OFF MARKET

29 Palm Street
Tinaroo QLD 4872

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 9000m2
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Property Details for 29 Palm St, Tinaroo

Building Type
Commercial
Land Size
9000m2
Local Government
Tablelands Regional

Last Listing description (October 2019)

Tinaroo Lake Resort is located on a peninsula surrounded by the pristine waters of Lake Tinaroo on the Tropical Tablelands, near Cairns in Far North Queensland.
The resort offers excellent accommodation packages for functions, ranging from weddings to conferences and private celebrations. It also hosts a wide range of special interest conferences and gatherings, with packages to satisfy the most discerning guests.
Management Rights - 19 Units $575,000

Freehold - 3 bedroom Managers Residence, 2 bedroom granny flat, reception, shop and commercial laundry $600,000
The Lodge Function Center - $225,000
Freehold Function Center - $1,200,000
Key features:
Well established business
Great location
Fantastic investment property
Easy access
Great return on investment
Perfect investment for a couple
Offers catering functions for weddings, corporate events, meetings and special occasions
Easy to run business
Steady profits year on year
Opportunity for further growth with local area marketing activity and increasing online presence
For full details on this business contact:
Pruthesh 07 40336944
Email: pruthesh.patel@finnbusinesssales.com.au

Property History for 29 Palm St, Tinaroo, QLD 4872

A timeline of how this property has performed in the market
  • 07 Jul 2020
    Listed for Rent $380 / week
  • 16 May 2019
    Listed for Sale $2.6 Mil

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About Tinaroo 4872

The size of Tinaroo is approximately 20.2 square kilometres. It has 5 parks covering nearly 124.8% of total area. The population of Tinaroo in 2011 was 281 people. By 2016 the population was 299 showing a population growth of 6.4% in the area during that time. The predominant age group in Tinaroo is 60-69 years. Households in Tinaroo are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Tinaroo work in a managers occupation. In 2011, 78.2% of the homes in Tinaroo were owner-occupied compared with 83.3% in 2016.

Tinaroo has 294 properties. Over the last 5 years, Houses in Tinaroo have seen a 65.55% increase in median value, while Units have seen a -6.99% decrease. As at 30 September 2024:

  • The median value for Houses in Tinaroo is $674,876 while the median value for Units is $447,948.
There are currently 12 properties listed for sale, and no properties listed for rent in Tinaroo on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Tinaroo.

Suburb Insights for Tinaroo 4872

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Disclaimer
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.