79 Mills AvenueMoranbah QLD 4744
Property Details for 79 Mills Ave, Moranbah
Last Listing description (February 2023)
QCommercial Properties in conjunction with RE/MAX U is proud to present to the market a semi modern service station investment fully leased to national fuel retailer United Petroleum on a whole of land lease. There is an adjoining mechanical workshop that is subleased by United to Coalfields Tyre & Mechanical. This rare investment located in the Bowen Basin will be well sort after and would suit any astute investors' core asset portfolio.
- Net rent $271,788* + GST
- Land area - 2,289m2 *
- United Petroleum Lease - Expiring 28 Jan 2025
- Options - 3 x 5 year
- Crown lease term 26/10/1996- 25/10/2046 (50 years)
- Annual reviews - CPI
- Tenant pays all outgoings except Crown Rent
- Bank Guarantee - $71,472.50
- Tenant responsible for any incremental contamination
- Close to schools, shopping centres, airport and hospital
- Rare opportunity to buy a Bowen Basin Service station investment
- Owner keen to sell and will consider circa 9% yield
*Approximate
Please call exclusive marketing agent Deepen Khagram to obtain a copy of the information memorandum.
Property History for 79 Mills Ave, Moranbah, QLD 4744
- 06 Jul 2022Sold for $2,136,500
- 04 Nov 2021Listed for Sale $2,500,000
- 20 Aug 2009Sold for $1,500,000
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0About Moranbah 4744
The size of Moranbah is approximately 3041.2 square kilometres. It has 31 parks covering nearly 0.1% of 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 4,495 properties. Over the last 5 years, Houses in Moranbah have seen a 40.75% increase in median value, while Units have seen a 64.04% increase. As at 31 December 2025:
- The median value for Houses in Moranbah is $382,394 while the median value for Units is $442,586.
- Houses have a median rent of $680 while Units have a median rent of $680.
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