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St George, Queensland 4487

St George, Queensland 4487

St George, Queensland 4487

St George, Queensland 4487

St George, Queensland 4487

St George, Queensland 4487

St George, Queensland 4487

St George, Queensland 4487

St George, Queensland 4487

St George, Queensland 4487

St George, Queensland 4487

St George, Queensland 4487

St George, Queensland 4487

Freehold Super Investment with Newsagency plus Residence - St George, Qld

Listing ID: 1010

St George, Queensland 4487

  • Type Business | For Sale
  • Location ST GEORGE
  • Price Price: $895,000 Freehold plus SAV

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Business Features

If you're looking for a strong Super investment that offers both options and security, this excellent opportunity in St George ticks all the boxes.
On offer here is a freehold commercial building, with a busy, long established newsagency plus an additional income stream from the upstairs apartment.
The only one in this busy country town, St George Newsagency offers excellent cashflow, with a 2016 net return of $180,000.

2 freehold blocks with commercial premises plus residence
2.5 bedroom residence generates $250 per week
Newsagency established for over 50 years
Owned and operated by the current owners since 2000
Excellent reputation plus regular, loyal clientele
Business turnover around $1 million plus agencies commissions of $70,000
Largest range of magazines, books and stationery in the area
Only Gold Lotto agency in town
Dry cleaning service + other products
The business has 7 sub agencies servicing the town and outlying areas
Fully computerised and easy to operate with bar-coding of all stock
Financial statements available for serious buyers

Whether you're seeking a Super investment, or strong family business, this one is well worth further investigation.
St George is a thriving town and service centre, offering great infrastructure, plus a variety of education and health services.
Future growth in the area will offer great potential for this already successful enterprise.

Price: $895,000 Freehold plus SAV
SERIOUS VENDOR PRICE REDUCED

LOCALITY ( get directions )

St George, Queensland 4487