167 Reid RoadWongaling Beach QLD 4852
Property Details for 167 Reid Rd, Wongaling Beach
Last Listing description (November 2009)
FAMOUS SCOTTYS BAR AND GRILL FOR SALE
AT MISSION BEACH, THE FAMOUS SCOTTY'S BAR AND GRILL IS FOR SALE.
SITUATED ON THE BEACHFRONT, THIS QUEENSLANDER STYLE RESTAURANT/CAFE/BAR/LATE NIGHT VENUE, IS ADJACENT TO SCOTTY'S BACKPACKERS AND A SHORT DISTANCE FROM ABSOLUTE BACKPACKER'S, THE TWO LARGER ONES IN TOWN. SCOTTY'S HAS AN ENDLESS FLOW OF BACKPACKERS, TOURISTS AND LOCALS DINING AND PARTYING AT THIS SPOT. THERE ARE TWO BARS AND SCOTTY'S IS A VERY SUCCESSFUL VENUE FOR LIVE BANDS AND DJ'S.
AFTER OWNING THE BUSINESS FOR 7 YEARS, THE VENDOR HAS ANOTHER OPPORTUNITY OUT OF THE AREA AND IS CONSEQUENTLY MOTIVATED TO LISTEN TOO OFFERS. THIS IS IS PERFECT TIME TO ACQUIRE THIS FANTASTIC BUSINESS BEFORE THE NEW TOURIST SEASON BEGINS.
FOR FURTHER DETAILS CONTACT BEV MULLANS 0407 402175
Property History for 167 Reid Rd, Wongaling Beach, QLD 4852
- 23 Feb 2024Sold for $525,000
- 18 Mar 2016Sold for $485,000
- 01 Nov 2009Listed for Sale $240,000
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0About Wongaling Beach 4852
The size of Wongaling Beach is approximately 8.8 square kilometres. It has 4 parks covering nearly 30.5% of total area. The population of Wongaling Beach in 2011 was 1,063 people. By 2016 the population was 1,247 showing a population growth of 17.3% in the area during that time. The predominant age group in Wongaling Beach is 50-59 years. Households in Wongaling Beach are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wongaling Beach work in a managers occupation. In 2011, 57.8% of the homes in Wongaling Beach were owner-occupied compared with 57.6% in 2016.
Wongaling Beach has 1,099 properties. Over the last 5 years, Houses in Wongaling Beach have seen a 49.28% increase in median value, while Units have seen a 53.35% increase. As at 30 November 2024:
- The median value for Houses in Wongaling Beach is $635,359 while the median value for Units is $310,415.
- Houses have a median rent of $613 while Units have a median rent of $373.
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