12 parks covering nearly 1.2% of total area. The population of Monto in 2011 was 1,307 people. By 2016 the population was 1,166 showing a population decline of 10.8% in the area during that time. The predominant age group in Monto is 60-69 years. Households in Monto are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Monto work in a managers occupation. In 2011, 65% of the homes in Monto were owner-occupied compared with 64.6% in 2016.

Monto has 865 properties. Over the last 5 years, Houses in Monto have seen a 134.78% increase in median value, while Units have seen a 435.65% increase. As at 31 October 2024:

  • The median value for Houses in Monto is $229,920 while the median value for Units is $208,587.
  • Houses have a median rent of $350.
There are currently 27 properties listed for sale, and 2 properties listed for rent in Monto on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Monto.

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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.