SOLD
Sold on 23 Nov 2023 for $480,000

18 Main Street
Almaden QLD 4871

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 8095m2
Sold By
McDonald Hospitality Brokers (MHB)
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Property Details for 18 Main St, Almaden

Building Type
Commercial
Land Size
8095m2
Local Government
Mareeba
Lot/Plan
13/LD113

Last Listing description (November 2023)

EXCLUSIVE TO MHB

A classic outback pub that the current owners have turned into a profitable enterprise with multiple income streams.

Ready for new owners to come and make their mark on Far North Queensland.

Neat as a pin, this hotel has consistent income coming through with The Savannahlander train and, has a great reputation in the area for taking care of its customers and workers in the region.

Also offering 4 accommodation rooms adjoining the hotel which are incredibly well presented and 22 worker accommodation rooms out the back with multiple shared facilities see why this is such a popular destination.

The Hotel boasts the only Post Office facility and earns a yearly amount for this service.

A huge undercover beer garden/eatery area and expansive grassland out the back lend itself well for those wanting to hold functions or weddings at the hotel.

A 3 x bedroom, 1 x bathroom onsite residence with a full commercial kitchen could see a family or active couple run this hotel and take it to another level.

Key Features:

* Multiple income streams across beverage, food and accommodation
* Huge expansive land at rear - perfect for functions and weddings
* Large open plan public bar with pool table
* Excellent worker accommodation with multiple shared facilities
* Only Post Office service in the area
* Has been run under a lease, so there are options for the new owners
* 3 x bedroom, 1 x bathroom family residence
* Situated upon approx. 8,095m2 in total of GO2 Rural Zoned land

Priced to sell, this is a terrific offering.

Come and immerse yourself in the fabric of the Far North and start your own legacy at this iconic pub.

For more information and to book an inspection contact Alex Stagg at MHB direct on 0406 856 710.

Property History for 18 Main St, Almaden, QLD 4871

A timeline of how this property has performed in the market
Last Sold
$480,000
23 Nov 2023
  • 23 Nov 2023
    Sold for $480,000
  • 10 Aug 2023
    Listed for Sale Freehold Going Concern - Offers over $580K
  • 26 May 2022
    Listed for Sale Asking Price Mid $500k
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About Almaden 4871

The size of Almaden is approximately 791.9 square kilometres. It has 1 park. The population of Almaden in 2011 was 330 people. By 2016 the population was 68 showing a population decline of 79.4% in the area during that time. The predominant age group in Almaden is 40-49 years. Households in Almaden are primarily couples with children and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Almaden work in a clerical occupation. In 2011, 66.7% of the homes in Almaden were owner-occupied compared with 90.5% in 2016..

Almaden has 64 properties. Over the last 5 years, Houses in Almaden have seen a -31.92% decrease in median value. As at 31 July 2024:

  • The median value for Houses in Almaden is $166,733.
There are currently no properties listed for sale, and no properties listed for rent in Almaden on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Almaden.

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Disclaimer
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.