Locally owned and operated, the Britannia Hotel is an outstanding freehold opportunity with further development potential.
Sitting on approx. 2060m2 land holding right in the heart of Carisbrook, the building is simply stunning, full of character and has been meticulously refurbished from front to back, inside and out. The land also allows further development opportunity, perhaps some additional accommodation for regional tourism travel and further income opportunity.
The size of Carisbrook is approximately 122.4 square kilometres. It has 2 parks covering nearly 4.7% of total area. The population of Carisbrook in 2011 was 1,141 people. By 2016 the population was 1,136 showing a population decline of 0.4% in the area during that time. The predominant age group in Carisbrook is 60-69 years. Households in Carisbrook are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Carisbrook work in a labourer occupation. In 2011, 82.3% of the homes in Carisbrook were owner-occupied compared with 82% in 2016.
Carisbrook has 779 properties. Over the last 5 years, Houses in Carisbrook have seen a 83.32% increase in median value, while Units have seen a 79.76% increase. As at 31 October 2024:
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