75-83 Burnett HighwayBiloela QLD 4715
Property Details for 75-83 Burnett Hwy, Biloela
Last Listing description (July 2020)
This large 40 room motel sits on the Burnett Highway on the entrance to the town of Biloela, a very busy centre in central Queensland.
The motel enjoys consistent trade and high occupancy and offers a range of accommodation from motel rooms, studio rooms and cabins that offer self-contained accommodation.
The Biloela Countryman Motel is showing great year-on-year returns with a very healthy net profit in excess of $600k and the experienced staff are keen to help the new owner with the transition
- 40 rooms, all different configurations
- Strong bottom line
- Mix of motel and self-contained cabins on a very large block
- Town has a diverse range of industries
- Large owners accommodation
- Property inspections are by appointment only
Property History for 75-83 Burnett Hwy, Biloela, QLD 4715
- 31 Jul 2024Sold for $4,630,000
- 26 Nov 2020Sold for $2,600,000
- 18 Dec 2019Listed for Sale $3,850,000
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0About Biloela 4715
The size of Biloela is approximately 17.6 square kilometres. It has 17 parks covering nearly 7.8% of total area. The population of Biloela in 2011 was 5,884 people. By 2016 the population was 5,770 showing a population decline of 1.9% in the area during that time. The predominant age group in Biloela is 0-9 years. Households in Biloela are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Biloela work in a trades occupation. In 2011, 57.3% of the homes in Biloela were owner-occupied compared with 57.5% in 2016.
Biloela has 2,907 properties. Over the last 5 years, Houses in Biloela have seen a 84.62% increase in median value, while Units have seen a 18.34% increase. As at 30 November 2024:
- The median value for Houses in Biloela is $320,322 while the median value for Units is $237,010.
- Houses have a median rent of $370 while Units have a median rent of $290.
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