SOLD
Sold on 23 May 2024 for $750,000

2216 Gin Gin Road
South Kolan QLD 4670

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1012m2
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Property Details for 2216 Gin Gin Rd, South Kolan

Building Type
Commercial
Land Size
1012m2
Local Government
Bundaberg Regional
Lot/Plan
4/RP59491

Last Listing description (November 2024)

Imagine enjoying the idyllic country lifestyle in beautiful South Kolan, Queensland, while running your own family business. This opportunity is too good to pass up!

Property Highlights:
You'll have the chance to earn additional income, develop the property further, or utilize unused areas for increased storage capacity.

Above the shop, there's a comfortable 3-bedroom residence perfect for your family's living quarters.
Situated on a main arterial road, your business will benefit from prominent visibility in the community.
The property boasts over 1,000m2 of freehold land, providing ample space and potential for expansion.

Take advantage of this rare chance to acquire a successful general takeaway and grocer business, along with the freedom of owning the property itself. The options for this site are simply limitless.

With the current owners retiring, this is your opportunity to embrace the South Kolan country lifestyle and make your mark on a thriving family business.

Business Highlights:
This turnkey operation allows for immediate business launch and revenue generation.
Embrace the convenience market by offering a wide range of takeaway, grocery, and supermarket lines to cater to local needs.
Explore the potential of expanding food lines and increasing sales to become the go-to destination for quality cuisine in the area.
Utilize vacant storage space to implement new ideas that can add significant value to the business.
With the option to extend trading hours, you can better serve the community's needs and maximize your profits.
The expired fuel supply agreement provides a delightful opportunity to rebrand and create a unique fuel and convenience store experience for the residents of South Kolan.

This investment opportunity is attractively priced and designed for families aspiring to enjoy the South Kolan Queensland country lifestyle while running a successful family business. Don't let this chance slip away to embark on an exciting journey in a close-knit community.

For further information and to arrange your viewing, contact exclusive listing Agent Robert Stevenson on 0484 833 322.

Property History for 2216 Gin Gin Rd, South Kolan, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$750,000
23 May 2024
  • 23 May 2024
    Sold for $750,000
  • 30 Jan 2024
    Listed for Sale $995,000 + SAV
  • 03 Jul 1995
    Sold for $360,000
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About South Kolan 4670

The size of South Kolan is approximately 113.6 square kilometres. The population of South Kolan in 2011 was 1,164 people. By 2016 the population was 1,057 showing a population decline of 9.2% in the area during that time. The predominant age group in South Kolan is 50-59 years. Households in South Kolan are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Kolan work in a trades occupation. In 2011, 83.6% of the homes in South Kolan were owner-occupied compared with 81.9% in 2016.

South Kolan has 530 properties. Over the last 5 years, Houses in South Kolan have seen a 115.30% increase in median value. As at 30 November 2024:

  • The median value for Houses in South Kolan is $596,787 while the median value for Units is $163,693.
  • Houses have a median rent of $293.
There are currently 8 properties listed for sale, and no properties listed for rent in South kolan on OnTheHouse. According to CoreLogic's data, 23 properties were sold in the past 12 months in South kolan.

Suburb Insights for South Kolan 4670

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Ray White Bundaberg
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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.