1-9 Alfred Quinn DriveMiddlemount QLD 4746
Property Details for 1-9 Alfred Quinn Dr, Middlemount
Last Listing description (October 2016)
Investment Highlights:
- Bargain price: Acquire well under replacement cost.
- Massive upside: Reposition through proactive management and realise huge returns and increase in value into the next upward cycle through increase of room rates, development of additional rooms and increased secure occupancy.
- Diversified client base: broad range of regular clients including (but not limited to) drilling, civil works, construction, services, health, education, general travellers and banking sectors.
- Development potential: current site has approval for an additional 25 rooms with all appropriate DA/Headworks paid.
- Competitive advantage: different market and higher quality than its competitors and through flexible design is well-diversified to cater for a broad range of occupants (tourist, training to corporate mining related contracts).
- Near-term revenue growth potential: high end quality compared with competitors, with potential for increase in room rates.
Purpose built and self-contained, boutique, high end quality Accommodation Village (not mining camp), with onsite restaurant and laundry facilities. The asset is offered for sale as a freehold-going concern.
To enquire about this investment opportunity, contact: Ray White Industrial on 07 3331 5444
Land size: 11064 sqm
Total floor area: 1426 sqm
Property History for 1-9 Alfred Quinn Dr, Middlemount, QLD 4746
- 18 Feb 2025Sold for $930,000
- 21 Dec 2020Sold for $1,800,000
- 15 Apr 2015Listed for Sale Expressions of Interest
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0About Middlemount 4746
The size of Middlemount is approximately 503.7 square kilometres. It has 6 parks covering nearly 0.2% of total area. The population of Middlemount in 2016 was 1841 people. By 2021 the population was 1899 showing a population growth of 3.2% in the area during that time. The predominant age group in Middlemount is 30-39 years. Households in Middlemount are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Middlemount work in a machinery operators and drivers occupation.In 2021, 5.70% of the homes in Middlemount were owner-occupied compared with 3.60% in 2016.
Middlemount has 1,098 properties. Over the last 5 years, Houses in Middlemount have seen a 41.55% increase in median value, while Units have seen a 89.08% increase. As at 31 December 2025:
- The median value for Houses in Middlemount is $204,973 while the median value for Units is $225,344.
- Houses have a median rent of $450 while Units have a median rent of $360.
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