SOLD
Sold on 06 Nov 2023 for $480,000

17 Emma Street
Cunnamulla QLD 4490

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2023m2
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Property Details for 17 Emma St, Cunnamulla

Building Type
Commercial
Land Size
2023m2
Local Government
Paroo
Lot/Plan
4/RP1934

Last Listing description (February 2014)

COUNTRY WAY MOTOR INN - FREEHOLD PURCHASE
This highly successful and immaculately presented Motor Inn is located on the main road into Cunnamulla, just a comfortable walk to the business centre and all town amenities. Triple AAA rated with very little competition, this Motor Inn has gone from strength to strength, showing continual growth and strong figures. It is the preferred accommodation for the majority of corporate, tourist, travelling trade and government departments on a regular basis.
The Country Way Motor Inn is the newest accommodation in Cunnamulla and owners take pride in providing guests with a pleasant stay in a secure environment. All rooms have TV, Air Conditioning, phone, ceiling fans & fridge. We currently provide cooked or continental breakfasts with an opportunity for new owners to offer evening meals.

FREEHOLD CONSISTS OF:-
* 3 buildings on a 2000m2 fenced block.
* 2 ground floor complexes of 5 units each (Total of 10 including 1 Disabled Unit) with car spaces for each
* A separate 2 storey airconditioned building housing reception, commercial kitchen and laundry
* A desirable 2-bedroom residence upstairs with a full kitchen, lounge & dining.
This business cannot be missed, as it is positioned perfectly with excellent signage and located on the crossroad (major tourist route) from all directions.
Currently operated by two owners with casual staff, this business lends itself as the ideal husband & wife or family run business. You can be assured of walking into a well run and popular Motor Inn with a high occupancy rate and high return on your investment.
Cunnamulla itself has a resident population around 1800 people. It is a well serviced town with good amenities including hospital, pubs and clubs. Cunnamulla, has long been identified with sporting prowess, and prides itself on the number of clubs and teams that are active and well supported within the community. It is rich with history and holds many annual festivals including national bull riding and sheep shearing.
This is a reluctant sale due to health reasons only. It is the ultimate lifestyle business providing an opportunity to meet people from all walks of life. It is a pleasure to run and no doubt will be very rewarding for the next owners. To find out more, call owner today.

Property History for 17 Emma St, Cunnamulla, QLD 4490

A timeline of how this property has performed in the market
Last Sold
$480,000
06 Nov 2023
  • 06 Nov 2023
    Sold for $480,000
  • 04 Oct 2018
    Sold for $590,000
  • 24 Oct 2013
    Listed for Sale $790,000 NEGOTIABLE
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About Cunnamulla 4490

The size of Cunnamulla is approximately 4,590.6 square kilometres. It has 10 parks covering nearly 3.3% of total area. The population of Cunnamulla in 2011 was 1,641 people. By 2016 the population was 1,137 showing a population decline of 30.7% in the area during that time. The predominant age group in Cunnamulla is 0-9 years. Households in Cunnamulla are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Cunnamulla work in a managers occupation. In 2011, 55.4% of the homes in Cunnamulla were owner-occupied compared with 56.3% in 2016.

Cunnamulla has 778 properties. Over the last 5 years, Houses in Cunnamulla have seen a 154.09% increase in median value, while Units have seen a -28.21% decrease. As at 31 August 2024:

  • The median value for Houses in Cunnamulla is $96,481 while the median value for Units is $196,564.
There are currently 4 properties listed for sale, and no properties listed for rent in Cunnamulla on OnTheHouse. According to CoreLogic's data, 25 properties were sold in the past 12 months in Cunnamulla.

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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.