OFF MARKET

11 Hovard Road
Bald Knob QLD 4552

Bedrooms: 8
Bathrooms: 8
Car spaces: 5
Land area: 18211m2
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Property Details for 11 Hovard Rd, Bald Knob

Building Type
Commercial
Land Size
18211m2
Local Government
Sunshine Coast Regional
Lot/Plan
10/RP8441

Last Listing description (November 2021)

ON OFFER IS;
Six lavishly appointed private cabins with mesmerizing valley views.
A separate motel style room for disability access.

A recently renovated main residence with modern kitchen, two bedrooms, ensuite and wrap around verandas.
A stunning function centre with commercial kitchen, bar, wine cellar and outdoor entertaining area overlooking gorgeous hinterland views.
Well maintained grounds and a self-contained American Barn on a spacious 4 acres.
CABIN ACCOMMODATION
Six luxurious cabins all with private hinterland views and linked by a covered walkway to the function centre. The cabins cater for short stay romantic getaways and come with private deck, spa bath, kitchenette and plush furnishings. Guests are served a generous B&B style breakfast in the outdoor dining area of the function centre. A continental breakfast basket could be an option also.
The motel style Garden Room has fully approved disability access and is located on the ground floor attached to the function centre & adjacent to the outdoor area.
FUNCTION CENTRE
This purpose-built centre is designed to cater for small functions for up to 50 guests (e.g. corporate planning events, cooking schools, birthdays, weddings, retreats). It has a full commercial kitchen, bar with wine cellar and indoor dining room with fireplace. An alfresco kitchen with wood-fired pizza oven complements an outdoor covered patio with timber deck for dining, overlooking those wonderful valley views. A commercial laundry and linen store room is also integrated in the delivery area of the centre located below the Main Residence.
MAIN RESIDENCE
The recently built main caretaker's residence, has been meticulously designed to integrate into the centre and has an external stair access to the function centre from a wraparound verandah. It has two bedrooms with the master suite incorporating a generous walk in robe. A separate boardroom can be utilised as a guests' media room, yoga room, meeting room, wedding preparation room or third bedroom for the residence, offering many possibilities.
PROPERTY
Located in the Maleny wedding triangle, 5 minutes to the foremost wedding centres on the coast. It is under a half hour to the beautiful Sunshine Coast beaches and an hour from Brisbane.
The 1.82Ha (4.5 acre) block has been skillfully terraced with substantial sandstone rock walls, forming 3 access roads to service the cabins, function centre, house and barn.
A central waterway of 3 dams (with waterfall), forms a lovely walkway amongst the landscaped gardens and winding bitumen roads.
There is a huge self-contained American Barn with mezzanine floor & custom-built storage shelving, this could be utilised for an on-site gardener/worker residence or extra room for functions.
Water supply consists of nine storage tanks totalling 204,300 litres.
A new wastewater treatment system is also a recent addition, as is the chook pen.
CONSIDERATION
This stunning accommodation property is being offered for sale with website, advertising, operational equipment, forward bookings etc. all in place on a walk-in walk-out basis.
A healthy inventory is also included, as is guest database.
Impressive profit figures have been rapidly increasing, even more so through the post Covid period with local tourists, (currently running at 93% occupancy).
There is also potential to increase profits by maximizing the function centre facilities.
There is a new quality website and booking system and the sellers will ensure adequate training to ensure seamless change over.
A new security system encompasses the property giving you complete control of your investment.
The accommodation property boasts an Exceptional Rating on Booking.com with over 500 reviews and an enviable guest return and occupancy rate.
This class establishment is being sold as a Going Concern and the current owners are ready to move on and have genuine reasons for sale.
Figures are available upon inspecting the property and signing a Confidentiality Agreement.
If you are after a lifestyle accommodation property or Bed & Breakfast with a generous income stream, assured capital growth and potential to expand in many areas, then this is a definite must-see!
Call Doug for a private inspection 0418 761 404.

Property History for 11 Hovard Rd, Bald Knob, QLD 4552

A timeline of how this property has performed in the market
Last Sold
$1,800,000
23 Sep 2021
  • 23 Sep 2021
    Sold for $1,800,000
  • 12 Oct 2020
    Listed for Sale Offers Above $2.1 Million
  • 06 Mar 2017
    Listed for Sale $1,450,000
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About Bald Knob 4552

The size of Bald Knob is approximately 20.1 square kilometres. It has 5 parks covering nearly 0.1% of total area. The population of Bald Knob in 2011 was 255 people. By 2016 the population was 252 showing a population decline of 1.2% in the area during that time. The predominant age group in Bald Knob is 60-69 years. Households in Bald Knob are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Bald Knob work in a managers occupation. In 2011, 72.4% of the homes in Bald Knob were owner-occupied compared with 84.3% in 2016.

Bald Knob has 185 properties. Over the last 5 years, Houses in Bald Knob have seen a 105.12% increase in median value. As at 30 September 2024:

  • The median value for Houses in Bald Knob is $1,583,314 while the median value for Units is $640,009.
There are currently 3 properties listed for sale, and no properties listed for rent in Bald knob on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Bald knob.

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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.