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17 Ramsay Street
Cloncurry QLD 4824

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 3376m2
Land area: 3376m2
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Calling All Investors! 20 Year Lease (10 x 10) - Returning $225,000 Per Annum Plus GST For The First Year Of The Term - Must Be Sold

Craig McVean and Scott Wells from RWC Gold Coast are pleased to present this trophy investment hotel opportunity, The Oasis Hotel, Cloncurry.
We have clear instructions that this property must be sold! Submit all offers today so you do not miss out on this fantastic investment opportunity.
• Currently tenanted with a 20-year lease (10 x 10) returning $225,000 (gross) per annum Plus GST fixed to CPI and market review every 5 years
• The hotel offers 12 air-conditioned motel room type accommodation which is in high demand with visitors and FIFO workers
• 20 highly sort after gaming authorities and modern machines
• Onsite Bottle shop
• Huge onsite CAT diesel generator that is able to power the whole property if there is a loss of power from the main grid, ensuring the continuation of a seamless electricity supply.
This remarkable property presents an incredible opportunity for those seeking a strong tenanted investment in the heart of Cloncurry. Boasting a prime location and an impressive array of features, this Hotel is sure to captivate the attention of astute investors and entrepreneurs.
Situated on a generous land area of 3376* square metres, this property offers ample space for various purposes providing a vast canvas to bring your vision to life. With its substantial size, the potential for customization and expansion is virtually limitless (STCA).
The property's location is second to none, nestled in the heart of Cloncurry. This prime position ensures excellent exposure and accessibility, attracting a steady flow of locals and visitors, the possibilities are endless.
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Property Details for 17 Ramsay St, Cloncurry

Building Type
Commercial
Floor Size
3376m2
Land Size
3376m2

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About Cloncurry 4824

The size of Cloncurry is approximately 8,110.6 square kilometres. It has 7 parks. The population of Cloncurry in 2011 was 2,796 people. By 2016 the population was 2,725 showing a population decline of 2.5% in the area during that time. The predominant age group in Cloncurry is 30-39 years. Households in Cloncurry are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cloncurry work in a machinery operators and drivers occupation. In 2011, 39% of the homes in Cloncurry were owner-occupied compared with 42% in 2016.

Cloncurry has 1,505 properties. Over the last 5 years, Houses in Cloncurry have seen a 39.69% increase in median value, while Units have seen a -7.22% decrease. As at 31 July 2024:

  • The median value for Houses in Cloncurry is $198,271 while the median value for Units is $312,061.
  • Houses have a median rent of $390 while Units have a median rent of $315.
There are currently 4 properties listed for sale, and no properties listed for rent in Cloncurry on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Cloncurry.

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Craig Mcvean
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Scott Wells
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RWC Gold Coast
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