EAST GIPPSLAND FREEHOLD POST OFFICE + RESIDENCE - SECURE INCOME

ABOUT:

The Cann River Post Office with an attached residence has been owned and operated by our lady vendor for the past 27 years and being time to retire is offering a rare opportunity for a buyer to acquire a home and post office business at a  heavily discounted price.

THE BUSINESS:

The Post Office section attached to the front of the residence comprises 1 large counter and epos machine  with 120 private boxes and over 200 delivery points. The major part of the working operation  involves  incoming parcels and banking facilities with presentation of Australia Post products that includes Stationary, Gifts, Books complying with Australian Post requirements with ample room for storage and parcel collection.

SERVICES AND PRODUCTS

Services include mail and parcel collection facilities  with other postal services that include bill payments ,banking plus the sale of  Australia Post Products.

THE RESIDENCE:

Imagine living on a generous 1012 Sq Metre  treed block with a  private garden enhanced by numerous  fruit trees  opposite a beautiful park in an updated and renovated 4 bedroom  country residence then  stepping from your home  into the attached Post Office to be greeted by a  loyal regional customer base.

A rare opportunity to enjoy secure Post Office income of $ 75k plus with residential and business freehold ownership  at an affordable price.


THE REGION:

Cann River is situate at the junction of the Princes and Monaro Highways being 3 hours from Canberra and just 1 hour from the magnificent  Sapphire Coast region within commuting distance of the vibrant city of Bairnsdale. Surrounded by State Forests  this proud community boasts a Bush Nursing Centre, Community Centre, V line daily service  with supporting business's that include a motel, bakery, hotel,  cafes and  and fuel outlets with proposed reopening of the IGA Supermarket plus  Primary and Secondary High Schools just 10 minutes from the residence.


TRADING HOURS:

Monday-Friday  9am - 5pm with 1 hour lunchtime closure each day
No weekend opening

GROSS INCOME  FEATURES - GST INCLUSIVE

Australia Post Commission  

2023:    
Australia Post Commission           $ 80,621,00
+ Stock   Sales                                  $12,738.00

2024:      
Australia Post Commission           $  86,676.00
+ Stock Sales                                    $ 11,784.00

2025:          
Australia Post Commission          $ 87,021,00  
+ Stock Sales                                    $11,258.00

2026
Interim Financials  Available

Low Overheads
ROI 60% +



OPPORTUNITY SUMMARY:

The business would ideally suit a  person or couple wanting  affordable home and business ownership seeking long term security in a lifestyle environment.

Vendor is genuinely retiring and has reduced the sale price to immediately  sell.

Bank borrowing options may be  available.

For further information please contact Select Business Brokers as detailed.