163 Barkly HighwaySoldiers Hill QLD 4825
Property Details for 163 Barkly Hwy, Soldiers Hill
Last Listing description (September 2023)
Premier Business Sales are proud to bring to the market this 30 room motel as a Freehold Going Concern, with an excellent opportunity for a new owner to grow the profits. The motel features 30 rooms of various configurations and caters for all your needs with a licensed restaurant, free Wi-Fi, guest laundry and undercover parking directly outside the room. There is ample parking for large vehicles and trailers. The large landscaped grounds feature an inviting pool.
The property has been run under management for many years and is a great opportunity for an experienced operator who can see the motels potential or somebody looking for a freehold motel with upside.
Net Profit: $731,485
Property Code: 550
Property History for 163 Barkly Hwy, Soldiers Hill, QLD 4825
- 22 Jun 2023Listed for Sale $3,450,000
- 10 Feb 2020Listed for Sale $560,000
- 02 Nov 2001Sold for $2,000,000
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0About Soldiers Hill 4825
The size of Soldiers Hill is approximately 1.7 square kilometres. It has 7 parks covering nearly 11.7% of total area. The population of Soldiers Hill in 2011 was 2,112 people. By 2016 the population was 1,973 showing a population decline of 6.6% in the area during that time. The predominant age group in Soldiers Hill is 0-9 years. Households in Soldiers Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Soldiers Hill work in a trades occupation. In 2011, 67% of the homes in Soldiers Hill were owner-occupied compared with 61.9% in 2016.
Soldiers Hill has 802 properties. Over the last 5 years, Houses in Soldiers Hill have seen a 15.55% increase in median value, while Units have seen a -16.54% decrease. As at 31 October 2024:
- The median value for Houses in Soldiers Hill is $242,946 while the median value for Units is $248,837.
- Houses have a median rent of $485.
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