1 Mount Spec RoadPaluma QLD 4816
Property Details for 1 Mount Spec Rd, Paluma
Last Listing description (August 2022)
BEING SOLD AS A GOING CONCERN - LICENCED RESTAURANT AND 6 MOTEL STYLE UNITS
Set in the Mt Spec National Park and the mountaintop village of Paluma just over 1 hours drive north of Townsville is this established Rainforest Inn where temperatures are cooler and weather includes sunny days, good wet seasons, cooler winters and rainforest misty conditions.
Paluma Rainforest Inn has a licenced Cafe/Restaurant and 6 motel style units. Downstairs units have a queen and 2 single beds, an ensuite, tea & coffee making facilities, TV and reverse cycle air-conditioning. One room has disability facilities (Maximum capacity 4 people each). The Upstairs have a queen and one single bed, each room has a balcony, tea & coffee making facilities, TV and reverse cycle air-conditioning (Maximum capacity 3 people each). There is also some beautifully appointed natural timbers used in the fixed fittings.
The Licenced Restaurant is 350 square metres and includes a modern Cafe/Restaurant and spacious deck outside, modern kitchen, laundry / store room, his and her, as well as disability toilet facilities.
Ideal for catering for functions, eg weddings, group celebrations, end of year functions.
The Inn is set in a garden surrounds and has a bitumen car park at the rear for guests and clients.
The Paluma area has many local attractions, eg. relaxing walking tracks, bird life, Paluma Dam for canoeing, Little and Big Crystal Creek for swimming and picnics and an abundance of fauna and bird species to admire.
The property is being sold on a walk-in-walkout basis as a going concern. The owners will be happy to provide short term support regarding the running of the business.
For more information and or inspection please contact Leah James on 0407 579 338.
Property History for 1 Mount Spec Rd, Paluma, QLD 4816
- 16 Dec 2014Listed for Sale POA
- 02 Dec 2013Sold for $601,000
- 18 Jul 2012Listed for Sale PRICE ON APPLICATION
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0About Paluma 4816
The size of Paluma is approximately 2296.1 square kilometres. It has 4 parks covering nearly 33.9% of total area. The population of Paluma in 2016 was 68 people. By 2021 the population was 87 showing a population growth of 27.9% in the area during that time. The predominant age group in Paluma is 60-69 years. Households in Paluma are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Paluma work in a managers occupation.In 2021, 96.90% of the homes in Paluma were owner-occupied compared with 74.10% in 2016.
Paluma has 171 properties. Over the last 5 years, Houses in Paluma have seen a 87.97% increase in median value, while Units have seen a 60.24% increase. As at 31 January 2026:
- The median value for Houses in Paluma is $391,222 while the median value for Units is $620,177.
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