Newsagency and Post Office
The Summit l QLD
Ref: NR4071

LPO and General Store - Business and Property For Sale

The Summit nestles in the mountain range which defines the border between New South Wales and Queensland.

The Shop: The shop is very neat, bright and clean, with one good size counter. The Post Office is a very secure, monopoly type business and the working conditions are pleasant. A Security System is fitted and there is Wheelchair access to the Post Office. The general store is very spacious and decked out perfectly for ease of shopping.

The property: A spacious solid building set on a large corner parcel of land with ample room to construct a dwelling behind the shop.

The Business: Open Monday to Sunday 6:00am to 6:00pm. Equipped with (1) Epos terminals, (1) Barcode Scanners, (1) Label Printers (1) Electric Cash Drawers. There are currently 299 private boxes installed with 90% occupancy. This business can be operated very comfortably by a husband and wife team plus 2 part-timers. Ideal family business

Services Provided: This Licensed Post Office provides most of Australia Post Services including Western Union Money Transfer, Bank at Post, Bill pay and Facsimile/Photocopy Services. The income is very consistent and increasing annually.

Opportunities: Apply to Australia Post for new passport service. Introduce additional. Introduce additional products; Working with children, promote 100-point ID – checks and photos, Promote Newsletter Advertising.

The Location & Supporting Benefits: The Summit is a town and locality in the Southern Downs Region of Queensland. In the 2011 census The Summit had a population of 484 people. The total population, including the town of Stanthorpe and the surrounding northern villages, would be approximately 6,000.

This is increased by approximately 1,000 over the picking season which runs from November until May each year.

The Summit is served by the highest post office in Queensland, with an altitude of over 900 metres. Just 7 km from Stanthorpe in the Granite Belt, and 220 km south-west of Brisbane, the scenery around this prolific apple-growing region is spectacular.

The Summit is predominantly farmland with some urban development surrounding the railway station. Apart from apples the district producer's pears, grapes, plums and peaches in abundance. It's also one of the coolest parts of Queensland.

The Summit is handy to the Girraween and Boonoo Boonoo Falls National Parks. Both attract a constant flow of serious and recreational bushwalkers. It is a very social community with an Apple & Grape Festival that brings thousands to the area. There are many wineries and all general sporting activities including bike riding which is popular due to the hilly landscape.

Net income approximately $300,000 + per annum

Price: $870,000 + S.A.V. Freehold question mark popup button
Marlow & Co
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Australian enquiry? Yes No

Broker : Nino Ruscitti
Phone: 03 9885... (click to show)
Mobile: 0409 500... (click to show)
Fax: 03 9813... (click to show)
1st Floor, 261 - 267 High Street

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