OFF MARKET

21-33 Gillies Range Road
Yungaburra QLD 4884

Bedrooms: -
Bathrooms: -
Car spaces: 20
Land area: 1568m2
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Property Details for Lot 1/21-33 Gillies Range Rd, Yungaburra

Building Type
Commercial
Land Size
1568m2
Local Government
Tablelands Regional

Last Listing description (November 2024)

Discover the Timeless Charm of Yungaburra's Most Iconic and Historic Restaurant

Offered to the market for the first time in 36 years, 'The Murphy Team' proudly welcomes to an iconic freehold location situated in what is affectionately known as the jewel of the Tablelands, Yungaburra.

This unique opportunity to secure a piece of the town's history is positioned on a generous 3,436m2 allotment and offers approximately 472.6m2 under roof allowing ample room for expansion for whatever a visionary envisions. Whilst the business as it stands is an awarding winning establishment for its famous Italian and Modern Australian Cuisine, the site would also flourish with an addition of a bakery, microbrewery, distillery, or wine tasting venue whilst sampling the areas famed local produce.

Notable features include:
- Rustic restaurant setting catering comfortably for 110 patrons with additional seating for 48 patrons on the verandah and beer garden
- Main road frontage with huge vehicle exposure & prominent signage
- Additional signage locations throughout the tablelands
- Assortment of Tropical trees: Large Lemon Myrtle, Jack Fruit and Native Trees
- Outdoor wooden deck and garden area, perfect for a small wedding or event along with plenty of car-parking space
- 2 x 6.6kva Solar System and 75 kva generator
- Located only minutes to tourist attractions including the Curtain Fig Tree and Platypus Viewing Platform and within walking distance to heart of Yungaburra

With an already well established and reputable business on hand the opportunities are endless for the incoming operators.

To register your interest or for a full information memorandum please contact 'The Murphy Team' today !

All offers prior to Auction carefully considered!

IN-ROOM AUCTION -
When: Monday, 11th November 2024
Where: The Reef Hotel Casino, Michaelmas Cay Ballroom
Time: From 5.00pm
Auctioneer: Gavin Croft

Secure your spot early! Pre-register now for a seamless bidding experience at our upcoming auction: https://auctionslive.com/app/bidder-registration/JRL79

Disclaimer:
This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavours have been made to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement.

Property History for Lot 1/21-33 Gillies Range Rd, Yungaburra, QLD 4884

A timeline of how this property has performed in the market
Listed for Rent
06 Mar 2024
  • 02 Oct 2024
    Listed for Sale The Auction | In-Room at The Reef Hotel Casino
  • 23 Jan 2024
    Listed for Rent $2,300 / year
  • 08 Nov 2023
    Listed for Sale OFFERS OVER $1,450,000
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About Yungaburra 4884

The size of Yungaburra is approximately 17 square kilometres. It has 9 parks covering nearly 0.9% of total area. The population of Yungaburra in 2011 was 1,115 people. By 2016 the population was 1,246 showing a population growth of 11.7% in the area during that time. The predominant age group in Yungaburra is 60-69 years. Households in Yungaburra are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Yungaburra work in a professional occupation. In 2011, 66.9% of the homes in Yungaburra were owner-occupied compared with 71.9% in 2016.

Yungaburra has 1,004 properties. Over the last 5 years, Houses in Yungaburra have seen a 60.26% increase in median value, while Units have seen a 37.03% increase. As at 31 October 2024:

  • The median value for Houses in Yungaburra is $588,634 while the median value for Units is $350,254.
  • Houses have a median rent of $500.
There are currently 60 properties listed for sale, and 4 properties listed for rent in Yungaburra on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Yungaburra.

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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.