OFF MARKET

39-41 Grey Street
St George QLD 4487

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2202m2
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Property Details for 39-41 Grey St, St George

Building Type
Commercial
Land Size
2202m2
Local Government
Balonne
Lot/Plan
4/SP144470

Last Listing description (October 2023)

Local family established business is being offered for sale after 52 years of successful operation. This Freehold business is offered as a going concern in the thriving rural farming district of St George SW QLD.
The well established family business is ready for new owners. The business on offer consists of Yamaha Motorcycle dealership, mechanical workshop, spare parts and retail fuel with after hours capabilities.
Average sales revenue $2.58 million.

Halpin motors vehicle mechanical workshop is supported by previous vehicle dealership and the sale of Yamaha (since 1977) motorbikes and associated equipment.
The vendors are looking to disolve a family partnership and offer the following

Freehold premises - 39-43 Grey Street, ST GEORGE QLD - 2202m/2
Plant and Equipment
Parts
Inventory - New Motor Cycles and Used Motor Cycles
Service workshop
Fuel inventory
Goodwill
$975,000 Going Concern + SAV

I invite you to make contact with Brendan Devine 0428255568 or Janette Schurmann 0419988839 and discuss your opportunity to acquire a well established business in our thriving community. An information memorandum will be made available to interested parties.
Don't miss this opportunity!

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Property History for 39-41 Grey St, St George, QLD 4487

A timeline of how this property has performed in the market
Last Sold
$691,900
11 Sep 2023
  • 11 Sep 2023
    Sold for $691,900
  • 16 May 2022
    Listed for Sale $975,000 + SAV

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About St George 4487

The size of St George is approximately 11,036.2 square kilometres. It has 12 parks covering nearly 0.4% of total area. The population of St George in 2011 was 3,292 people. By 2016 the population was 3,072 showing a population decline of 6.7% in the area during that time. The predominant age group in St George is 0-9 years. Households in St George are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in St George work in a managers occupation. In 2011, 58.1% of the homes in St George were owner-occupied compared with 56.7% in 2016.

St George has 1,666 properties. Over the last 5 years, Houses in St George have seen a -4.92% decrease in median value, while Units have seen a 3.84% increase. As at 30 September 2024:

  • The median value for Houses in St George is $238,378 while the median value for Units is $222,157.
  • Houses have a median rent of $360 while Units have a median rent of $200.
There are currently 10 properties listed for sale, and 5 properties listed for rent in St george on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in St george.

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