Located on the South Eastern entrance into Kingaroy CBD directly opposite a new BUNNINGS STORE, MITRE 10 and HARVEY NORMAN. This 4,046m2 allotment, set on 2 lots, not only has D’Aguilar Highway frontage with average daily traffic of 5000-6000 vehicles per day, but also has a second frontage on Kingaroy-Cooyar Road giving this allotment dual occupancy options.
Housing several small businesses in approx. 480m2 sheds, this prime 4,046m2 allotment is 100% the “Mayfair” of the Kingaroy allotments. Currently zoned as industrial, this property will be highly sought after by both franchisee businesses and private business owners looking for maximum exposure.
The ideal location for business investment within the thriving South Burnett community. Kingaroy is the hub of commerce and essential services in the South Burnett. A region with $1.56 Billion GRP, 32555 residents and 2-4% yearly retail trade growth since 2010 (source: https://economy.id.com.au/south-burnett; http://statements.qld.gov.au/Statement/Id/76887 )
Ongoing business investment and growth in the area is strong. Kingaroy has recently seen a refurbishment of the fire and ambulance stations, a new state of the art Police station (home to the Queensland academy’s rookie police), new Court house, private hospital upgrade and $60 million dollar upgrade of the local abbatoire. Announcements of a $68 million-dollar upgrade to the local base hospital, approval for AGL wind farm and plans for Kingaroy CBD renewal show this growth is set to continue.
Kingaroy is also seeing sustained increases in tourism. Being well known as the peanut capital of Australia, with the largest processing plant and iconic peanut silo’s decorating the skyline, Kingaroy is also becoming a popular destination as part of the South Burnett wine trail.
Rural settlement dates back to 1843, and today the town boasts home to a large shopping centre housing 51 specialty stores including Big W, Woolworths and Best and Less, a stand-alone Aldi store and a super IGA complex about to undergo a major expansion. Under construction and due for completion soon, is a new Bunnings store. Kingaroy has most major fast food outlets, the CBD houses 4 schools, 2 state and 2 private, Tafe college and several small schools in the adjoining outer lying towns.
If you’re looking for a location to invest that will produce long term capital growth, Kingaroy is the town.