8 Hermitage Drive, Airlie Beach, QLD 4802 | Property Value & History | OnTheHouse
 
OFF MARKET

8 Hermitage Drive
Airlie Beach QLD 4802

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1073m2
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Property Details for 8 Hermitage Dr, Airlie Beach

Building Type
Land
Land Size
1073m2
Local Government
Whitsunday Regional
Lot/Plan
11/SP245725

Last Listing description (October 2022)

Off Market Hotels are please to present to market Exclusively the Freehold Going Concern of the Colonial Palms Motor Inn, Airlie Beach.

Investment Highlights:

Prime position in Airlie Beach, directly opposite the Port of Airlie Marina and over-looking the Coral Sea.
The Hotel offers 30 rooms, Licensed Restaurant & Bar, commercial kitchen, well-appointed manager's apartment & resort style pools.
Only a short stroll to the main tourist strip, with cafes, restaurants, shops and the illustrious nightlife.
Large 4832m freehold site, on two titles, with redevelopment potential, approximate height precedent set between 12-21m for mixed-use (STCA).
Long established and highly profitable business operation which achieved strong trading results over the last couple of years, and even stronger trading patterns/forward bookings into the future.

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Property History for 8 Hermitage Dr, Airlie Beach, QLD 4802

A timeline of how this property has performed in the market
Last Sold
$100,000
20 Dec 2022
  • 20 Dec 2022
    Sold for $100,000
  • 20 Jul 2020
    Sold for $250,000
  • 20 Feb 2019
    Listed for Sale Expression of Interest - Closing 21st March 2019
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About Airlie Beach 4802

The size of Airlie Beach is approximately 2.5 square kilometres. It has 9 parks covering nearly 6.1% of total area. The population of Airlie Beach in 2016 was 1208 people. By 2021 the population was 1312 showing a population growth of 8.6% in the area during that time. The predominant age group in Airlie Beach is 20-29 years. Households in Airlie Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Airlie Beach work in a community and personal service occupation.In 2021, 47.60% of the homes in Airlie Beach were owner-occupied compared with 43.00% in 2016.

Airlie Beach has 1,894 properties. Over the last 5 years, Houses in Airlie Beach have seen a 87.87% increase in median value, while Units have seen a 96.92% increase. As at 30 November 2025:

  • The median value for Houses in Airlie Beach is $970,066 while the median value for Units is $638,683.
  • Houses have a median rent of $720 while Units have a median rent of $695.
There are currently 36 properties listed for sale, and 17 properties listed for rent in Airlie beach on OnTheHouse. According to Cotality's data, 119 properties were sold in the past 12 months in Airlie beach.

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