OFF MARKET

463-477 Mount Cotton Road
Sheldon QLD 4157

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 310m2
Land area: 23280m2
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Property Details for 463-477 Mount Cotton Rd, Sheldon

463-477 Mount Cotton Rd, Sheldon is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 23280m2 and floor size of 310m2. While the property is not currently for sale or for rent, it was last sold in January 2015.

Building Type
House
Year Built
1980
Floor Size
310m2
Land Size
23280m2
Local Government
Redland
Lot/Plan
2/RP86225

Last Listing description (August 2010)

Massive Income - Plumbing and Building Services
This superior plumbing business generates a net profit of $304,641 per annum. A self managed operation this business includes a new stand alone office, two storage sheds plus two 40ft containers for extra storage. Plant and equipment including a complete array of:
* Transport vehicles

* Plumbing machinery and equipment with camera and tools
* Excavators, Drilling equipment
* Full range of building equipment, machinery and tools
Established 14 years ago it has built a sterling reputation providing a complete range of services for installation, plumbing and building including full maintenance services within a 40k radius. Servicing a consistent flow of enquiries from commercial, residential and government sources around the clock 24/7 at $95 plus per hour for each staff member is evidence enough there is serious money and massive cash flow generated if you own this successful operation.
This business would suit a husband and wwife with a family or a couple, some-one who lives in Queensland, interstate or wishes to migrate to Australia (it fits within immigration criteria) and start enjoying the warm Queensland weather, lifestyle and the luxury of earning a substantial and cconsistent income. There is opportunity to increase the services to include a wider geographical region if you can handle earning the extra money.
Whether you are experienced or require training, the current owner is prepared to assist with licensing and provide full compliance training in all operations of this business. An agreed hand over period will be provided for the successful purchaser.
Buy this business and enjoy two separate opportunities for the price of one
1. A high return on the business investment
2. Strong gains with capital growth @ 9% p.a. on the acreage and 5 bedroom home.
This business will set a lucky purchaser up for LIFE.
Location - 35 minutes drive to Brisbane CBD and 1 hour drive from the Gold Coast this business offers life style with maximum income.
Income - Adjusted Net Profit $304,641 p.a
Staff - 5 full time, 2 apprentices, 10 casual on call, 1 owner works 30 hours weekly.
Operations - operates 24/7 staff on roster
Assets -
* 5.5 acres - 5 bedroom brick home, swimming pool, bar, BBQ and deck $1.2m
* Office, 2 x sheds, 2 x 40ft containers $56,000
* Vehicles $174,000
* Machinery $98,000
* Plumbing Equipment $57,400
* Tools & Equipment $14,105
* Electronic Equipment $4,720
* Office Equipment $2,590
Total Value $1,706,815
Purchase Price $1,375,000

Property History for 463-477 Mount Cotton Rd, Sheldon, QLD 4157

A timeline of how this property has performed in the market
Last Sold
$807,500
07 Jan 2015
  • 07 Jan 2015
    Sold for $807,500
  • 19 Mar 2010
    Listed for Sale $1.375M
  • 28 Mar 2008
    Sold for $839,000
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About Sheldon 4157

The size of Sheldon is approximately 22.8 square kilometres. It has 11 parks covering nearly 6.5% of total area. The population of Sheldon in 2011 was 1,688 people. By 2016 the population was 1,709 showing a population growth of 1.2% in the area during that time. The predominant age group in Sheldon is 50-59 years. Households in Sheldon are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sheldon work in a professional occupation. In 2011, 90.9% of the homes in Sheldon were owner-occupied compared with 90.9% in 2016.

Sheldon has 619 properties. Over the last 5 years, Houses in Sheldon have seen a 51.20% increase in median value. As at 31 October 2024:

  • The median value for Houses in Sheldon is $1,393,857 while the median value for Units is $766,595.
  • Houses have a median rent of $630.
There are currently 1 property listed for sale, and no properties listed for rent in Sheldon on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Sheldon.

Suburb Insights for Sheldon 4157

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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.