Fully Leased and just 2 years into a 5x5x5 lease currently returning $23,751pa plus GST and outgoings the General Store is a true mixed business offering milk bar and grocery lines, take away food, petrol, ice and is a Licensed Post Office with private mail boxes. To the rear is a cool room/beverage fridge, which is accessed via a store room. The freehold includes an adjoining 3 bedroom residence with open plan living/dining and kitchen, bathroom and an enclosed verandah. Situated on a slightly irregular shaped block there is also a large outbuilding with a gated double carport, garage with roller door access, a storeroom also accessed via a roller door, 2 large storerooms and a workshop.
The size of Panton Hill is approximately 21.1 square kilometres. It has 12 parks covering nearly 7.1% of total area. The population of Panton Hill in 2011 was 1,158 people. By 2016 the population was 1,060 showing a population decline of 8.5% in the area during that time. The predominant age group in Panton Hill is 50-59 years. Households in Panton Hill are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Panton Hill work in a professional occupation. In 2011, 92% of the homes in Panton Hill were owner-occupied compared with 89.7% in 2016.
Panton Hill has 443 properties. Over the last 5 years, Houses in Panton Hill have seen a -5.52% decrease in median value. As at 30 November 2024:
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