SOLD
Sold on 29 Feb 2024 for $830,000

26806 New England Highway
Severnlea QLD 4380

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 29430m2
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Property Details for 26806 New England Hwy, Severnlea

Building Type
Commercial
Land Size
29430m2
Local Government
Southern Downs Regional
Lot/Plan
3/SP106347

Last Listing description (June 2023)

Freehold investment opportunity - just under 3 hectares, 4 bedroom residence with 42 solar panels, ducted heating, gas/electric kitchen, dining area, lounge, bathroom, laundry and side deck.
Known as the Blue Topaz Caravan Park, the diner attached to the residence has both indoor and outdoor sitting areas as well as the kitchen, a separate ablution block, 3 sheds and sewerage plant.
There are 65 van sites (most are powered). A new 10 year lease with 5 x 5 year options has just been signed. Weekly rent is $1,981.65 plus GST, with C.P.I. increase each December.

The leaseholders own caravans, cabins on skids and the demountable toilet block as well as chattels and personal items and pay council rates. The owner pays insurance, general repairs and maintenance to buildings and the sewerage plant.
For sale at $1.2m neg.
Inspections by appointment only.

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Property History for 26806 New England Hwy, Severnlea, QLD 4380

A timeline of how this property has performed in the market
Last Sold
$830,000
29 Feb 2024
  • 29 Feb 2024
    Sold for $830,000
  • 03 Apr 2023
    Listed for Sale $1,200,000
  • 10 Feb 2016
    Sold for $891,000
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About Severnlea 4380

The size of Severnlea is approximately 27.5 square kilometres. The population of Severnlea in 2011 was 318 people. By 2016 the population was 351 showing a population growth of 10.4% in the area during that time. The predominant age group in Severnlea is 60-69 years. Households in Severnlea are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Severnlea work in a managers occupation. In 2011, 79% of the homes in Severnlea were owner-occupied compared with 81.4% in 2016.

Severnlea has 178 properties. Over the last 5 years, Houses in Severnlea have seen a 78.45% increase in median value. As at 30 November 2024:

  • The median value for Houses in Severnlea is $630,216.
There are currently 1 property listed for sale, and no properties listed for rent in Severnlea on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Severnlea.

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