Latest / Best of Business / Carol Yarrow: Cooladdi resident on selling Australia's smallest town

Transcript

Carol Yarrow: Cooladdi resident on selling Australia's smallest town · Best of Business

• 0:09
  Speaker 1: You're listening to a podcast from News Talks be follow
• 0:12
  Speaker 1: this and our wide range of podcast now on iHeartRadio.
• 0:16
  Speaker 2: Now you want to own your own town, it might
• 0:19
  Speaker 2: require a move to Australia because Coladdie is up for sale,
• 0:22
  Speaker 2: population two. It includes a four bedroom house. You also
• 0:24
  Speaker 2: get the Fox Trap Hotel. Maybe some other businesses will
• 0:26
  Speaker 2: find out all that all of this will cost you
• 0:28
  Speaker 2: four hundred thousand Aussie dollars. Carol Yarrow is one of
• 0:31
  Speaker 2: the owners. Hi Carol, Hi, handa, Well, what are we
• 0:34
  Speaker 2: going to get for four hundred thousand?
• 0:38
  Speaker 3: We have a roadhouse here which is a pub, a
• 0:42
  Speaker 3: post office, a restaurant, four motel units plus a cabin
• 0:47
  Speaker 3: and a four bedroom residence.
• 0:51
  Speaker 2: Do you get a lot of people coming through?
• 0:52
  Speaker 3: Like?
• 0:53
  Speaker 2: Is this going to make a bit of money.
• 0:56
  Speaker 3: It's actually situated on what is the longest road in Australia,
• 1:03
  Speaker 3: the Diamond Tenna Development Row runs from Charlie Aldermount. Isa.
• 1:08
  Speaker 3: Get a lot of people through here, they come out
• 1:11
  Speaker 3: to birds Well, anyone traveling through to the west, this
• 1:13
  Speaker 3: is the road they usually take.
• 1:16
  Speaker 2: Why have you decided to sell up?
• 1:20
  Speaker 3: Because when we came here just over three years ago,
• 1:23
  Speaker 3: it was a three year plan under three years is up.
• 1:26
  Speaker 3: I'm ready to retire, so it's time to move on.
• 1:30
  Speaker 2: Oh Carol, I smell a rat. You're selling up in
• 1:33
  Speaker 2: three years. That's very quick, isn't it.
• 1:36
  Speaker 3: No, well, we only came out for three years. Joe
• 1:39
  Speaker 3: wants to get back to Brisbone to her family, so
• 1:41
  Speaker 3: it was only ever a three year plan.
• 1:44
  Speaker 2: Okay, how much did you pat? Do you mind me
• 1:47
  Speaker 2: asking this? Qut cheeky? How much did you pay for it?
• 1:51
  Speaker 3: Oh? Now now you are asking cheeky questions and quite honest,
• 1:59
  Speaker 3: so I can't even remember.
• 2:01
  Speaker 2: Are you going to make a buck? Do you reckon.
• 2:05
  Speaker 3: With the sale? Yeah? With what improvements we've done, we
• 2:10
  Speaker 3: won't make a lot of money. But yeah, when you
• 2:13
  Speaker 3: sort of just want to move on when it's time
• 2:17
  Speaker 3: to sell you Yeah, So tell.
• 2:20
  Speaker 2: Me who's your perfect buy. I'm guessing it's not a family,
• 2:23
  Speaker 2: right because you've got to get the kids to school.
• 2:25
  Speaker 2: Sounds like it's a bloody mile away. So who would
• 2:27
  Speaker 2: be best to buy this?
• 2:30
  Speaker 3: Probably either a retired couple of young retired couple, or
• 2:36
  Speaker 3: it needs a couple. It definitely needs a couple, or
• 2:40
  Speaker 3: you know, a couple with teenage teenage kids or something. Yeah, yeah,
• 2:46
  Speaker 3: but any type of people as long as they're willing
• 2:51
  Speaker 3: to get in and put in the hard yards and
• 2:57
  Speaker 3: chat to people behind the bar and know personality comes
• 3:01
  Speaker 3: a lot into it. It's a great community, so it
• 3:06
  Speaker 3: just needs somebody that will fit in. It's the Western community,
• 3:11
  Speaker 3: which isn't hard to do.
• 3:13
  Speaker 2: I'm pleased to hear Carol, Thank you appreciate it. Carol Garrow,
• 3:17
  Speaker 2: one of the two residents selling up Cooladdie.
• 3:20
  Speaker 1: For more from news Talks at b listen live on
• 3:23
  Speaker 1: air or online, and keep our shows with you wherever
• 3:26
  Speaker 1: you go with our podcasts on iHeartRadio.