89 Cambridge StreetMitchell QLD 4465
Property Details for 89 Cambridge St, Mitchell
Last Listing description (September 2019)
Colliers International are pleased to offer the fully leased Mitre 10 in Mitchell Central Queensland for sale by Offers to Purchase.
The Mitchell Mitre 10 Hardware Plumbing, Household Goods and Ergon Bottled Gas Supply Business at 89-91 Cambridge Street, Mitchell, Queensland, is a well known vibrant landmark of the town of Mitchell in the heart of the booming Surat Basin coal seam gas region of South West Queensland. The business has been successfully serving the needs of the people of Mitchell and its surrounding rural areas for over 80 years. The current owners have owned the property for around 38 years and have recently sold the business to a new operator and secured a long term lease as part of the transaction.
Mitchell is a rural town located 500 km north-west of Brisbane and 80 km west of Roma on the Warrego Highway and the Maranoa River.
Key features of the property include:
- Property is home to the successful Mitre 10 franchise
- New lease paying $189,000 per annum plus all outgoings
- 10 year initial term plus options
- 2,023m land parcel
- Prominent position on the main street in Mitchell
- Suitable for showroom/office/medical/retail
- Land rich property acquisition
For further information please contact the exclusive marketing agents at Colliers International..
Property History for 89 Cambridge St, Mitchell, QLD 4465
- 13 Jan 2020Sold for $200,000
- 26 Oct 2016Listed for Sale Contact Agent
- 31 Jan 2015Listed for Sale CONTACT AGENT
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0About Mitchell 4465
The size of Mitchell is approximately 602.6 square kilometres. It has 5 parks covering nearly 2.6% of total area. The population of Mitchell in 2016 was 1031 people. By 2021 the population was 995 showing a population decline of 3.5% in the area during that time. The predominant age group in Mitchell is 60-69 years. Households in Mitchell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mitchell work in a labourer occupation.In 2021, 64.50% of the homes in Mitchell were owner-occupied compared with 71.20% in 2016.
Mitchell has 708 properties. Over the last 5 years, Houses in Mitchell have seen a 115.11% increase in median value. As at 30 November 2025:
- The median value for Houses in Mitchell is $178,675 while the median value for Units is $286,530.
- Houses have a median rent of $170.
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