29 Regent StreetCoen QLD 4892
Property Details for 29 Regent St, Coen
Last Listing description (October 2023)
Off Market Hotels are pleased to present to market the freehold going concern of the Exchange Hotel Coen. Located on over 3.45 acres of land boarding the Coen River. The camping ground (approximately 3 acres), caters for all types of travellers up and down the Cape.
This is a real opportunity to own a piece of history. Early in the 70's a couple of patrons climbed up onto the hotel and wrote an 's' in front of the Exchange. The hotel is famously known as the 'sExchange Hotel'
HIGHLIGHTS
Net Profit $404,000 27% ROI
The hotel sits on 3.45 acres of land
Well maintained building in the main street of Coen
Strong cashflow business, with exceptional forecasts on projects in the region
Heavily supported by a variety of travellers, corporate, tourism & fishing within the region
Good mix of accommodation, liquor & meals
Range of accommodation options, fully self-contained motel rooms, donga's and campground
5 bedroom residence for owner, 2 bedroom staff donga & 1 bedroom staff unit
ENQUIRE NOW!
Property History for 29 Regent St, Coen, QLD 4892
- 13 Oct 2023Listed for Sale $1,475,000
- 24 May 2023Listed for Sale $1,550,000
- 01 Jul 2010Sold for $500,000
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About Coen 4892
The size of Coen is approximately 7,899.6 square kilometres. It has 7 parks covering nearly 129.3% of total area. The population of Coen in 2011 was 416 people. By 2016 the population was 360 showing a population decline of 13.5% in the area during that time. The predominant age group in Coen is 20-29 years. Households in Coen are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Coen work in a professional occupation. In 2011, 31.5% of the homes in Coen were owner-occupied compared with 16.7% in 2016..
Coen has 131 properties. Over the last 5 years, Houses in Coen have seen a 87.15% increase in median value. As at 31 October 2024:
- The median value for Houses in Coen is $337,318 while the median value for Units is $657,819.
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