SOLD
Sold on 10 Sep 2024 for $1,050,000

13 Silver Street
Mount Garnet QLD 4872

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 400m2
Land area: 9015m2
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Property Details for 13 Silver St, Mount Garnet

Building Type
Commercial
Floor Size
400m2
Land Size
9015m2
Local Government
Tablelands Regional
Lot/Plan
26/SP125917

Last Listing description (July 2017)

The Norwest Gate Roadhouse, comprising Service Station, Motel and Caravan Park, offers the opportunity to enjoy the regional lifestyle dream, whilst generating a generous income from a well-established and profitable business.
Situated 180 kilometres* from Cairns along the Kennedy Highway in Mount Garnet, the Norwest Gate Roadhouse and Service Station has a strong established local clientele and services a significant volume of the daily passing tourism and heavy transport traffic.
The business and its services are popular with locals and travellers alike, stocking a large range of general store items from ice-creams to full hot meals, take-away food, fuel, bait and tackle.

This Business is currently owner operated so allows full choice to an incoming buyer.
Features include:
A multi-million dollar turnover per annum, with excellent returns
Convenience Store offering supermarket essentials, including cryovaced meats, fruit and vegetables, confectionery, cigarettes, drinks, caps, sunglasses and thongs, maps magazines and newspapers.
Private ATM machine.
Electronic Point of sale system (POS)
Government Services Access Point
Licensed commercial kitchen.
Indoor and outdoor dining areas
Convenient hot and cold take-away service
11 room Motel with well-appointed rooms (Solar HWS)
2 Self-contained units
Licensed Caravan Parking areas (water serviced) with shared ablution and laundry facilities
Site area of 9,000sqm*
Owned underground Fuel tanks including:
? 22,500 litres* Diesel
? 12,000 litres* Unleaded
? 4,500 litres* Premium
Stock and storage sheds
The offering, which includes the business operations and freehold title, presents a rare and valuable prospect for potential business migrants, owner operators and investors to acquire.
For more information or to arrange an inspection, contact the agent.

Property History for 13 Silver St, Mount Garnet, QLD 4872

A timeline of how this property has performed in the market
Last Sold
$1,050,000
10 Sep 2024
  • 10 Sep 2024
    Sold for $1,050,000
  • 04 Nov 2015
    Listed for Sale Contact agent for details
  • 20 May 2014
    Listed for Sale 2680000
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About Mount Garnet 4872

The size of Mount Garnet is approximately 503.8 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Mount Garnet in 2011 was 436 people. By 2016 the population was 419 showing a population decline of 3.9% in the area during that time. The predominant age group in Mount Garnet is 60-69 years. Households in Mount Garnet are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Mount Garnet work in a labourer occupation. In 2011, 52.7% of the homes in Mount Garnet were owner-occupied compared with 53.4% in 2016.

Mount Garnet has 347 properties. Over the last 5 years, Houses in Mount Garnet have seen a 39.58% increase in median value, while Units have seen a 215.61% increase. As at 31 October 2024:

  • The median value for Houses in Mount Garnet is $215,932 while the median value for Units is $119,631.
  • Houses have a median rent of $225.
There are currently 9 properties listed for sale, and no properties listed for rent in Mount garnet on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Mount garnet.

Suburb Insights for Mount Garnet 4872

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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.