26 Catherine Street Malanda QLD 4885

- Business shows a 25% return on current net profit
- Successfully operating for nearly 30 years
- Sole hardware store in town
- Located in the heart of Malanda
- Freehold property, together with the Plant & Equipment, and Business offered for sale
- Two-storey masonry block complex with retail showroom on the ground floor, 2-bedroom Manager's Residence above
- Land area 1,012m²
- Gravel hardstand car parking providing off-street car parking for 10 vehicles

May be purchased Business and Freehold together, or the Business separately from the Freehold, as follows,
Business only:
> Plant and Equipment $125,000
> Goodwill $220,000
Total Business only $345,000
In purchasing the Business only, Gross Rental pa is as follows,
> 26 Catherine St $45,480
> Storage (off-site) $ 6,240
> Rates $ 5,528
> Insurance $ 6,859
Total Gross Rental $ 64,107 pa (GST not applicable)

Freehold and Business Together:
> Business $345,000
> Freehold $650,000
Total $995,000

In both instances, Stock is additional (in the range of $360,000 to $380,000)

For further information or to arrange an inspection, please contact Angelo Castorina or Stacey Quaid at Colliers.

*Approx.
^Outlines / markups indicative only