1/174 Main StreetMontville QLD 4560
Property Details for 1/174 Main St, Montville
Last Listing description (July 2021)
The freehold of this renowned cafe is reluctantly for sale to a lucky purchaser.
With very happy thriving long-term tenants on a new 3 year option your investment is assured in the very heart of this iconic hinterland village. A niche business, Little May Espresso has become the go-to place in Montville. On any day there are people enjoying this delightful experience and this translates to a secure and long lasting future for the astute investor. The tenants have recently expanded the al-fresco dining area to cater for the ever growing customer base. This is a true investment opportunity, a rare centre of town location, bricks and mortar asset.
Call today to view this solid investment property.
Property Code: 748
Property History for 1/174 Main St, Montville, QLD 4560
- 21 Apr 2021Listed for Sale $595,000
- 10 Aug 2019Listed for Sale $595,000
- 24 Jan 2015Listed for Rent $30,000 / year
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About Montville 4560
The size of Montville is approximately 17.7 square kilometres. It has 10 parks covering nearly 15.7% of total area. The population of Montville in 2011 was 886 people. By 2016 the population was 949 showing a population growth of 7.1% in the area during that time. The predominant age group in Montville is 60-69 years. Households in Montville are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Montville work in a professional occupation. In 2011, 79.5% of the homes in Montville were owner-occupied compared with 80% in 2016.
Montville has 702 properties. Over the last 5 years, Houses in Montville have seen a 88.76% increase in median value, while Units have seen a 53.33% increase. As at 31 October 2024:
- The median value for Houses in Montville is $1,126,475 while the median value for Units is $594,462.
- Houses have a median rent of $650.
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