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Agnes Water is an increasingly popular tourist town located in Central Queensland, located approximately 120 kilometres north of Bundaberg. It is popular among backpackers as being similar to Byron Bay, Northern NSW, but still hidden from the general tourist route. (Source: Queensland Government)
Lots 1&8 FD1110 | Title Reference 50317356 & 50177434 County of Flinders | Parish of Uxbridge
The business has been operating since May 2002 when it took the bold move to open in uncharted waters where no backpacker presence was evident. The business opened with a license to operate 44 beds. This has since been increased to 80 beds. A licensed bar and Internet services have been added and contribute significantly to the overall income of the business.
The town and local area has become a favorite with the backpacker market with steady growth in numbers due to its quaint local Queensland feel. "Shop where locals shop and drink where locals drink" has been the town motto for many years and this interaction gives the tourists a real feel of what a Queensland coastal town is like
Currently the business lets approx. 20,000 bed nights per year (77% occupancy) and equates to around one third of the total yearly beds available in town.
Over the years, many micro businesses have formed to take advantage of the surge of new tourists coming to town. These businesses did not exist previously.
The town is serviced by the Greyhound Bus network with 4 buses coming to town daily. Two of these run northbound and two run southbound. To date the more popular northbound service has used the town.
Domestic airlines fly to both Gladstone and Bundaberg, both 120kms away, with local airstrip also available with connecting buses.
Inspections are strictly by appointment only.
Please ensure that you pre-arrange your inspection time on these days with the agent prior to arrival to avoid disappointment.
Please contact the agents to arrange a mutually convenient time for inspections to ensure access to the assets are available.
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About agnes water
median house price
745000suburb growth
0.7%median house rent
640suburb rental yield
4.5%Similar Properties
Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.