48 Hynes StreetSouth Johnstone QLD 4859
Property Details for 48 Hynes St, South Johnstone
Last Listing description (November 2023)
EXCLUSIVE TO MHB
Fabulous Freehold QLD Hotel For Sale.
Well priced to sell by motivated vendor!
Beautifully presented, substantial hotel that is ready to be turned into an incredible money-maker!
Current owner has been here for last 26 years and is wanting to retire.
This is a huge opportunity for a family/couple/motivated individual to take advantage of the multiple income streams that this property could derive from food, beverage and accommodation.
Strong local patronage and 200 workers at the sugar mill only 300 meters down the road provides a demand for a venue that can offer lunch and dinner options.
Excellent living quarters on the premises and 8 rooms to rent out! You could live here, have a cash flow positive property and pay less than a house you wouldn't have to even open the bar!
Perfectly located on the main street in town where the train runs down the middle of the street and closely located to Qld's No.1 tourist destination the possibilities and potential income here are limitless.
Key Features:
* The hotel enjoys strong local patronage
* Continuous stream of steady tourists heading to and from Paronella Park -
QLD`s number 1 tourist destination
* Great commercial kitchen ready for expansion of lunch and dinner offerings
* 8 x well-presented hotel style accommodation rooms
* New ice machine, glass washer and cool room motor recently replaced
* Space to hold large functions such as the annual bike show
* Close to major tourist destination and 200 workers at the sugar mill only
300m away
* Situated upon approx. 6,060m2 of Village (775) Zoned land (4150)
Call quick! An opportunity like this won't last long!
Contact Alex Stagg at MHB direct on 0406 856 710 to book your inspection.
Property History for 48 Hynes St, South Johnstone, QLD 4859
- 29 Aug 2023Sold for $450,000
- 25 Jan 2021Listed for Sale Not Disclosed
- 24 Jul 2019Listed for Sale $500,000
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About South Johnstone 4859
The size of South Johnstone is approximately 4 square kilometres. The population of South Johnstone in 2011 was 411 people. By 2016 the population was 412 showing a population growth of 0.2% in the area during that time. The predominant age group in South Johnstone is 50-59 years. Households in South Johnstone are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Johnstone work in a labourer occupation. In 2011, 71.4% of the homes in South Johnstone were owner-occupied compared with 76.2% in 2016.
South Johnstone has 248 properties. Over the last 5 years, Houses in South Johnstone have seen a 37.81% increase in median value. As at 30 November 2024:
- The median value for Houses in South Johnstone is $280,706 while the median value for Units is $321,001.
- Houses have a median rent of $240.
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