A rare opportunity to purchase a commercial building in a good position is now available. The cavity brick building is divided into 3 shops, each with a floor area of approximately 175sqm. There are 3 long term tenants in place....Stanthorpe Therapeutic Centre, The Pizza Place and the Stanthorpe Laundromat.
Rent for each shop is $900 calendar month, showing a gross return of $32,400p.a.
Currently there are no leases in place, but tenants are keen to negotiate long term leases with the new owner. Yearly gross rates are approximately $5,100.
The size of Stanthorpe is approximately 33.8 square kilometres. It has 24 parks covering nearly 2.0% of total area. The population of Stanthorpe in 2016 was 5406 people. By 2021 the population was 5286 showing a population decline of 2.2% in the area during that time. The predominant age group in Stanthorpe is 60-69 years. Households in Stanthorpe are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Stanthorpe work in a labourer occupation.In 2021, 65.70% of the homes in Stanthorpe were owner-occupied compared with 63.80% in 2016.
Stanthorpe has 3,318 properties. Over the last 5 years, Houses in Stanthorpe have seen a 127.96% increase in median value, while Units have seen a 68.79% increase. As at 31 December 2025:
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