OFF MARKET

22-26 Progress Street
Quinalow QLD 4403

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 30335m2
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Property Details for 22-26 Progress St, Quinalow

Building Type
Commercial
Land Size
30335m2
Local Government
Toowoomba Regional
Lot/Plan
7/RP31016

Last Listing description (March 2023)

RACQ Branch, fuel, mechanical, retiring owners of 65 years.

Positioned in the main street of Quinalow, 75km Toowoomba, 81km Dalby, 28km Oakey, 200km Brisbane.

The town of Quinalow is positioned in a strong rural community where the garage has a wide catchment for its various parts of the business.

Site Area: Buildings and welling are spread over 3 freehold allotments which have an area of 3035 m2. A 2.73 HA area provides access and storage to the rear of the buildings.

Improvements: Garage/workshop - 415.8 m2, Rear skillion - 303.5 m2, Mezzanine - 88.8 m2, Side shed - 152.5 m2, Rear workshop shed - 275 m2 (all areas are approximate) and Rainwater storage - 2 x 22,700L concrete tanks.

Adjoining Home: Lowset 2 bedroom plus sleep out dwelling, single bathroom and double carport.

RACQ: Owner are an authorised branch and with their tilt tray, offer customers a very valuable service in this area.

Fuel: The business supplies 3 types of fuel: Unleaded fuel - 30,000L of storage, Premiums fuel - 3,000L of storage and Diesel - 23,000L of storage.

Mechanical Workshop: A hoist and tyre changing equipment are in place for RWC and general repairs in an owner wanted to pursue this line of income.

Animal and Hardware Supplies: The owners cater for various needs and wants for the local farmers and towns people.

After 65 years of trading history, the owners have reached retirement age and are very keen to seel this unique business on an as is basis plus what stock is on hand at settlement.

Expressions of interest

Property History for 22-26 Progress St, Quinalow, QLD 4403

A timeline of how this property has performed in the market
Last Sold
$395,000
24 Jul 2023
  • 24 Jul 2023
    Sold for $395,000
  • 30 Sep 2021
    Listed for Sale Price on Application
  • 27 Feb 1974
    Sold for $27,575

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About Quinalow 4403

The size of Quinalow is approximately 85.8 square kilometres. The population of Quinalow in 2011 was 412 people. By 2016 the population was 185 showing a population decline of 55.1% in the area during that time. The predominant age group in Quinalow is 0-9 years. Households in Quinalow are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Quinalow work in a managers occupation. In 2011, 68.6% of the homes in Quinalow were owner-occupied compared with 70.7% in 2016..

Quinalow has 90 properties. Over the last 5 years, Houses in Quinalow have seen a 107.03% increase in median value. As at 31 October 2024:

  • The median value for Houses in Quinalow is $355,840 while the median value for Units is $427,012.
There are currently 1 property listed for sale, and no properties listed for rent in Quinalow on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Quinalow.

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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.