OFF MARKET

4 Lyons Street
Mundubbera QLD 4626

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2530m2
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Property Details for 4 Lyons St, Mundubbera

Building Type
Commercial
Land Size
2530m2
Local Government
North Burnett Regional
Lot/Plan
144/M586

Last Listing description (May 2022)

The Royal Hotel is located in the country town of Mundubbera which is the citrus capital of Queensland. Mundubbera is the fruit bowl of the region with industries such as citrus, blueberries, mangoes, grapes, avocadoes as well as small crops and cattle. It is not uncommon for travellers passing through to decide to pull up stumps and live in this beautiful part of the North Burnett.

This is a very viable business and the building is in good condition. There is a huge opportunity awaiting a new owner who has big dreams and ideas. The hotel is the hub of the community and is well supported by locals and those travelling through for work or play.


The 13 room accommodation is an added bonus as accommodation is in high demand with contractors, company reps and lack of accommodation in our area.

The Gaming Room is also very lucrative for the business as well as Keno and TAB.

Enormous financial gain awaits a buyer who can introduce meals and entertainment for the local watering hole. Further details are below on this Royal opportunity so please contact Danielle on 0427 654 912 with further inquiries.

UPSTAIRS :
. Comfortable owner or manager's residence with 4 bedrooms, kitchen, living area & bathroom opening onto the large verandah.
. 13 newly renovated accommodation rooms including:
+ 1 room with 2 king single beds, fridge, flat-screen television, tea and coffee facilities
+10 rooms with a king single bed, fridge, flat-screen televisions, tea and coffee facilities
+1 room with a queen bed, fridge, flat-screen television, tea and coffee facilities
+1 family room with fridge, flat-screen television, tea and coffee facilities
+ Men's facilities include: 4 showers, 1 bath, 2 toilets
+ Ladies facilities include: 1 shower, 1 toilet

DOWNSTAIRS:

. 2 Bars and a beer garden
. Dining and Function Room
. Keno and TAB
. 16 Gaming Machines, 14 of those being new
. Pool table and Jukebox
. Food grade stainless steel kitchen
- Mens and ladies toilets
. Laundry
. ATM
. Several cold rooms

The Royal Hotel has street parking and parking at the rear of the Hotel. There is also a large shed at the rear of the property.

Agents comments: I see so much potential in this business. The business is already making good net profits under full management and there is so much scope to build the business further with meals, entertainment and a new set of eyes and fresh ideas.
Mundubbera is the perfect town to support this business now and in the future.

Property History for 4 Lyons St, Mundubbera, QLD 4626

A timeline of how this property has performed in the market
  • 09 Feb 2022
    Listed for Sale Price On Application

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About Mundubbera 4626

The size of Mundubbera is approximately 35.7 square kilometres. It has 7 parks covering nearly 1.3% of total area. The population of Mundubbera in 2011 was 1,042 people. By 2016 the population was 1,253 showing a population growth of 20.2% in the area during that time. The predominant age group in Mundubbera is 20-29 years. Households in Mundubbera are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mundubbera work in a labourer occupation. In 2011, 55.2% of the homes in Mundubbera were owner-occupied compared with 53.4% in 2016.

Mundubbera has 711 properties. Over the last 5 years, Houses in Mundubbera have seen a 75.62% increase in median value, while Units have seen a 193.41% increase. As at 30 November 2024:

  • The median value for Houses in Mundubbera is $255,821 while the median value for Units is $202,993.
  • Houses have a median rent of $280.
There are currently 16 properties listed for sale, and no properties listed for rent in Mundubbera on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Mundubbera.

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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.