3/466 Maleny-Kenilworth RoadWitta QLD 4552
Property Details for 3/466 Maleny-Kenilworth Rd, Witta
3/466 Maleny-Kenilworth Rd, Witta is a 1 bedroom, 1 bathroom House.
Last Listing description (June 2021)
Opportunities like this seldom hit the open market! Do not delay!
Located in a complex of 3 including a the Witta general store and Maudy's restaurant, this commercial opportunity is absolutely PRICED TO SELL!
The shop is 59m2 in size, and comprises of a large open plan area, a secondary room and kitchenette. The building is in great condition with the shop surrounded by verandahs, and sharing male, female and disabled toilet facilities and ample parking.
Current return is well over 7%, with a lease in place until December next year and a further 3 year option available to the long term tenant.
The complex is well maintained with great off street parking, a highly visible location along a major tourist route and reputable businesses as neighbours.
The owners have made it crystal clear - They want it sold - AND QUICKLY!!!
For a full property report, please contact RE/MAX Hinterland ASAP. It will not last at this price!!!
Disclaimer:
* This property may or may not be marketed with a price and therefore a price guide cannot always be provided. The website may have filtered the property into a price bracket for functionality purposes.
** Every precaution has been taken to establish the accuracy of the material on this listing and all information provided has been gathered from sources we deem to be reliable. We cannot however guarantee its accuracy and interested parties should make and rely on their own enquiries.
Property History for 3/466 Maleny-Kenilworth Rd, Witta, QLD 4552
- 17 Aug 2016Listed for Sale Offers over $130,000
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About Witta 4552
The size of Witta is approximately 35.3 square kilometres. It has 5 parks covering nearly 28.2% of total area. The population of Witta in 2011 was 1,231 people. By 2016 the population was 1,217 showing a population decline of 1.1% in the area during that time. The predominant age group in Witta is 60-69 years. Households in Witta are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Witta work in a professional occupation. In 2011, 82.7% of the homes in Witta were owner-occupied compared with 85.3% in 2016.
Witta has 610 properties. Over the last 5 years, Houses in Witta have seen a 87.75% increase in median value, while Units have seen a 64.68% increase. As at 31 August 2024:
- The median value for Houses in Witta is $1,143,459 while the median value for Units is $598,432.
- Houses have a median rent of $380.
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