SOLD
Sold on 10 Jul 2024 for $500,000

120 Gill Street
Charters Towers City QLD 4820

Bedrooms: -
Bathrooms: -
Car spaces: 30
Land area: 1997m2
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Property Details for 120 Gill St, Charters Towers City

Building Type
Commercial
Land Size
1997m2
Local Government
Charters Towers Regional
Lot/Plan
5/SP256347

Last Listing description (September 2024)

The Court House Hotel sets that standard for quality food, entertainment and budget accommodation
in the main street of Charters Towers, and includes additional licensed land for outdoor functions.

Land area 1997 square metres on two titles zoned Business or Centre.

Comprises a renovated two storey colonial style timber hotel circa 1887 of approx.
1000 square metres Gross Floor Area with a new roof, 29.4 kw solar array, beer garden, bar,
commercial kitchen, dining room, managers residence and 12 guest rooms with open verandah,
and licensed land for outdoor functions and future development.

Booming local economy driven by education, mining and pastoral interests.

Motivated owner needs to move on and will sell fully equipped and trading.

Enquiries to marketing agents RWC Townsville on 07 4726 7888.

Property History for 120 Gill St, Charters Towers City, QLD 4820

A timeline of how this property has performed in the market
Last Sold
$500,000
10 Jul 2024
  • 10 Jul 2024
    Sold for $500,000
  • 02 May 2024
    Listed for Sale $650,000
  • 05 Apr 2023
    Listed for Sale $750,000
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About Charters Towers City 4820

The size of Charters Towers City is approximately 2.9 square kilometres. It has 5 parks covering nearly 5.9% of total area. The population of Charters Towers City in 2011 was 1,949 people. By 2016 the population was 2,143 showing a population growth of 10.0% in the area during that time. The predominant age group in Charters Towers City is 10-19 years. Households in Charters Towers City are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Charters Towers City work in a professional occupation. In 2011, 54.7% of the homes in Charters Towers City were owner-occupied compared with 56.7% in 2016.

Charters Towers City has 1,430 properties. Over the last 5 years, Houses in Charters Towers City have seen a 52.46% increase in median value, while Units have seen a 7.06% increase. As at 31 October 2024:

  • The median value for Houses in Charters Towers City is $232,145 while the median value for Units is $251,139.
  • Houses have a median rent of $358 while Units have a median rent of $248.
There are currently 53 properties listed for sale, and 4 properties listed for rent in Charters towers city on OnTheHouse. According to CoreLogic's data, 96 properties were sold in the past 12 months in Charters towers city.

Suburb Insights for Charters Towers City 4820

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Contact agent
Graeme Russell
Show contact details
Ray White Commercial Townsville
Preferred contact:
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.