OFF MARKET

20601 Peak Downs Highway
Epsom QLD 4741

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 37560m2
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Property Details for 20601 Peak Downs Hwy, Epsom

Building Type
Commercial
Land Size
37560m2
Local Government
Isaac Regional
Lot/Plan
9/SP244485

Last Listing description (January 2020)

The property is located approximately 50 km southwest of Mackay on the Peak Downs Highway, the main arterial traffic corridor servicing the Bowen Basin. The 273-kilometre Peak Downs Highway runs from Mackay on the coast, past the mining town of Moranbah, and on to Clermont in the west. The highway is crucial to the national economy, with about 200 million tonnes of export-coal coming out of the Bowen Basin last year, much of it from mines off the Peak Downs Highway.

The property comprises of the former Retreat Hotel situated on 3.756* Ha (9.28* Acres) of land fronting the Peak Down Highway. Main improvements comprise of a single level hotel of masonry block construction. The complex includes a public bar, a restaurant with a 140-plus seating capacity, commercial kitchen with coldroom, lounge bar, office, guest and staff laundries. There is a covered beer garden along almost the full length of the hotel, serviced from the public bar, and two entertainment stages equipped for lighting and sound.


In addition, there are 32 ensuited accommodation units and a caravan park area there are no powered sites. The hotel is no longer operating, with the Commercial Hotel Licence (No. 87465) being surrendered. The site did hold a Development Approval for 296 accommodation units the DA has since expired (copy of DA available).

The property holds extensive redevelopment opportunity - potentially for,
Truck stop / fuel station
Caravan park
Reinstatement of the hotel
Workers accommodation
Combination of all of the above

Information Memorandum available.

Highlights:
* Potential Truck Stop / Fuel Station
* Former Retreat Hotel
* 32 ensuited accommodation units

Property History for 20601 Peak Downs Hwy, Epsom, QLD 4741

A timeline of how this property has performed in the market
Last Sold
$300,000
16 Dec 2019
  • 16 Dec 2019
    Sold for $300,000
  • 02 Oct 2018
    Listed for Sale Not Disclosed

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About Epsom 4741

The size of Epsom is approximately 439.4 square kilometres. It has 1 park covering nearly 27.1% of total area. The population of Epsom in 2011 was 841 people. By 2016 the population was 3 showing a population decline of 99.6% in the area during that time. The predominant age group in Epsom is 0-9 years. Households in Epsom are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Epsom work in a managers occupation. In 2006, 13.6% of the homes in Epsom were owner-occupied compared with 50.7% in 2011..

Epsom has 12 properties. As at 31 October 2024:

  • The median value for Houses in Epsom is $160,385.
There are currently no properties listed for sale, and no properties listed for rent in Epsom on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Epsom.

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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.