Exciting opportunity for a couple and or family to purchase a profitable hardware store with huge potential to take to the next level.
This Mitre 10 store is 22klms to the nearest opposition and almost 50klms to the nearest Bunnings.
Established approx 50 years ago, current owners about 15 years , wishing to retire.
Stocking a vast range of products, all departments including but not limited to, paints, plumbing, tools, power tools, plants and garden accessories, electrical, timber, plaster board, various sheeting, kitchen design, tiles, pavers, keys cut, bolts, nails, fasteners, fencing requirements in fact everything for the handyman and trades person.
Excellent presentation, spacious, prominent position, bright with plenty of light. Enjoys both trade and home handy man customers, offers monthly Mitre 10 specials and reaps the benefits of being in the nation-wide Mitre 10 group.
Recent upgrades such as solar panels, timber yard improvements, computers, roof and all shelving upgraded.
This area is growing, is a sought after lifestyle change location and has a population of about 5000 people.
Qualified, knowledge staff in place, operating 5 days per week and two half days Saturday and Sunday.
Fully computerised, with point of sale system and security system in place.
The leasehold business and or the freehold are both for sale.
INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.
NOTE: All figures are approximate.
Property Code: 2065
The size of Geeveston is approximately 232.4 square kilometres. There are 9 parks, covering nearly 82.6% of the total area. The population of Geeveston in 2016 was 1302 people. By 2021 the population was 1431 showing a population growth of 9.9% in the area during that time. The predominant age group in Geeveston is 60-69 years. Households in Geeveston are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Geeveston work in a labourer occupation.In 2021, 81.20% of the homes in Geeveston were owner-occupied compared with 78.00% in 2016.
Geeveston has 812 properties. Over the last 5 years, Houses in Geeveston have seen a 39.85% increase in median value, while Units have seen a 169.70% increase. As at 30 June 2026:
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