FOR SALE
$3,500,000 neg

112 Kookaburra Street
Townview QLD 4825

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 3386m2
Land area: 3386m2
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Restaurant and Motel in one! Highway Frontage...

For Sale & Lease!
Iconic Abyssinia Restaurant & Townview Motel are for sale and lease!.
Sold together as a magnificent opportunity to invest in Mt Isa or custom designed lease if the restaurant by itself is a perfect business opportunity for you.
The Townview Motel and Abyssinia Restaurant are fully functional and all inclusive, with trained staff including chef! The restaurant is popular & private, serving international food and features new bar, 2 separate dining areas and lounge area. There are ample staff amenities and on site accommodation, including 2 newly renovated staff living facilities. There is also a large air conditioned conference room and Al fresco dining area under shade of Bali style huts!
The motel is situated in a great high traffic location with excellent street frontage. Consisting of 33 rooms, ranging from Twin share, Double, Queen and Budget rooms to a fully self-contained 3 bedroom cottage! Staff accommodations & renovated reception area, in ground pool and laundry facilities are all part of the package.
Must be seen to be appreciated!!
Please call Kieran Tully 0416 177 001 or Sam Johnston on 0467 076 756 for more information.
Property Code: 746

Property Details for 112 Kookaburra St, Townview

Building Type
Commercial
Floor Size
3386m2
Land Size
3386m2

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About Townview 4825

The size of Townview is approximately 1.1 square kilometres. It has 2 parks covering nearly 1.7% of total area. The population of Townview in 2011 was 2,370 people. By 2016 the population was 2,061 showing a population decline of 13.0% in the area during that time. The predominant age group in Townview is 0-9 years. Households in Townview are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Townview work in a trades occupation. In 2011, 48.1% of the homes in Townview were owner-occupied compared with 47.5% in 2016.

Townview has 955 properties. Over the last 5 years, Houses in Townview have seen a 20.08% increase in median value, while Units have seen a -10.01% decrease. As at 31 October 2024:

  • The median value for Houses in Townview is $242,172 while the median value for Units is $268,784.
  • Houses have a median rent of $423 while Units have a median rent of $270.
There are currently 4 properties listed for sale, and 3 properties listed for rent in Townview on OnTheHouse. According to CoreLogic's data, 26 properties were sold in the past 12 months in Townview.

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Kieran Tully
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Sam Johnston
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City and Country Realty - MOUNT ISA
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