Monto, QLD 4630

Retail

Sold $480,000

  • Property ID: 270495
  • Floor Area: 234m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 234m2 N/A N/A
Your Opportunity to buy the ICONIC ‘Duck Inn’

This is almost too good to be true – the opportunity to invest in one of the best businesses offering multiple services to Monto. Freehold General Store, Take away, Restaurant and Conference Room, Showers and Laundry Service.

There is a private 3 bedroom residence beside the shop. Historical records show that business has been carried on here since the 1920’s. This long standing business was first registered as the ‘Duck Inn’ in 1947. It is now consistently turning over in excess of $1,000,000 annually.

The location, just off the Burnett Highway is close to Schools, Showground, Motel, Hospital, Nursing Home and Tennis Courts. The local area also has 2 large piggeries that are large employers and contribute towards the stable population in this town. This food outlet that caters for early breakfast for workers as well as supplying cut lunch, their laundry needs and showers if required. It is used frequently by construction workers because of this service.

A Golden Fried Chicken franchise is in place. The menu includes Pizza, all manner of hot take-away foods along with good Coffee and Cold Drinks. The Store and Residence is equipped with a 60 KVA diesel generator that can power both the shop and the residence in times of power outage.

The tourist attractions in this area support the continued potential of this business. The area is noted for the camping/fishing/boating etc at the Cania Dam which is serviced by 2 caravan parks. There is also Kroombit Tops, Kalpowar State Forest and Coominglah National Park in close proximity. Monto also services the campers from the Wuruma Dam.

Reliable trained staff is employed and the retiring owner offers onsite training to incoming owner.

This sale is only to facilitate the owners wish to retire. This business opportunity is very reasonably priced at $480,000 Walk in Walk out and is a once in a life time opportunity.

Property Code: 1845

Monto Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $234 ---
Retail $2051 --- ---
This is the average advertised price, rent and yield for Monto, QLD 4630*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in QLD for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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