OFF MARKET

117 Albert Street
Inglewood QLD 4387

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2028m2
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Property Details for 117 Albert St, Inglewood

Building Type
Commercial
Land Size
2028m2
Local Government
Goondiwindi Regional
Lot/Plan
2/RP92081

Last Listing description (November 2022)

The owners are seeking to retire and have listed the property at a sharp price point for a quick sale showing a great return.
On offer is the freehold going concern of a very well presented 13 room Motel, with Cunningham Highway frontage centrally located in the South East Queensland township of Inglewood. The residence consists of 2 bedrooms, bathroom, toilet, loungeroom and separate kitchen, overlooking the inground pool and BBQ area, and is adjacent to a large 2 bay lock up shed. Easily run by a couple, no breakfasts or meals served although there is a licensed commercial kitchen on site.
Extensive renovations have been completed to all rooms with two completely new rooms built and a new laundry.

- Priced to sell so owners can retire
- Easy to run by a couple
- Very low overheads
- Business improves every year
- No meals supplied but a commercial kitchen is onsite
- Ultimate tree change lifestyle
- Property inspections are by appointment only

Property History for 117 Albert St, Inglewood, QLD 4387

A timeline of how this property has performed in the market
Last Sold
$700,000
17 Aug 2022
  • 17 Aug 2022
    Sold for $700,000
  • 09 Jun 2022
    Listed for Sale $1,200,000
  • 29 Jun 2021
    Listed for Sale $1,135,000
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About Inglewood 4387

The size of Inglewood is approximately 357.1 square kilometres. It has 6 parks covering nearly 39% of total area. The population of Inglewood in 2011 was 1,069 people. By 2016 the population was 972 showing a population decline of 9.1% in the area during that time. The predominant age group in Inglewood is 50-59 years. Households in Inglewood are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Inglewood work in a labourer occupation. In 2011, 59% of the homes in Inglewood were owner-occupied compared with 64.1% in 2016.

Inglewood has 660 properties. Over the last 5 years, Houses in Inglewood have seen a 94.40% increase in median value, while Units have seen a 1.28% increase. As at 31 August 2024:

  • The median value for Houses in Inglewood is $222,097 while the median value for Units is $230,658.
  • Houses have a median rent of $215.
There are currently 3 properties listed for sale, and 1 property listed for rent in Inglewood on OnTheHouse. According to CoreLogic's data, 41 properties were sold in the past 12 months in Inglewood.

Suburb Insights for Inglewood 4387

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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.