88-90 Wharf StreetMaryborough QLD 4650
Property Details for 88-90 Wharf St, Maryborough
88-90 Wharf St, Maryborough is a 9 bedroom, 4 bathroom Unit with 2 parking spaces and was built in 1891. The property has a land size of 1060m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
Last Listing description (November 2022)
Portside Apartments is steeped in history, if only the walls could talk, it has everything including the tombstone of Fanny and Mary Uhr from the mid-1800's.
It just doesn't get any better than this, enjoy all the charm and grandeur that Maryborough has to offer from this Portside Heritage Precinct Property which without a doubt boasts the best panoramic views of the Mary River.
Offering the best of both worlds, old world charm and the inner-city modern-day convenience this beautiful heritage city has to offer. There are several fantastic local cafes, pubs and restaurants within a stone's throw and minutes' walk to the Brolga Theatre which is home to the free Brolga Live monthly event on Riverstage.
Many of the Fraser Coasts annual events are celebrated right on our doorstep, just recently the Relish Food and Wine Festival, shortly we will be celebrating the Steemfesta and let's not forget the popular Mary Poppins festival which is "Expialidocious" you are literally right in the middle of all the action here.
Wharf Street is the showpiece of this beautiful heritage city with the impressive Bond Store, Maryborough Military and Colonial Museum just a short stroll from Portside Apartments.
The property is currently and has been operating as an accommodation business, listed on booking.com and expedia, for nightly and extended stays it is a fantastic little cash cow with scope to add a food and beverage service for guests or lease the space out for extra income. (Subject to approvals). The property has recorded income over $120k at 72% vacancy rate with only 3 rooms available (prior to covid), as we have an onsite manager living in Apartment 1.
Currently consisting of two 3-bedroom Apartments on the top floor, one 2-bedroom apartment and a 1-bedroom studio apartment on the ground floor, a space has also been allocated for potential F & B, retail or cafe.
The building is in great condition for its age, built in approx. 1891 as a women and children boarding home. We encourage you to do your own research on the history of this grand lady, there is a thorough story of the history about the tomb stone and the buried sisters on the Maryborough Storytellers FB page.
Endless potential here with one of the best locations on the Fraser Coast for lifestyle.
Expressions of interest sought, contact agent to discuss.
Property History for 88-90 Wharf St, Maryborough, QLD 4650
- 07 Aug 2021Sold for $620,000
- 15 Jun 2021Listed for Sale $649,000
- 14 Jul 2018Sold for $429,000
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About Maryborough 4650
The size of Maryborough is approximately 26.5 square kilometres. It has 45 parks covering nearly 7.5% of total area. The population of Maryborough in 2011 was 15,860 people. By 2016 the population was 15,400 showing a population decline of 2.9% in the area during that time. The predominant age group in Maryborough is 60-69 years. Households in Maryborough are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Maryborough work in a community and personal service occupation. In 2011, 61.3% of the homes in Maryborough were owner-occupied compared with 59.7% in 2016.
Maryborough has 8,396 properties. Over the last 5 years, Houses in Maryborough have seen a 113.32% increase in median value, while Units have seen a 46.40% increase. As at 31 October 2024:
- The median value for Houses in Maryborough is $428,837 while the median value for Units is $300,397.
- Houses have a median rent of $468 while Units have a median rent of $330.
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