OFF MARKET

283 Granite Belt Drive
Thulimbah QLD 4376

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 202034m2
Land area: 20140m2
Improve this data
We do not have enough data to display the calculated estimate for this property.
Share
Save

Property Details for 283 Granite Belt Dr, Thulimbah

Building Type
Commercial
Floor Size
202034m2
Land Size
20140m2
Local Government
Southern Downs Regional
Lot/Plan
11/RP856480

Last Listing description (November 2022)

Ranked as one of the best working hostels in Australia, Summit Backpackers in Stanthorpe is rapidly expanding. Constant growth over the past three years has provided the current owners with enough incentive to go through the arduous task of gaining development approval to double its size. All the hard work of the application process has been completed, with approval received. Highly profitable lifestyle business, with immediate plans for expansion. Stage 1 capital costs are expected to be less than half a million dollars. This outlay will show a 20% return on investment. Cashed up buyers looking for a solid return on their investment, should enquire today.

- Recent DA approval to double capacity
- Key contacts with local farms
- Government backed contracts
- Large four bedroom manager's residence
- High net profit of over $321k
- Can be run under management
- Great location in Granite Belt Food and Wine Bowl
- Growing turnover through traditional slow winter season
- Refurbishment not required, opportunity for growth through DA implementation
- Property inspections are by appointment only

Show More

Property History for 283 Granite Belt Dr, Thulimbah, QLD 4376

A timeline of how this property has performed in the market
Last Sold
$620,000
06 Feb 2017
  • 29 Feb 2024
    Sold for $1,640,625
  • 28 Apr 2022
    Listed for Sale $2,600,000
  • 05 Mar 2018
    Sold for $650,000
Sign in to see more transactions

Commute Calculator

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

About Thulimbah 4376

The size of Thulimbah is approximately 13.5 square kilometres. The population of Thulimbah in 2011 was 332 people. By 2016 the population was 307 showing a population decline of 7.5% in the area during that time. The predominant age group in Thulimbah is 60-69 years. Households in Thulimbah are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Thulimbah work in a labourer occupation. In 2011, 66.3% of the homes in Thulimbah were owner-occupied compared with 62.2% in 2016.

Thulimbah has 185 properties. Over the last 5 years, Houses in Thulimbah have seen a 119.94% increase in median value. As at 31 August 2024:

  • The median value for Houses in Thulimbah is $528,545 while the median value for Units is $306,860.
There are currently 6 properties listed for sale, and 2 properties listed for rent in Thulimbah on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Thulimbah.

Thulimbah Profile Page

Suburb Insights for Thulimbah 4376

Visit Thulimbah profile page
Market Insights
Thulimbah Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Thulimbah Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Thulimbah profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED