SOLD
Sold on 07 Jun 2024 for $407,000

57 Lyons Street
Mundubbera QLD 4626

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 410m2
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Property Details for 57 Lyons St, Mundubbera

Building Type
Commercial
Land Size
410m2
Local Government
North Burnett Regional
Lot/Plan
1/RP73793

Last Listing description (September 2024)

Located in the heart of Mundubbera, this retail property at 57 Lyons Street offers a fantastic opportunity to make 18.5% return on investment or 39% return on investment by working the business yourself. With a land area of 410sqm, and all the work done for you, we offer you the opportunity to reap the rewards of the current owner and enjoy the profits that this business has to offer.

Surrounded by other thriving businesses and close to amenities this business has a loyal local customer base of residents and seasonal workers as well as travellers that support That Country Shop when passing through. Don't miss out on this chance to own a piece of prime freehold real estate and an extremely profitable business.

That Country Shop has the potential to help you achieve your goals and do what you love while making good profits. Contact us today to arrange a viewing and see the potential That Country Shop has to offer.

- All systems are in place and training is offered to the new owner before takeover.
- 13kW solar system which runs the shop
- Security system with 8 cameras that can connect to your phone and can be viewed anywhere
- 5 reverse-cycle air-conditioners
- Stockist of a wide range of workwear including: Bisley, King Gee, Hard Yakka, Pilbara/Rite Mate, JB's Wear and Blue Whale
- Work boots include: Oliver, Redback, and Mongrel
- Popular brands include: Mustang Jeans, Pilgram Jeans, Thomas Cook, Wrangler, Twisted X, Pure Western, Hard Slog, Bullzeye, Akubra, Canterbury and Tusik Flat
- Other departments include giftware, manchester, ladies fashion, mens fashion and kids fashion, underwear and hosiery, luggage and jewellery
- The embroidery sideline has an extensive loyal client base and covers everything from workshirts, trucker caps, towels etc.

Mundubbera is a major employer of many seasonal workers and workwear is a major part of the business.
There is a massive opportunity to drive the business further with online sales.
Use your imagination. The sky is the limit on what you can do to take That Country Shop to the next level.
Definitely a regretful sale however only selling due to family commitments.
$499,000.00 plus stock at cost.

Property History for 57 Lyons St, Mundubbera, QLD 4626

A timeline of how this property has performed in the market
Last Sold
$407,000
07 Jun 2024
  • 07 Jun 2024
    Sold for $407,000
  • 08 Mar 2024
    Listed for Sale $499,000.00 PLUS STOCK AT VALUE
  • 06 Nov 2020
    Sold for $340,000
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About Mundubbera 4626

The size of Mundubbera is approximately 35.7 square kilometres. It has 7 parks covering nearly 1.3% of total area. The population of Mundubbera in 2011 was 1,042 people. By 2016 the population was 1,253 showing a population growth of 20.2% in the area during that time. The predominant age group in Mundubbera is 20-29 years. Households in Mundubbera are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mundubbera work in a labourer occupation. In 2011, 55.2% of the homes in Mundubbera were owner-occupied compared with 53.4% in 2016.

Mundubbera has 711 properties. Over the last 5 years, Houses in Mundubbera have seen a 75.62% increase in median value, while Units have seen a 193.41% increase. As at 30 November 2024:

  • The median value for Houses in Mundubbera is $255,821 while the median value for Units is $202,993.
  • Houses have a median rent of $280.
There are currently 16 properties listed for sale, and no properties listed for rent in Mundubbera on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Mundubbera.

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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.