117 Albert StreetInglewood QLD 4387
Property Details for 117 Albert St, Inglewood
Last Listing description (November 2022)
The owners are seeking to retire and have listed the property at a sharp price point for a quick sale showing a great return.
On offer is the freehold going concern of a very well presented 13 room Motel, with Cunningham Highway frontage centrally located in the South East Queensland township of Inglewood. The residence consists of 2 bedrooms, bathroom, toilet, loungeroom and separate kitchen, overlooking the inground pool and BBQ area, and is adjacent to a large 2 bay lock up shed. Easily run by a couple, no breakfasts or meals served although there is a licensed commercial kitchen on site.
Extensive renovations have been completed to all rooms with two completely new rooms built and a new laundry.
- Priced to sell so owners can retire
- Easy to run by a couple
- Very low overheads
- Business improves every year
- No meals supplied but a commercial kitchen is onsite
- Ultimate tree change lifestyle
- Property inspections are by appointment only
Property History for 117 Albert St, Inglewood, QLD 4387
- 17 Aug 2022Sold for $700,000
- 09 Jun 2022Listed for Sale $1,200,000
- 29 Jun 2021Listed for Sale $1,135,000
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About Inglewood 4387
The size of Inglewood is approximately 357.1 square kilometres. There are 6 parks, covering nearly 39.0% of the total area. The population of Inglewood in 2016 was 954 people. By 2021 the population was 936 showing a population decline of 1.9% in the area during that time. The predominant age group in Inglewood is 60-69 years. Households in Inglewood are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Inglewood work in a labourer occupation.In 2021, 62.60% of the homes in Inglewood were owner-occupied compared with 64.10% in 2016.
Inglewood has 656 properties. Over the last 5 years, Houses in Inglewood have seen a 203.01% increase in median value, while Units have seen a 42.33% increase. As at 30 June 2026:
- The median value for Houses in Inglewood is $370,679 while the median value for Units is $347,142.
- Houses have a median rent of $215.
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