43/45 Summerland Way, Kyogle is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 2478m2.
* Set centrally in the main street and the town of Kyogle, this fantastic opportunity has become available to own 3 shops, 1 including the laundromat business ,all in the one portfolio, and in 3 titles.
Laundromat is not rented, its run by the owner, ready to go.
There are 3 OPTIONS - as a whole - 2 shops , laundromat 2 shops separately, currently tenanted but vacant possession is available, laundromat can be sold separately - around the million mark for all 3 or 415k firm walk in walk out for laundromat - Laundromat price is firm and we will not look at offers.
* Shop 1 - The laundromat which includes the business which is very easy to run, return of around 60k per annum, 7 new machines, 6 dryers, gas run machines, gas hot water with additional machines included.
( this return does not include a wash and fold service and is the only laundromat in town and is always busy )
* Shop 2 - has had recent renovations , also rented for 13k pa.
* Shop 3 - is currently rented for 13k pa,
* The shops have a back access point which could be utilized for different genres.
* Kyogle is a beautiful township, relatively crime free, great little shops, markets and cafes.
* There are several subdivisions for residential and industrial use, most have started work, and is in line with the Bromelton Project of which the new highway will come through from Brisbane/ Beaudesert meaning a high demand for properties, rentals and growth.
* Dont miss your chance to be a part of this fantastic investment and lifestyle opportunity.
The size of Kyogle is approximately 30.1 square kilometres. It has 9 parks covering nearly 1.3% of total area. The population of Kyogle in 2016 was 2197 people. By 2021 the population was 2248 showing a population growth of 2.3% in the area during that time. The predominant age group in Kyogle is 60-69 years. Households in Kyogle are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kyogle work in a community and personal service occupation.In 2021, 67.00% of the homes in Kyogle were owner-occupied compared with 64.80% in 2016.
Kyogle has 1,491 properties. Over the last 5 years, Houses in Kyogle have seen a 52.55% increase in median value, while Units have seen a 30.58% increase. As at 30 April 2026:
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