SOLD
Sold on 01 Jul 2024 for $1,180,000

116-118 Reed Road
Trinity Park QLD 4879

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 150m2
Land area: 1404m2
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Property Details for 116-118 Reed Rd, Trinity Park

Building Type
Commercial
Floor Size
150m2
Land Size
1404m2
Local Government
Cairns Regional
Lot/Plan
3/RP744019

Last Listing description (February 2013)

Leasehold Business For Sale
Profitable convenience store with takeaway (150m??) with a three year lease remaining plus one 5-year option. Rent $33,000p.a. Gross profit $180,00 - $200,000. Business and takeaway for sale at $300,000 plus stock.
Trading Hours: 6.30am to 8.00pm Monday to Saturday

and 7.00am to 8.00pm Sunday
Easily upgraded to operate under banner (IGA or Friendly Grocer etc.) Owners retiring. Ideal family business, will suit couple and one casual staff. Ample off street parking.

Property History for 116-118 Reed Rd, Trinity Park, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$1,180,000
01 Jul 2024
  • 01 Jul 2024
    Sold for $1,180,000
  • 10 Jan 2013
    Listed for Sale $300,000
  • 26 Jul 1995
    Transferred for $288,000

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About Trinity Park 4879

The size of Trinity Park is approximately 3 square kilometres. It has 6 parks covering nearly 3.7% of total area. The population of Trinity Park in 2011 was 2,459 people. By 2016 the population was 3,116 showing a population growth of 26.7% in the area during that time. The predominant age group in Trinity Park is 30-39 years. Households in Trinity Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Trinity Park work in a professional occupation. In 2011, 64.4% of the homes in Trinity Park were owner-occupied compared with 61.2% in 2016.

Trinity Park has 1,499 properties. Over the last 5 years, Houses in Trinity Park have seen a 59.13% increase in median value, while Units have seen a 127.81% increase. As at 31 October 2024:

  • The median value for Houses in Trinity Park is $754,462 while the median value for Units is $932,853.
  • Houses have a median rent of $680.
There are currently 23 properties listed for sale, and 9 properties listed for rent in Trinity park on OnTheHouse. According to CoreLogic's data, 71 properties were sold in the past 12 months in Trinity park.

Suburb Insights for Trinity Park 4879

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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.