SOLD
Sold on 08 May 2024 for $282,500

87 Lamb Street
Murgon QLD 4605

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 330m2
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Property Details for 87 Lamb St, Murgon

Building Type
Commercial
Land Size
330m2
Local Government
South Burnett Regional
Lot/Plan
2/RP81173

Last Listing description (May 2022)

Have you considered going into business. This is such an awesome opportunity
To buy a long established business with a loyal reputation and diverse product range!


Current owners have operated and grown this business over the last 28 years , consisting of a husband and wife team. This business was originally opened in 1929. Offers suit hire, fashion clothing, sportswear, sleepwear, underwear, school wear, hats, caps, giftware, and luggage. Plus supplying local school and business/corporate uniforms. Prime position situated centrally on the main road in the shopping hub of the Murgon

Potential
Opportunity to hit the ground running and continue to grow the business with a well established client base.
Large back room space with great storage for expanding the business with an online retail store
Room to grow and improve the social media presence for branding and online shopping
Walk in and start making money from day one due to the excellent reputation and strong local support for this business
Features

Exceptional location on main road through Murgon
Excellent opportunity to buy an established well known business
Carries well known and sought after brands such as Bisley, Canterbury, City Club, Levi's, Rip Curl, Unit, Fox, Fashion Biz, JB Wear, City Collection, Corporate Reflection, King Gee, Yakka, Ritemate, Stubbies, DNC, and Prime Mover, Havaianas
Complementary value added service which you can offer to boost your core retail business embroidery of corporate and workwear, towels, bags, caps, and hats.

Location:
Murgon is situated between Goomeri and Wondai in the South Burnett Region on the Bunya Highway. An easy 2 hour drive to the Sunshine Coast, 35 mins to Kingaroy, an hour to Gympie and 3 hours to Brisbane. This rural community with a population of over 2300 has a lot to offer to stay and play with beautiful country landscapes and plenty to see and do including beautiful wineries, the rail trail, cafes and restaurants, lovely bed and breakfasts, country pubs, local markets plus swimming, picnicking, boating and fishing at our dams and more.

Trading Hours
Monday to Friday 8.30 am to 5.00 pm Saturday 8.30 am to 12 pm

Employees
Husband and wife

Comments
Take control of your work life and start 2022 in your own business, with huge potential to grow this well established business through online sales and social media sales. Already carrying trendy, sought after brands for work and casual wear plus the added services of monogramming and suit hire! Previous experience in the retail industry would get you off to a quick start.


REDUCED TO HALF PRICE - NOW $40K + SAV
Long Term lease available
Annual Turnover $440,000
Floor Space approx measurements: 6.5m x 27m retail area, backroom/ storage/ kitchenette/bathroom 12m x 6.5m


To find out more on this business A Confidentiality Agreement must be signed, followed by an inspection that will impress experienced operators
Contact Kylee Bassett
kyleebassett@masterkeyrealty.com.au
#businessforsale #regionalqueensland #southburnett

Property History for 87 Lamb St, Murgon, QLD 4605

A timeline of how this property has performed in the market
Last Sold
$282,500
08 May 2024
  • 08 May 2024
    Sold for $282,500
  • 28 Dec 2021
    Listed for Sale REDUCED TO HALF PRICE - NOW $40K + SAV
  • 29 Jun 1990
    Sold for $80,000

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About Murgon 4605

The size of Murgon is approximately 65.9 square kilometres. It has 6 parks covering nearly 0.6% of total area. The population of Murgon in 2011 was 2,496 people. By 2016 the population was 2,364 showing a population decline of 5.3% in the area during that time. The predominant age group in Murgon is 0-9 years. Households in Murgon are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Murgon work in a community and personal service occupation. In 2011, 61.3% of the homes in Murgon were owner-occupied compared with 59% in 2016.

Murgon has 1,381 properties. Over the last 5 years, Houses in Murgon have seen a 150.98% increase in median value, while Units have seen a 21.80% increase. As at 31 October 2024:

  • The median value for Houses in Murgon is $332,623 while the median value for Units is $219,423.
  • Houses have a median rent of $283 while Units have a median rent of $175.
There are currently 2 properties listed for sale, and no properties listed for rent in Murgon on OnTheHouse. According to CoreLogic's data, 77 properties were sold in the past 12 months in Murgon.

Suburb Insights for Murgon 4605

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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.