62 Brown StreetCroydon QLD 4871
Property Details for 62 Brown St, Croydon
Last Listing description (June 2020)
Phone enquiries - please quote property ID 16336
This long established business is perfectly set-up to cash in.Sitting 170km inland from Karumba, and 480km from Townsville, Croydon is attracting an increasing number of tourists, keen to enjoy a true Outback experience, exceptional heritage and adventure.
But that's not all - it's also the destination for the famous Gulflander train journey from Normantan, delivering plenty of tourists right to your door!
Bought by the current owner 23 years ago the Croydon Club Hotel is something of a gold mine itself!
Built in 1887, the hotel provides everything a visitor needs, with a busy bar and dining room, 4 self-contained units and 16 motel-style units.
There are also another 8 rooms for backpacker accommodation - with access to a bathroom and laundry.
The sparkling swimming pool is an added bonus - and very popular with guests - while beautiful Lake Belmore, just 10km down the road, is ideal for skiing.
More features:
Manager's accommodation onsite
Poolside units + beer garden
Popular venue for private functions
There's an option to purchase the block across the road for $300,000, which has been approved for a motel and, with a duplex already on site, is bringing in a good rental income.
Property History for 62 Brown St, Croydon, QLD 4871
- 25 Aug 2019Listed for Sale $980,000
- 04 Aug 2019Listed for Sale Not Disclosed
- 26 Oct 2016Sold for $300,000
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About Croydon 4871
The size of Croydon is approximately 4,617.7 square kilometres. It has 2 parks covering nearly 1.2% of total area. The population of Croydon in 2011 was 316 people. By 2016 the population was 241 showing a population decline of 23.7% in the area during that time. The predominant age group in Croydon is 50-59 years. Households in Croydon are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Croydon work in a managers occupation. In 2011, 40.2% of the homes in Croydon were owner-occupied compared with 43.8% in 2016..
Croydon has 377 properties. Over the last 5 years, Houses in Croydon have seen a 11.37% increase in median value. As at 31 October 2024:
- The median value for Houses in Croydon is $132,997.
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