OFF MARKET

50-60 Herbert Street
Boulia QLD 4829

Bedrooms: -
Bathrooms: -
Car spaces: 15
Land area: 6076m2
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Property Details for 50-60 Herbert St, Boulia

Building Type
Commercial
Land Size
6076m2
Local Government
Boulia
Lot/Plan
13/B2672

Last Listing description (March 2024)

Phone enquiries - please quote property ID 32188.

FREEHOLD
18% RETURN on INVESTMENT (as run by owners)

$350,000 - $400,000 Nett Annual

Picture a major Australian diagonal highway linking Cairns, through Alice Springs to Perth with Boulia and the Desert Sands Motel sitting RIGHT in the middle.
The funding for THE OUTBACK WAY has been approved and by 2027, the sealed highway from Cairns to Perth is planned.
The Desert Sands Motels 12 modern, updated units comes with an adjacent 3000 sq m vacant land and architectural plans for more units, all on main street/highway frontage.

Set in a quiet garden setting, within walking distance to all the local tourist attractions, eateries and services, the solidly constructed motel is ready to make the new owner instant return as it will be sold on a WIWO basis.

Currently operated by just a husband/wife team, this venture could be singly run as is, by a motivated couple OR successfully expanded into a major hospitality destination in Boulia.

This successful business features:

11 modern, renovated motel units with tiled floors and split systems
1 x 2 bedroom, fully self contained apartment
2 x 5 kW Solar Panels
Separate laundry with 3 industrial washing machines
3 storage sheds
Shaded garden barbecue area
an excellent reputation (4.5 Tripadvisor Rating)
Regular repeat bookings from Government, tourist and mining sectors
Spacious, modern, tiled 2 bedroom owners residence which houses:
-reception/office space
-small commercial kitchen with attached cold room
-infrastructure in place for potential restaurant and bar
-fully air conditioned with split systems throughout

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

Property History for 50-60 Herbert St, Boulia, QLD 4829

A timeline of how this property has performed in the market
Last Sold
$100,000
14 Mar 2014
  • 06 Sep 2023
    Listed for Sale Not Disclosed
  • 14 Mar 2014
    Sold for $100,000
  • 21 Aug 2009
    Sold for $880,000
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About Boulia 4829

The size of Boulia is approximately 155.1 square kilometres. It has 1 park covering nearly 0.2% of total area. The population of Boulia in 2011 was 232 people. By 2016 the population was 292 showing a population growth of 25.9% in the area during that time. The predominant age group in Boulia is 20-29 years. Households in Boulia are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Boulia work in a labourer occupation. In 2011, 28% of the homes in Boulia were owner-occupied compared with 34.2% in 2016..

Boulia has 177 properties. Over the last 5 years, Houses in Boulia have seen a 140.61% increase in median value. As at 31 August 2024:

  • The median value for Houses in Boulia is $263,592 while the median value for Units is $197,433.
There are currently 1 property listed for sale, and no properties listed for rent in Boulia on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Boulia.

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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.