Lloyds Real Estate Australia & Ray White Real Estate is pleased to present 161 George Street Rockhampton for Auction.
An exceptional, high-visibility redevelopment opportunity in a strategic CBD location. Centrally positioned for maximum market impact, the site is ideal for mixed-use, hospitality, conference-led projects, or residential unit development.
The former Rockhampton Plaza Hotel, featuring 66 rooms, a conference centre/restaurant, pool, and ample parking currently occupies the site.
Property Details:
Real Property Description: Lot 1 RP612483
Zoning: Commercial
Land Area: 4,047 m
Rockhampton City Development Potential:
Stable demand driven by regional population growth and key public services (CQUniversity, Base Hospital).
Event and tourism uplift linked to the 2032 Olympic Games and year-round festivals, supporting short-stay accommodation and food & beverage demand.
Strong workforce housing demand from resources, agriculture, and infrastructure sectors.
Affordability appeal for downsizers, FIFO workers, and investors, with solid rental and sales prospects compared to South East Queensland.
For further information, please contact the listing agents.
The size of Rockhampton City is approximately 2.5 square kilometres. There are 8 parks, covering nearly 5.6% of the total area. The population of Rockhampton City in 2016 was 1953 people. By 2021 the population was 2059 showing a population growth of 5.4% in the area during that time. The predominant age group in Rockhampton City is 20-29 years. Households in Rockhampton City are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rockhampton City work in a professional occupation.In 2021, 42.20% of the homes in Rockhampton City were owner-occupied compared with 41.10% in 2016.
Rockhampton City has 2,284 properties. Over the last 5 years, Houses in Rockhampton City have seen a 139.20% increase in median value, while Units have seen a 39.58% increase. As at 30 June 2026:
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