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669 Moore Park Road

Welcome Creek, QLD 4670, Australia
$1.60m
467019500m²

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Area Price Guide
$1.50m$1.70m

Indicative price guide range

🏘️
7
Comparable
📊
$1.50m
Area median
⚖️
+7%
vs median
📐
$0
Per m²
📏
467019500 m²
Land
🗓️
1 month ago
Listed

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Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

NAI Harcourts Ignite proudly presents a rare development and income opportunity: a former school at 669 Moore Park Road, Welcome Creek, currently operating as a 60 bed accommodation facility. The site benefits from an existing MCU/DA for accommodation and a strategic concept masterplan to expand to 300 beds, offering a compelling blend of immediate cash flow and long term value creation. Brief Overview: • Opened: 1931 as Moore Park / Welcome Creek State School. Closed: 2003. • Post school: Converted to multi purpose site and marketed for tourism/accommodation. • Approximately: 1,860 m² of buildings. • Planning: MCU/DA secured for accommodation. • Current use: This will be vacant possession. Previously operating as a 60 bed hostel/accomodation with a concept to expand to 300 beds. (lease expired 31st Dec 2025) • Approved pathway: MCU/DA in place for accommodation, reducing planning risk for expansion. • Scalable upside: Concept masterplan to 300 beds enables phased growth and capital efficiency. • Staged delivery: Convert existing buildings first to generate income; defer high infrastructure to later stages. • Flexible use: Suitable for short stay, long stay, workforce, student or mixed use models. Key commercial advantages • Low entry risk: Turnkey operations and proven trading performance. • Operator appeal: Attractive to caravan park groups, backpacker operators, workforce housing providers and training organizations. • Multiple exit strategies: Hold for yield, sell as an operating business, or realize uplift after staged expansion. Potential Use • Farmers and agricultural investors seeking workforce accommodation and vertical integration. • Caravan and RV park owners or developers looking to add a serviced accommodation hub. • Backpacker accommodation operators (new and established) wanting immediate trading stock and growth capacity. • Engineering, transport and contractor companies needing on a site base, workshop and crew lodging. • Training organizations and trade schools requiring campus and student housing. • Not for profit and charity organizations seeking adaptable transitional or supported housing. • Community and church groups looking for retreat, outreach or community lodging facilities. • Health and wellness operators considering rehabilitation, retreat or aged care adjuncts. • Early learning and childcare providers wanting staff accommodation alongside service delivery. Next steps: Request an Information Memorandum, all documents available upon signing and Non Disclosure Agreement. GST is payable if applicable. Take the next step toward your dream lifestyle - call Rhys Kummerow, your Exclusive Harcourts Ignite agent, on 0437 457 575 for more information or to book your inspection today. All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Property Features

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    Repayment calculator

    $7,757/month
    $3,878 /fortnight
    Loan $1,280,000 at 6.10% over 30 years

    Upfront costs

    Deposit$320,000
    Stamp duty$72,525
    Conveyancing (est.)$2,000
    Total upfront$394,525
    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
    land
    Listing Type
    For Sale
    Land Area
    467019500m²
    Listed
    1 month ago

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