40-50 Queen St, Chillagoe is a 0 bedroom, 20 bathroom Unit with 20 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 1991.
This is one of those assets that rarely reaches the open market and when it does, it demands decisive action.
Occupying a dominant position along Queen Street, Chillagoes main commercial artery, this freehold tourist village and fuel operation represents one of the largest, most versatile and strategically important holdings in the township. Held and operated by the same family for more than two decades, the opportunity now exists for a new owner to step in, take control, and unlock the next phase of growth.
What makes this offering compelling is not just what already exists but what it can become.
Set across approximately 1.33 hectares of Urban-zoned land, the property combines established income streams with genuine expansion and repositioning potential. Accommodation demand in Chillagoe is underpinned by tourism, mining activity, contractors and essential services, and this asset is uniquely placed to service all three.
The village is already a proven performer, offering a diverse accommodation mix that captures short-stay tourists, long-stay workers and caravan travellers alike. Add to this a fuel supply at the front of the site, strong highway exposure, and excellent signage, and you have an operation that benefits from consistent passing trade and repeat visitation.
Importantly, the infrastructure is already here. Two large amenities blocks, pool and spa facilities, extensive shaded areas, multiple accommodation styles, and a fully equipped commercial kitchen provide the bones of a business that can be immediately operated, optimised or expanded. There is also clear scope to increase cabin numbers, reactivate food and beverage offerings, or reposition the accommodation mix to suit workforce or group bookings, subject to council approval.
Chillagoe itself is evolving. Improved road access has fundamentally changed how the region is accessed, while the nearby ChillagoeMungana Caves National Park, historic mining sites and growing regional tourism profile continue to drive visitation. Simply put, people are coming and they need somewhere to stay, refuel and base themselves.
Assets of this scale and zoning do not have substitutes in Chillagoe. You cannot recreate the land size, frontage, or infrastructure without extraordinary cost and time which is exactly why experienced buyers move quickly when opportunities like this appear.
The vendors instructions are clear. This property is to be sold, and it is priced to attract serious interest now not sit idle while buyers watch the market.
If you are seeking a freehold going concern, a regional tourism play, or a strategic landholding with income and upside, this is the type of asset that rewards decisiveness.
Inspections and detailed financial information are available to genuinely interested parties.
Serious enquiries only once secured, opportunities of this calibre are not repeated.
Contact Altora to discuss this opportunity in confidence and secure your position.
The size of Chillagoe is approximately 2217.4 square kilometres. It has 2 parks covering nearly 1.7% of total area. The population of Chillagoe in 2016 was 251 people. By 2021 the population was 214 showing a population decline of 14.7% in the area during that time. The predominant age group in Chillagoe is 60-69 years. Households in Chillagoe are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Chillagoe work in a professional occupation.In 2021, 64.00% of the homes in Chillagoe were owner-occupied compared with 59.50% in 2016.
Chillagoe has 344 properties. Over the last 5 years, Houses in Chillagoe have seen a 80.61% increase in median value. As at 30 April 2026:
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