SOLD
RECENT ADVICE
Sold on 27 Jul 2024 for $1,120,000

2 Imbil Island Road
Imbil QLD 4570

Bedrooms: -
Bathrooms: -
Car spaces: 6
Floor area: 274m2
Land area: 1181m2
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Property Details for 2 Imbil Island Rd, Imbil

Building Type
Commercial
Floor Size
274m2
Land Size
1181m2
Local Government
Gympie Regional
Lot/Plan
1/RP82400

Last Listing description (July 2024)

Nestled in the heart of Imbil, the Imbil Motel presents a rare investment opportunity. With its charming layout and potential for further development (STCA), this property has been tightly held for approximately 40 years. The motel boasts six spacious rooms, each equipped with private ensuites, making it a perfect choice for guests seeking comfort and privacy.

Property Features:
• 6 Spacious Guest Rooms with Ensuites: Each room is designed to provide maximum comfort and convenience, featuring private bathrooms and ample space for relaxation.

• Unused Communal Kitchen: A generously sized communal kitchen area presents a fantastic opportunity for transformation. This space can be utilized to create a shared dining area or a commercial kitchen (STCA).
• Office & Storage Areas: Ideal for operational management and additional storage, enhancing the property's functionality.
• Ample Parking and Outdoor Spaces: The property includes a large car parking area and landscaped gardens, providing an inviting and relaxing environment for guests

Potential and Opportunities:
With its prime location and versatile layout, the Imbil Motel is brimming with potential. Here are just a few ideas to unlock its full value (STCA):
• Renovate and Modernize: Bring a fresh and modern look to the existing rooms and communal areas, enhancing appeal and attracting more guests.
• Expand Services: Utilize the communal kitchen to offer additional services such as breakfast, catering for events, or even cooking classes.
• Event Venue: The spacious outdoor areas could be developed into event spaces for weddings, retreats, or community gatherings.
• Eco-Friendly Retreat: Transform the motel into a sustainable, eco-friendly destination, capitalizing on the growing trend for green tourism.

Location:
Imbil is a charming village located in the Mary Valley, known for its scenic landscapes and vibrant community. The motel's location offers easy access to local attractions, shops, and outdoor activities, making it an ideal spot for tourists and travelers.
Investment Highlights:
• Prime Location: Situated in a sought-after area with strong tourism appeal.
• Historic Ownership: Owned for nearly 40 years, showcasing a stable and enduring presence in the community.
• Development Potential: Room for significant improvements and enhancements, increasing future revenue opportunities (STCA).

Don't miss out on this unique chance to own a piece of Imbil's history and create your vision for the future of this versatile property.

Disclaimer:
All information provided in this flyer is deemed reliable but is not guaranteed and should be independently verified. The floor plan is for illustrative purposes only and may not reflect exact measurements or layout. Buyers and potential investors are encouraged to conduct their own due diligence, including verifying property dimensions, features, and any development potential with the local council or relevant authorities. Any plans for alterations or developments (STCA - Subject to Council Approval) should be discussed directly with the council to ensure compliance with local regulations. We do not accept liability for any errors, omissions, or inaccuracies in the information provided.

Property History for 2 Imbil Island Rd, Imbil, QLD 4570

A timeline of how this property has performed in the market
Last Sold
$1,120,000
27 Jul 2024
  • 27 Jul 2024
    Sold for $1,120,000
  • 28 Jun 2024
    Listed for Sale Auction On Site 27/7/24
  • 12 Apr 1989
    Sold for $130,000

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About Imbil 4570

The size of Imbil is approximately 197 square kilometres. It has 3 parks covering nearly 77.9% of total area. The population of Imbil in 2011 was 941 people. By 2016 the population was 928 showing a population decline of 1.4% in the area during that time. The predominant age group in Imbil is 50-59 years. Households in Imbil are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Imbil work in a labourer occupation. In 2011, 66% of the homes in Imbil were owner-occupied compared with 72% in 2016.

Imbil has 621 properties. Over the last 5 years, Houses in Imbil have seen a 94.87% increase in median value, while Units have seen a -50.80% decrease. As at 31 October 2024:

  • The median value for Houses in Imbil is $668,887 while the median value for Units is $1,010,612.
  • Houses have a median rent of $385.
There are currently 9 properties listed for sale, and 8 properties listed for rent in Imbil on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Imbil.

Suburb Insights for Imbil 4570

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Contact agent
Michael Robinson
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Mitchell Lavender
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Raine & Horne Noosa Hinterland
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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.