34 Picnic StreetPicnic Bay QLD 4819
Property Details for 34 Picnic St, Picnic Bay
Last Listing description (July 2018)
- The opportunity of a lifetime to live and work on an island paradise is available now!
- High quality brick/block construction
- Major refurbishment completed and property presents extremely well
- Built in 1988 the complex has been upgraded to an excellent standard
- Large fully renovated 2 bedroom residence onsite
- Largely operated by one person but is an ideal husband and wife complex to operate together
- Includes rental vehicles which provide an excellent second income for the business
- Very easy to operate with no food preparation
- Consistent trading figures for many years are available to genuine buyers
- The complex shows an excellent return on investment and has been priced to sell by the long term owners
For a detailed Information Memorandum please contact Exclusive Agent
Andrew Morgan
Specialist Motel & Accommodation Business Broker since 1995
m 0417 608 041 | e andrew@qthb.com.au
p 07 4953 1611 | w qthb.com.au
Property History for 34 Picnic St, Picnic Bay, QLD 4819
- 08 Mar 2018Sold for $690,000
- 07 Nov 2015Listed for Sale Not Disclosed
- 12 Mar 2007Sold for $1,020,000
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0About Picnic Bay 4819
The size of Picnic Bay is approximately 4.1 square kilometres. It has 5 parks covering nearly 77.8% of total area. The population of Picnic Bay in 2011 was 335 people. By 2016 the population was 282 showing a population decline of 15.8% in the area during that time. The predominant age group in Picnic Bay is 60-69 years. Households in Picnic Bay are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Picnic Bay work in a professional occupation. In 2011, 50.3% of the homes in Picnic Bay were owner-occupied compared with 50.3% in 2016.
Picnic Bay has 383 properties. Over the last 5 years, Houses in Picnic Bay have seen a 81.62% increase in median value, while Units have seen a 36.18% increase. As at 31 October 2024:
- The median value for Houses in Picnic Bay is $590,769 while the median value for Units is $465,578.
- Houses have a median rent of $275 while Units have a median rent of $250.
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