OFF MARKET

78 Narrows Road
North Maleny QLD 4552

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 203m2
Land area: 29470m2
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Property Details for 78 Narrows Rd, North Maleny

Building Type
Commercial
Year Built
1994
Floor Size
203m2
Land Size
29470m2
Local Government
Sunshine Coast Regional
Lot/Plan
4/RP810446

Last Listing description (November 2019)

With 85-90% occupancy across all seasons, Narrows Escape should definitely be at the top of your list if you are in the market to purchase a top end accommodation property.

The reputation of 'Narrows Escape' is first-class across all online channels, and they have established an ongoing relationship with tourism operators in Europe and the United Kingdom, which has resulted in approximately 20% of their business coming from international visitors; there are currently pre-bookings from European travellers more than 12 months in advance.

Narrows Escape is set amongst 2.95 ha of remnant rainforest in the beautiful Sunshine Coast Blackall Range, just four minutes to the charming village of Montville, and a short stroll to stunning Lake Baroon; romantic, tranquil, private, and picturesque ... idyllic in both location and lifestyle.

Established in 1996, this is one of the Sunshine Coast hinterland's most awarded, recognised, and successful short-stay accommodation businesses; current owners of 11 years bought into a viable, well-run establishment, and have taken it to the next level, whereby it truly is a world-class business of the very highest calibre.

Infrastructure on the property includes: six fully self-contained luxury timber pavilions, separate laundry facility, saltwater in-ground pool, on-site covered parking for guests, extra visitor parks, and a three-bedroom manager/owner's residence with recently refurbished reception area.

Each pavilion is complete with timber floors, high ceilings with skylights showcasing the rainforest canopy, double spa baths, log-fires, reverse cycle air-conditioning, fully equipped kitchen, plus a large private balcony to soak up the ambience and admire the leafy outlook.

A permanent running creek flows through the property, and there is an abundance of birdlife ... some guests may be lucky enough to spot a koala or two. There is a delightful forest trail on the property that many of the guests bushwalk through; really connecting with nature at the most fundamental level, it is an experience to cherish.

Owners have a high-functioning, streamlined business model, complete with detailed policy and procedures manuals, as well as the ability to operate the business remotely. Everything has been thought of, and after 11 years ... this is a slick, efficient operation, that allows the owners a wonderful balanced lifestyle, where they benefit from an attractive income, whilst still able to have time off to travel and enjoy 'down time'.

With plans to remain in the local area and pursue a new endeavour, the current owners will greatly assist the new operators to ensure a smooth transition and have a strong emotional connection to this very special place, that has been an integral part of their life for over a decade.

The Blackall Range in the Sunshine Coast hinterland is renowned for its pristine national parks, art galleries, boutique dining and retail, wineries, and scenic rolling hills ... visitors from across Australia and the globe are attracted to this truly special part of the world. There is so much on offer here, that even many locals choose to spend their weekend escapes in one of the historic villages and surrounds, rather than travelling out of the region.

Buyers seeking a lifestyle change with a healthy bottom line and stellar reputation, minimising risk, should enquire - this stands in a league of its own.

KEY FEATURES:

- World-class rainforest retreat, 5-star rating, multi-award winning, occupancy rates between 85-90% all year round;
- 2.95 ha of remnant rainforest frames six luxury pavilions - fully self-contained and private;
- 3-bedroom residence on-site for owner/manager with reception area, separate laundry facility for guests, in-ground saltwater pool;
- Pavilions feature: timber floors, high ceilings, skylights, double spa baths, fully equipped kitchens, log fires, reverse cycle A/C, and large balcony;
- Permanent running creek flows through property, and there is a forest walk for guests to enjoy, plus abundant bird and wildlife;
- Established in 1996, current owners operating for 11 years, well-established, streamlined systems in place for smooth transition;
- Healthy forward-bookings, 20% of trade from international visitors via established overseas agencies;
- Just 4 minutes to historic hinterland township of Montville, short drive to Maleny - art galleries, national parks and waterfalls, boutique dining and wineries;
- Idyllic setting, amazing lifestyle change of the highest calibre - one, if not the most viable of its kind ... interest will be global!

Property History for 78 Narrows Rd, North Maleny, QLD 4552

A timeline of how this property has performed in the market
Last Sold
$1,850,000
16 Feb 2019
  • 16 Feb 2019
    Sold for $1,850,000
  • 20 Feb 2018
    Listed for Sale PRICED TO SELL
  • 06 Jul 2006
    Sold for $1,950,000
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About North Maleny 4552

The size of North Maleny is approximately 23.2 square kilometres. It has 11 parks covering nearly 27.3% of total area. The population of North Maleny in 2011 was 580 people. By 2016 the population was 622 showing a population growth of 7.2% in the area during that time. The predominant age group in North Maleny is 60-69 years. Households in North Maleny are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in North Maleny work in a professional occupation. In 2011, 82.8% of the homes in North Maleny were owner-occupied compared with 84.1% in 2016.

North Maleny has 368 properties. Over the last 5 years, Houses in North Maleny have seen a 81.09% increase in median value. As at 30 November 2024:

  • The median value for Houses in North Maleny is $1,375,764 while the median value for Units is $737,271.
  • Houses have a median rent of $508.
There are currently 10 properties listed for sale, and no properties listed for rent in North maleny on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in North maleny.

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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.