1A Faraday StreetMonto QLD 4630
Property Details for 1a Faraday St, Monto
Last Listing description (November 2011)
Old Butter Factory
Area: 7811sqm
Tenure: Freehold
Parish: Bailey
Water: Town water
Price: AUCTION:
Notes: Under instructions from Mortgagee exercising power of sale.
5th November 2011
11am Saturday
Monto RSL Club
OLD BUTTER FACTORY
This large industrial establishment is set on a massive 7811sqm single allotment and configured with 6 sheds of enormous capacity. Located in a main traffic area with town water and sewerage available. Zoned ''industrial''.
This address is well reknowned as an iconic landmark in Monto's history.
A one off opportunity to secure an exclusive blue chip investment of prime industrial real estate. Options are limitless with the prospect of site redevelopment/??????reclassification, rental opportunities, storage usage or business establishment.
''A rare investment opportunity of calibre and proportion''.
Property History for 1a Faraday St, Monto, QLD 4630
- 21 May 2013Transferred for $49,500
- 08 Oct 2011Listed for Sale Not Disclosed
- 03 Jan 2006Sold for $188,100
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0About 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 863 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.
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