OFF MARKET

1-7 Main Street
Mount Molloy QLD 4871

Bedrooms: 11
Bathrooms: 4
Car spaces: 4
Land area: 4047m2
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Property Details for 1-7 Main St, Mount Molloy

Building Type
Land
Land Size
4047m2
Local Government
Mareeba
Lot/Plan
254/DA377

Last Listing description (May 2017)

THE RARE OPPORTUNITY comes along of running your own business like the Mount Molloy National Hotel (leasehold). The hotel has a live in residence with 9 upstairs guest rooms that open on to the wide verandah with views over the town. A beer garden, pool room, covered verandah compliment the main bar. Mount Molloy is the RV friendly town at the intersection to the Cape ; half way between Mareeba and the coastal towns of Mossman / Port Douglas. The most famous historical proprietor of the hotel back at the turn of the last century was the explorer and prospector James Mulligan who was behind the opening up of the Palmer River gold fields. Mount Molloy itself was a copper mining town and Wolframite & Scheelite for Tungsten is currently being mined at Mt Carbine just 30 klm north of the town on the road to Cooktown. Set on just under an acre on the main street in the middle of town , there is guest off street parking at the rear of the hotel as well as a 4 bay open shed. The Molloy Pub is the local term for the hotel and with its family friendly orientation it is a popular lunch stop for day travellers. current 5 year lease with 2 x 5yr options.

Property History for 1-7 Main St, Mount Molloy, QLD 4871

A timeline of how this property has performed in the market
Last Sold
$50,000
18 Feb 2005
  • 24 Feb 2017
    Listed for Sale $250,000
  • 18 Feb 2005
    Sold for $50,000
  • 06 Jan 1999
    Transferred
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About Mount Molloy 4871

The size of Mount Molloy is approximately 252.9 square kilometres. It has 5 parks covering nearly 71.6% of total area. The population of Mount Molloy in 2011 was 275 people. By 2016 the population was 259 showing a population decline of 5.8% in the area during that time. The predominant age group in Mount Molloy is 60-69 years. Households in Mount Molloy are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mount Molloy work in a machinery operators and drivers occupation. In 2011, 66.7% of the homes in Mount Molloy were owner-occupied compared with 70.5% in 2016.

Mount Molloy has 194 properties. Over the last 5 years, Houses in Mount Molloy have seen a 36.27% increase in median value. As at 31 August 2024:

  • The median value for Houses in Mount Molloy is $324,552 while the median value for Units is $480,471.
There are currently 3 properties listed for sale, and 1 property listed for rent in Mount molloy on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Mount molloy.

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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.