Family home at 84 Victoria Parade, Rockhampton riverfront makes historic sale

The property has only ever been handed down to family and never sold. See how much it went for and what the plans are.

One of the few remaining houses on the Rockhampton riverfront has sold – and with a hefty price tag of $1.5 million.

The home at 84 Victoria Parade was one of the very few original properties on the Fitzroy River frontage that has not been snapped up and redeveloped.

Sandwiched between Mercure motel and the GBA Consulting Engineers building, the 1447 sqm site stretches from the street and rear laneway frontage.

The property extended from Victoria Parade to the rear laneway.

It had never exchanged hands outside of the family who bought it when the home was built and was passed down to the son in a deceased estate in 1995.

The recent sale was also not advertised publicly and was sold privately.

Mark Molloy of Professionals Livingston and Molloy sold the property in March for $1.5 million and it settled in late August.

84 Victoria Parade on the riverfront, taken in October 2023.

The new owner is the owner of the neighbouring Mercure Rockhampton hotel.

The New South Wales company purchased it as Travelodge in January 2019 for $5.8 million and it was rebranded as Mercure in 2020.

The 74-room, eight-storey motel has also been undergoing renovations over the past couple of years.

It is understood there are no immediate plans for the newly-acquired site and it will remain as a long-term hold for a future development at a later date.

The home is not heritage listed.

The property is next to the Mercure motel.

Down the road further at 28 Victoria Parade, the former Shangri-La restaurant, there are plans before council for a 30-unit development.

The art-deco style building, which has fallen into significant disrepair over the past few decades, would be demolished to make way for a 12-storey, long-term residential apartment development to be built by the prominent local Rockhampton Korte family.

The former St John’s Hospital site on the corner of Victoria Parade, Albert Street and Bolsover Street, remains for sale with Knight Frank Rockhampton after it was put on the market earlier this year.

The 7502 sqm site is owned by former golf champion Adam Scott who purchased it for $15 million in 2007.

Plans once approved for 200 apartments, a restaurant and convention centre never got off the ground.

Originally published as Family home at 84 Victoria Parade, Rockhampton riverfront makes historic sale