1711 Maleny-Kenilworth Road,
Conondale, QLD 4552
Freehold $1.6M + SAV or Leasehold $650k + SAV
Key property information
Map of 1711 Maleny-Kenilworth Road
Outstanding Opportunity in Tourism Hotspot - The Conondale General Store
The small village of Conondale arose as a result of farming families moving into the district. A state school was opened in 1912, and the butter factory converted as a public hall. The Conondale Sawmill was constructed in the early 1930s by M.R. Hornibrook Pty Ltd to supply hardwood for the bridge project, subsequently known as the Hornibrook Bridge, linking Redcliffe with Brisbane.
The Conondale National Park was established nearby in 1931, and expanded in 1995. A variety of regular events (markets, etc.), and a tourist walk through the Conondale Range National Park, brings strong numbers of visitors to the town, with an increasing number of short term accommodation options becoming available.
The Conondale General Store sits proudly in the centre of the community, opposite the primary school, public pool and tennis courts. Since its beginning in 1949 the Conondale General Store has been the central point for the community of Conondale, situated in between Maleny and Kenilworth, on Queensland's busiest tourism drives - Maleny Kenilworth Road.
The current owners have advanced the business tremendously over the last 17 years. With consistent and significant annual turnover at very attractive profit margins, the categories (not limited to) include:
• AusPost (limited services),
• Magazines (licensed newsagent) and news items,
• Convenience and grocery items,
• Fuel (unleaded, premium unleaded and diesel),
• Fresh prepared food
• Automotive and tooling hardware.
There is also scope to further increase this turnover and profit with ease in some simple and key areas'.
The property also offers a neat, tidy 3 bedroom home adjoined to the store, with a large shared kitchen, with a beautiful swimming pool, or a terrific opportunity to expand the shop front in to the current residence.
There are 3 opportunities to purchase the Conondale General Store:
• Freehold for $1,600,000 plus stock at value
• Leasehold for $650,000 plus stock at value
• Site (only) for $950,000
The preference for the owners is to sell the property freehold, however will explore Leasehold options.
The Conondale General Store is an iconic part of the Sunshine Coast Hinterland, and the Upper Mary Valleys history and represents an amazing opportunity to the astute buyer and investor with excellent returns.
Please contact Allister Millican for a copy of the confidentiality agreement to learn more about this fantastic opportunity.
Explore property virtually
If you'd like to inspect this property in person, please to arrange a private inspection.
Property ID: 503871902Last Updated: 13 Oct 2021