6 Guthrie St, Quambatook is a 4 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 1382m2 and floor size of 156m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
This property was originally built as a bank with an adjoining manager's residence, this unique property provides a fantastic investment opportunity with a large 4-bedroom home that is currently tenanted and has been for the last 20 years by the same tenant, with a return of $400 a month. The Building fronting the street is tenanted by the shire, being the Quambatook Community Resource Centre and provides approximately 60 square metres of commercial space, including a large open/retail area, 2 office areas, storeroom and kitchenette with access to an external toilet at the rear.
The Community Resource Centre is currently paying rent of $250 a month excluding GST and provides a valuable service to the people of Quambatook & the surround Mallee area. The Centre is structured on a 3-year lease with a 3 year plus 3-year option. Secure long-term tenants, this is an investors dream.
The size of Quambatook is approximately 334.9 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Quambatook in 2011 was 360 people. By 2016 the population was 235 showing a population decline of 34.7% in the area during that time. The predominant age group in Quambatook is 50-59 years. Households in Quambatook are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Quambatook work in a managers occupation. In 2011, 77.9% of the homes in Quambatook were owner-occupied compared with 82.9% in 2016.
Quambatook has 270 properties. Over the last 5 years, Houses in Quambatook have seen a 139.06% increase in median value. As at 31 August 2024:
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