446-456 Mulgrave RoadEarlville QLD 4870
Property Details for 446-456 Mulgrave Rd, Earlville
Last Listing description (December 2022)
ResortBrokers proudly brings this exclusive freehold going concern business to market. Not only does it boast a prime location on over 4000sqm, this quality 62 room motel comes with the potential to significantly boost your bottom line! Genuinely rare to market, the acquisition of Cairns Southside International Motel presents a solid opportunity with wide appeal to franchisees and experience motel operators.
- 3-4 star, 62 room motel with range of singles, doubles and family rooms and 2 bed apartment
- Prime suburban site close to all key amenities for tourists, holiday makers and corporate travellers
- Prominent corner 4009sqm block offering secure off-street parking and porte cochere
- Motel facilities also include a bar & large restaurant plus inground pool and laundry
- Welcoming reception desk with back office serving as staff room with storage
- Freehold properties of this calibre in Cairns are very rare and highly sought after
- Two adjoining blocks at 13 & 15 Herries (1362sqm combined) for future development of 20-30 rooms (STCA)
- Incredible opportunity for astute buyer to secure and steer this business into its next phase of commercial life
- Tropical North Qld is moving from strength to strength with visitor numbers up 42% over last 18 months!
- All inspections by appointment only
Property History for 446-456 Mulgrave Rd, Earlville, QLD 4870
- 14 Aug 2023Sold for $880,000
- 14 Aug 2023Sold for $5,120,000
- 02 Nov 2022Listed for Sale Expressions Of Interest
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0About Earlville 4870
The size of Earlville is approximately 3.5 square kilometres. It has 13 parks covering nearly 4.3% of total area. The population of Earlville in 2011 was 3,853 people. By 2016 the population was 4,026 showing a population growth of 4.5% in the area during that time. The predominant age group in Earlville is 40-49 years. Households in Earlville are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Earlville work in a professional occupation. In 2011, 58% of the homes in Earlville were owner-occupied compared with 52.3% in 2016.
Earlville has 2,173 properties. Over the last 5 years, Houses in Earlville have seen a 57.77% increase in median value, while Units have seen a 66.39% increase. As at 31 August 2024:
- The median value for Houses in Earlville is $570,254 while the median value for Units is $317,517.
- Houses have a median rent of $600 while Units have a median rent of $420.
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