72 Lamb StreetMurgon QLD 4605
Property Details for 72 Lamb St, Murgon
Last Listing description (January 2021)
This is a rare Freehold Investment opportunity to acquire this iconic Queensland Hotel in a strong agricultural town.
The Royal Hotel in Murgon has undergone extensive refurbishments over the last 4 years under owners Graham and Lynne. A drive through bottle shop has been put in with good weekly specials for customers. Current lessees have excellent patronage, all well respected within the industry.
The bar has been completely refurbished with very comfortable seating and the huge Bistro steaks are, of course, South Burnett beef. This investment is being sold with a current term of lease until July 2021 with a further option period of 5 years.
A little about Murgon:
- Murgon is located on the Bunya Highway approximately 92 kilometres west of Gympie and 245 kilometres north-west of Brisbane...just over 2 hours from city or sea.
- Murgon is a vibrant country town with a very active and friendly community located in the beautiful rural South Burnett region of South-East Queensland.
- The Murgon district has a lot to offer with amazing scenery and much to see and do.
- South Burnett enjoys a warm dry climate where clear starry nights give way to perfect sunny country days.
All information necessary in carrying out due diligence throughout an acquisition will be made available.
Property History for 72 Lamb St, Murgon, QLD 4605
- 04 Apr 2025Sold for $605,000
- 13 Jul 2020Sold for $1,050,000
- 22 Nov 2019Listed for Sale $1,500,000
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0About Murgon 4605
The size of Murgon is approximately 65.9 square kilometres. It has 6 parks covering nearly 0.6% of total area. The population of Murgon in 2016 was 2378 people. By 2021 the population was 2220 showing a population decline of 6.6% in the area during that time. The predominant age group in Murgon is 50-59 years. Households in Murgon are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Murgon work in a community and personal service occupation.In 2021, 64.40% of the homes in Murgon were owner-occupied compared with 59.00% in 2016.
Murgon has 1,399 properties. Over the last 5 years, Houses in Murgon have seen a 156.12% increase in median value, while Units have seen a 49.76% increase. As at 30 November 2025:
- The median value for Houses in Murgon is $407,428 while the median value for Units is $202,844.
- Houses have a median rent of $270 while Units have a median rent of $175.
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