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Sold on 22 Sep 2023 for $295,000

66 Mount Spec Road
Paluma QLD 4816

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 890m2
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Property Details for 66 Mount Spec Rd, Paluma

66 Mount Spec Rd, Paluma is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 890m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 3 bedroom House sold in Paluma in the last 12 months.

Building Type
House
Land Size
890m2
Local Government
Townsville City
Lot/Plan
203/P8363

Last Listing description (September 2023)

Down to Earth Realty is proud to represent the owners of "Ivy Cottage" in offering this unique property for sale. For over 70 years Ivy Cottage was the pivotal point and meeting place in this beautifully tranquil rainforest village, just an hour’s drive north of Townsville and less than an hour south of Ingham.
Ivy Cottage has always been First and Foremost a family home, however during World War II, she was renamed ‘Hotel Australia’ by the Australian troops stationed in Paluma, to monitor the radar station, ‘man the guns, and care for the sick and injured service personnel at the convalescence hospital.
Following the war, Ivy cottage continued to provide welcome refreshments to visitors as the "Devonshire Tea House" in the 1960s and has continued as a Cafe and Bed & Breakfast through several dedicated owners until recently, when changing circumstances and global events have led to her closing, and her present owners plan for retirement.

Nestled into the sloping gardens that lead directly into the rainforest, Ivy Cottage is constructed predominantly of locally acquired Silky Oak which is featured in the large Foyer/dining room, complemented by the wide cover timber deck that runs the full length of the house, overlooking the terraced gardens and rainforest.
There are 3 reverse cycle airconditioned bedrooms, a combined bathroom, and toilet, plus two additional toilets, a lounge & dining room with fireplace, and high art deco ceiling.
The well-appointed kitchen includes a double gas oven with a 5 burner cooktop, a separate scullery and kitchenette/servery, commercial fridges, and a freezer.
To the side and out of the way is a large lockable garage and large fully powered workshop as well as a garden shed, all under 420m2 of the roof. Ivy cottage has a rainwater tank and is fully wired for generator power should the mains power fail during wet weather, and this is also the only block in Paluma that is zoned – Commercial/Local shopping.
Surrounded by hundreds of acres of World Heritage Wet Tropics National Park, this property and the village of Paluma are truly unique, with world-class birding, well-marked walking trails, stunning views, and crystal-clear spring-fed creeks and waterfalls less than a kilometer from your front door. Just half an hour’s drive away is Lake Paluma, part of Townsville’s water supply, which offers the opportunity for tranquil canoeing, and even more bird watching, and platypus spotting.

Let's take a look, if this is fitting your style, call Vikki now and book a viewing on 0472 910 300.

Property History for 66 Mount Spec Rd, Paluma, QLD 4816

A timeline of how this property has performed in the market
Last Sold
$295,000
22 Sep 2023
  • 31 Aug 2023
    Sold for $295,000
  • 19 Nov 2021
    Listed for Sale SOLD - $295,000
  • 18 Mar 1998
    Sold for $220,000
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About Paluma 4816

The size of Paluma is approximately 2,296.1 square kilometres. It has 4 parks covering nearly 33.9% of total area. The population of Paluma in 2011 was 294 people. By 2016 the population was 62 showing a population decline of 78.9% in the area during that time. The predominant age group in Paluma is 60-69 years. Households in Paluma are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Paluma work in a managers occupation. In 2011, 72.5% of the homes in Paluma were owner-occupied compared with 74.1% in 2016.

Paluma has 166 properties. Over the last 5 years, Houses in Paluma have seen a 101.77% increase in median value, while Units have seen a 231.98% increase. As at 31 August 2024:

  • The median value for Houses in Paluma is $336,566 while the median value for Units is $546,476.
There are currently 4 properties listed for sale, and no properties listed for rent in Paluma on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Paluma.

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Vikki Burnett
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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.