52 Victoria StreetSt George QLD 4487
Property Details for 52 Victoria St, St George
Last Listing description (September 2022)
ResortBrokers present to the market for the first time in 15 years, the Freehold Going Concern of a 17 room motel located in the vibrant regional town of St George, QLD. Having undergone major refurbishments in the last 4 years, this business has continued to grow a long list of regular repeat clientele. Surviving a long-standing drought and the early effects of Covid restrictions, the business has now settled back into its normal rhythm. The continued rainfall across the region has the agriculture sector abuzz and spending money readily. The tourism sector has been in full swing with a growing list of annual events supporting the healthy coach travel industry. First timers or investors alike will see the benefits of acquiring this asset. Successfully run under management for many years this business ticks all the right boxes.
- Major reburishments completed in the last 4 years
- Very consistent performer
- Has been run under management for years
- Upside for owner-operators
- Experienced staff to assist with transition
- Growing tourism market
- Well-supported by the agricultural sector
- Increase in Government expenditure locally
- Growing list of annual events
- Property inspections are by appointment only
Property History for 52 Victoria St, St George, QLD 4487
- 19 Aug 2022Sold for $950,000
- 02 Jul 2019Listed for Sale $300,000
- 12 Dec 2013Listed for Sale Make an Offer
Recent sales nearby
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0About St George 4487
The size of St George is approximately 11036.2 square kilometres. It has 12 parks covering nearly 0.4% of total area. The population of St George in 2016 was 3048 people. By 2021 the population was 3130 showing a population growth of 2.7% in the area during that time. The predominant age group in St George is 10-19 years. Households in St George are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in St George work in a managers occupation.In 2021, 54.50% of the homes in St George were owner-occupied compared with 56.70% in 2016.
St George has 1,684 properties. Over the last 5 years, Houses in St George have seen a 84.70% increase in median value, while Units have seen a 82.96% increase. As at 30 April 2026:
- The median value for Houses in St George is $320,979 while the median value for Units is $325,982.
- Houses have a median rent of $400 while Units have a median rent of $200.
Suburb Insights for St George 4487
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