Freehold General Store, Licensed Post Office and Residence
If it's a steady income and a comfortable lifestyle you're after, then be sure to inspect this excellent investment in the Granite Belt village of The Summit. Located 30 minutes from Warwick and 10 minutes from Stanthorpe, just off the New England Highway, this home and business is well positioned.
At 900m above sea-level, this village has a real sense of community, enjoys good clean air and beautiful scenery, and is know for its local wineries.
The only store in the village, Summit Store and Post Office sells groceries, newspapers, fuel, cold drinks and confectionery, tobacco products, hot pies and general merchandise. The store has a regular and loyal customer base consisting of locals, workers and backpackers.
The Licensed Post Office has 299 PO Boxes - 85% of which are occupied - and offers all Post Office services, such as Billpay, banking, mobile phone credits, Western Union money transfers and more.
Being an independent freehold business, there are no franchise fees, no regulations and no rent - and that means more money in your pocket every week.
The combined business currently supports a mother, daughter and son team, with the residence located just two doors down. The Summit Store opens 7 days a week, 6am to 6pm.
At a glance:
- No immediate competition; no known supermarkets moving into the area
- Fully renovated over 3 years, with all new fixtures and fittings throughout
- Large working customer base and highly profitable, with net profit of $285,000 pa
Add to this the low cost of living, cool summers and friendly happy community, and enjoy a happy, stress-free life.
Freehold Price: $850,000 + SAV
(Optional 3-bedroom residence available for $250,000, option for purchaser to rent)