2 Wees Street, Wasaga, QLD 4875 | Property Value & History | OnTheHouse
OFF MARKET

2 Wees Street
Wasaga QLD 4875

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4048m2
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Property Details for 2 Wees St, Wasaga

Building Type
Commercial
Land Size
4048m2
Local Government
Torres
Lot/Plan
155/RP748819

Last Listing description (May 2019)

CBRE Hotels are pleased to present the freehold going concern of the Wongai Hotel, located on Horn Island.
Key investment Highlights:
Income security and profitability demonstrated by Financial Statements

Full commercial hotel license with 21 accommodation units
Huge corporate trade
Property has been run under management mostly for the duration of ownership
Expansion of the Business with formal approval for Hotel Extension - additional 8 accommodation units
Tourism Growth within the region Cape York and beyond
Gateway to the communities through-out Thursday Island group of Islands
Work in a unique and culturally rich environment
Torres Shire Council have designated funding to produce an affordable housing project that will provide some further 35 home sites for development on Horn Island allowing further increase in population on the Island
Kauraru Gold has been granted Exploration Permit 25520 (EPM25520) for the Horn Island (Ngurupai) mineral field.

Property History for 2 Wees St, Wasaga, QLD 4875

A timeline of how this property has performed in the market
Last Sold
$2,200,000
24 Dec 2020
  • 24 Dec 2020
    Sold for $2,200,000
  • 29 Jun 2018
    Listed for Sale $4,400,000
  • 24 May 2005
    Sold for $1,315,000
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About Wasaga 4875

The population of Wasaga in 2016 was 531 people. By 2021 the population was 533 showing a population growth of 0.4% in the area during that time. The predominant age group in Wasaga is 10-19 years. Households in Wasaga are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Wasaga work in a professional occupation.In 2021, 20.50% of the homes in Wasaga were owner-occupied compared with 15.60% in 2016.

Wasaga has 116 properties. Over the last 5 years, Houses in Wasaga have seen a 56.09% increase in median value, while Units have seen a -50.54% decrease. As at 31 December 2025:

  • The median value for Houses in Wasaga is $420,859 while the median value for Units is $582,316.
There are currently no properties listed for sale, and no properties listed for rent in Wasaga on OnTheHouse. According to Cotality's data, 4 properties were sold in the past 12 months in Wasaga.

Suburb Insights for Wasaga 4875

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.