OFF MARKET

45587 Bruce Highway
Mutarnee QLD 4816

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 431410m2
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Property Details for 45587 Bruce Hwy, Mutarnee

45587 Bruce Hwy, Mutarnee is a 0 bedroom, 0 bathroom House. The property has a land size of 431410m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Land Size
431410m2
Local Government
Townsville City
Lot/Plan
2/CWL800728

Last Listing description (October 2019)

Service Station, Fast Food, Tourist Park, Car Wash, Water Theme Park the list goes on for potential additional development scenarios The choice is yours!
Business Highlights:
- Situated just outside Townsville, QLD on the Bruce Hwy. Travellers from all over head towards this iconic tourist venue.

- This popular location continues to grow as a stopover for all travellers on the Bruce Highway.
- The slip lane and service lane allow heavy and light vehicles to access and exit the site with ease.
- What a perfect opportunity to use the reputable well-known business and earn holding income, whilst you develop the site.
- Huge combined area of 79.39ha spread over two titles. The site is divided by three lots as listed below.
- An exceptional opportunity to incorporate your ideas into the design and complete your portfolio with an incomparable site.
Key considerations:
- High visibility and Bruce Hwy frontage
- minimal to no competition
- Iconic business already established drawing in customers
- Large property offers multiple development options
- Townsville constantly growing and expanding
- Service lanes already allow ease of ingress and egress from both directions
Price: $3.3 million walk-in-walk-out
For further information on this opportunity, please contact the undersigned:
Jacob Reeson
Business Broker - Service Station Specialist
Benchmark Business Sales and Valuations
M: 0432 906 946 T: 1300 366 521 E: jacob@benchmarkbusiness.com.au
If you like to know more about the Business complete our online confidentiality agreement here: https://benchmarkbusiness.com.au/ca-form-1966
or go to our Website www.benchmarkbusiness.com.au and use the reference #1966 to search for the business.

Benchmark Business Sales and Valuations
The business images shown are for illustration purposes only and may not be an exact representation of the business.
Business Category: Land Development, Development Site, Hotel and Leisure, Travel Centre, Service Station
Property Code: 1966

Property History for 45587 Bruce Hwy, Mutarnee, QLD 4816

A timeline of how this property has performed in the market
Last Sold
$450,000
11 Mar 2022
  • 11 Mar 2022
    Sold for $450,000
  • 11 Sep 2019
    Listed for Sale Not Disclosed

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About Mutarnee 4816

The size of Mutarnee is approximately 59.6 square kilometres. It has 2 parks. The population of Mutarnee in 2011 was 294 people. By 2016 the population was 108 showing a population decline of 63.3% in the area during that time. The predominant age group in Mutarnee is 60-69 years. Households in Mutarnee are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Mutarnee work in a managers occupation. In 2011, 72.5% of the homes in Mutarnee were owner-occupied compared with 68% in 2016..

Mutarnee has 90 properties. Over the last 5 years, Houses in Mutarnee have seen a 45.27% increase in median value. As at 31 October 2024:

  • The median value for Houses in Mutarnee is $448,821.
There are currently 1 property listed for sale, and no properties listed for rent in Mutarnee on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Mutarnee.

Suburb Insights for Mutarnee 4816

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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.