FOR SALE
Offers Over $2,500,000 Plus Sav

26-28 Palmer Street
Karumba QLD 4891

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5021m2
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Ocean Front Queensland Resort Style Motor Inn ( NB The adjoining tavern could also be for sale )

The romance of the outback
The Magnetism of the Ocean
The exceptional money making income  
Derived and enjoyed from this magnificent resort.
Ideally suited to a family group or two business partners to capitalise on this already successful business.
Written words could never accentuate the outstanding possibilities this resort offers.
NB note: this resort defies any comparison to any east coast motel currently on the market.
FHGC Motels of this caliber are indeed a rarity.
For further information and a copy of the memorandum please call Andrew or Carla ( 0434 552 550 )

Property Details for 26-28 Palmer St, Karumba

Building Type
Commercial
Land Size
5021m2

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About Karumba 4891

The size of Karumba is approximately 136.9 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Karumba in 2011 was 587 people. By 2016 the population was 522 showing a population decline of 11.1% in the area during that time. The predominant age group in Karumba is 50-59 years. Households in Karumba are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Karumba work in a labourer occupation. In 2011, 50% of the homes in Karumba were owner-occupied compared with 57.4% in 2016.

Karumba has 410 properties. Over the last 5 years, Houses in Karumba have seen a 4.74% increase in median value, while Units have seen a -4.36% decrease. As at 31 October 2024:

  • The median value for Houses in Karumba is $157,178 while the median value for Units is $288,166.
There are currently 7 properties listed for sale, and no properties listed for rent in Karumba on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Karumba.

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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.