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1 Edward Street, Silkwood$850,000
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1 Edward Street

Silkwood, QLD 4856, Australia
$850,000
11 bed 9 bath 2 car1647 m²

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Area Price Guide
$799,000$901,000

Indicative price guide range

🏘️
10
Comparable
📊
$650,000
Area median
⚖️
+31%
vs median
📐
$516
Per m²
📏
1647 m²
Land
🗓️
5 days ago
Listed

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About this property

Freehold Silkwood Hotel, Locally known as the Silky. This grand old Lady is ready for a new Publican. $850,000 WIWO just bring your suitcase. Renovated character filled North Queensland Hotel with true country charm. Classic Queenslander, original hardwood floorboards, high ceilings with the authentic Aussie pub feel. 9 bedrooms upstairs, all with air conditioning opening up to 3m wide tropical verandahs, plus a 2 bedroom Managers residence, ready to be let out on a permanent basis or nightly accommodation. 9 bathrooms throughout the hotel, multiple communal areas plus upstairs verandah, exclusive to in house guests. Commercial kitchen, immaculate with new appliances serving up true country meals in a fast paced hotel. Set on a 1647 SQM block with two street access and room for caravans or camping. The venue holds large bands, weddings, functions and is well known for live music on the weekends and a huge local daily patronage. Tropical beer garden, relaxing outdoor areas, the true old pub feel that's hard to find nowadays. Licensed for catering to outside venues across QLD, bring the Silky to your own function. The main front bar has 8 beers on tap with the rear can bar for busy functions and live bands. White table clothed Dining area has seating capacity of 60 pax. Vacant renovated shop for extra income if required, perfect for a bottle shop, brewery / distillery or pokies (these are Virtually Staged). Currently running Keno with the expansion of pokies possible for the new owners. 3 phase power on 2 meters with a backup 40 KVA generator, 15 KW solar system and town water. P&L figures and further details on request for qualified buyers. Text or Call Toby 0448033913 tobymitchell@remax.com.au

Property Features

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    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $4,121/month
    $2,060 /fortnight
    Loan $680,000 at 6.10% over 30 years

    Upfront costs

    Deposit$170,000
    Stamp duty$31,275
    Conveyancing (est.)$2,000
    Total upfront$203,275
    Verify with QLD revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    11
    Bathrooms
    9
    Parking
    2
    Land Area
    1647 m²
    Listed
    5 days ago

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