138/140 Goonyella RoadMoranbah QLD 4744
Property Details for 138/140 Goonyella Rd, Moranbah
Last Listing description (April 2023)
A rare opportunity exists to capitalize on a new wave of investment in the mineral rich Bowen Basin, west of Mackay in North Queensland. Two prime properties in the 'economic hub' of Moranbah will appeal to the savvy investor or a developer looking for an immediate and substantial passive income while deciding how to best utilize the balance land.
The $1 billion Olive Downs coal project, about 40 km, south-east of Moranbah is the latest coal mine to be given the 'green light' by the State Government. Olive Downs is expected to create about 500 full-time jobs during construction and 1000 full-time operational jobs on average over its 79-year life span. Subject to Commonwealth Government approvals, Pembroke Resources expects to begin construction next year.
Investors over the past 12 months have been fighting to secure prime residential properties in Moranbah. The demand for industrial sheds is quickly out-stripping supply, as companies prepare to ride another major investment wave in the resource sector..
Being offer for sale, only minutes from Moranbah's CBD, are the following investment opportunities:
1: Investment opportunity - massive passive income until October, 2021: Lot 1/138 Goonyella Road covers 26,750m2. Currently leased to Boom Logistics until October 2021 with a generated income of $1.5 million (net) in the final two years of the current lease. Infrastructure includes 730m2 workshop, Masonry Block Office Building 550m2, Employee Facilities/accommodation Building 360m2, 3-bedroom house.
2: Investment opportunity - vacant industrial land: Lot 2/140 Goonyella Road is a 7019m2 high profile, industrial development site. The allotment is fully serviced. Buy to build and develop, or invest in the future.
Owner will consider separating the two properties.
For more information contact Col Wilson on 0429 493 773.
Property History for 138/140 Goonyella Rd, Moranbah, QLD 4744
- 11 Nov 2022Listed for Rent - Price not available
- 14 Sep 2021Listed for Sale Not Disclosed
- 14 Sep 2021Listed for Rent - Price not available
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0About Moranbah 4744
The size of Moranbah is approximately 3041.2 square kilometres. There are 31 parks, covering nearly 0.1% of the total area. The population of Moranbah in 2016 was 8735 people. By 2021 the population was 9425 showing a population growth of 7.9% in the area during that time. The predominant age group in Moranbah is 30-39 years. Households in Moranbah are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Moranbah work in a machinery operators and drivers occupation.In 2021, 27.30% of the homes in Moranbah were owner-occupied compared with 20.90% in 2016.
Moranbah has 4,493 properties. Over the last 5 years, Houses in Moranbah have seen a 34.30% increase in median value, while Units have seen a 57.68% increase. As at 30 April 2026:
- The median value for Houses in Moranbah is $365,744 while the median value for Units is $459,911.
- Houses have a median rent of $650 while Units have a median rent of $650.
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