6202 Mount Lindesay HighwayVeresdale QLD 4285
Property Details for 6202 Mount Lindesay Hwy, Veresdale
Last Listing description (November 2016)
Your Chance to Secure a Renovated Gem in South East Queensland
- Currently operated under management; suited to an entry level hotelier or investor seeking an improving cash-flow business
- Recently renovated and re-positioned this well presented venue offers immediate value add opportunities The site provides an incoming purchaser the ability to expand business operations by utilising the vacant land; e.g. Accommodation Cottages and or Liquor Barn
- Situated on a large 1.01 ha* site fronting the Mount Lindesay Highway, 60km* from Brisbane and 70km* from Surfers Paradise
- Comprising; three (3) bars, bistro with dining area and large outdoor deck areas, two (2) beer gardens, gaming room with nine (9) EGMs and TAB & Keno facilities
- Due Diligence Website: www.veresdalehotel-sale.com
For Sale
*Approximately
Property History for 6202 Mount Lindesay Hwy, Veresdale, QLD 4285
- 16 Jun 2016Sold for $1,900,000
- 03 Mar 2016Listed for Sale Under Contract
- 05 Aug 2010Sold for $600,000
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0About Veresdale 4285
The size of Veresdale is approximately 16.2 square kilometres. It has 4 parks covering nearly 2.1% of total area. The population of Veresdale in 2011 was 621 people. By 2016 the population was 367 showing a population decline of 40.9% in the area during that time. The predominant age group in Veresdale is 10-19 years. Households in Veresdale are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Veresdale work in a trades occupation. In 2011, 84.6% of the homes in Veresdale were owner-occupied compared with 68.6% in 2016.
Veresdale has 175 properties. Over the last 5 years, Houses in Veresdale have seen a 85.83% increase in median value, while Units have seen a 8.44% increase. As at 31 October 2024:
- The median value for Houses in Veresdale is $930,199 while the median value for Units is $1,441,676.
- Houses have a median rent of $375.
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