45 Mayne StreetTiaro QLD 4650
Property Details for 45 Mayne St, Tiaro
Last Listing description (October 2022)
Nestled in the picturesque town of Tiaro, between Brisbane and Rockhampton on the Bruce Highway, this exceptional property is popular with corporate, leisure and family travellers. The motel presents a great opportunity and lifestyle for new operators to increase their profitability by adding their own touch to this already consistent trading accommodation business. This 16 rooms motel is fully landscaped and features an outdoor guest barbecue/camp kitchen and gazebo area along with undercover guest parking and ample off road parking for work vehicles and trailers. Do not miss out on this great opportunity to acquire a modern, well-presented motel and begin to reap the rewards.
- Opportunity to improve on the current occupancy levels
- Easily operated by a couple
- Consistent trading figures throughout the pandemic
- Three bedroom stand alone manager's residence attached to reception
- Undercover parking provided directly in front of each unit with truck and trailer parking is also catered for
- Profitable lifestyle business with the potential to increase turnover and profit
- Property inspections are by appointment only
Property History for 45 Mayne St, Tiaro, QLD 4650
- 06 Jun 2022Listed for Sale $1,150,000
- 05 Apr 2014Sold for $1,000,000
- 28 Jul 2012Listed for Sale $1,150,000 Negotiable
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0About Tiaro 4650
The size of Tiaro is approximately 85.5 square kilometres. It has 3 parks covering nearly 13.2% of total area. The population of Tiaro in 2011 was 769 people. By 2016 the population was 759 showing a population decline of 1.3% in the area during that time. The predominant age group in Tiaro is 60-69 years. Households in Tiaro are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tiaro work in a labourer occupation. In 2011, 74.9% of the homes in Tiaro were owner-occupied compared with 71% in 2016.
Tiaro has 509 properties. Over the last 5 years, Houses in Tiaro have seen a 129.87% increase in median value, while Units have seen a 107.58% increase. As at 31 October 2024:
- The median value for Houses in Tiaro is $471,114 while the median value for Units is $238,858.
- Houses have a median rent of $270.
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