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Retired couple buy entire town and plan on turning it into retro tourism hot spot
Karyn and Peter Peeters bought the town for less than average price of a house
They said it should take them about two years to complete their renovations

By Adam Mccleery For Daily Mail Australia

Published: 19:23 EST, 9 November 2018 | Updated: 19:28 EST, 9 November 2018

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A retired couple have scooped up an entire town for less than most family homes and hope to turn it into a tourist attraction.

Retired couple Karyn, 58, and Peter Peeters, 60, bought Allies Creek, in Queensland, for just $550,000 after it went viral.

The charming town was originally built to house employees of a nearby timber mill and comes with 12 houses and over 14 hectares of land.

Retired couple Karyn, 58, and Peter Peeters, 60, (pictured) have purchased an entire town, Allies Creek, in Queensland, for just $550,000 after it made headlines across the country

The town comes complete with 12 houses and over 14 hectares of land west of the Sunshine Coast in Queensland

The couple told The Courier Mail that they hoped to have the town up and running within two years.

They expect to spent around $2 million to create a retro tourism mecca that will attract 'grey nomads and motorcycles' .

'We’re going to have a bar and recreation area which will couple up with the church so we can have weddings, and also for the weekend people who want to come and visit,' Mr Peeters said.

The town was originally built to house workers of a nearby timber mill which has long since closed down

There's also a large 40ft deep dam on the edge of tiny town and has a number of hydrants throughout

They said the 'calmness' of the location was a big draw card for them and Mr Peeters has already employed several tradesmen to start work on the town.

Apart from adding new facilities for laundromats, caravans, and a commercial kitchen, the couple plan to hold mosaic-making, small carpentry and timberwork.

The renovations will include a laundromat, caravan facilities and a commercial kitchen.

'We hope down the track to attract the grey nomads and the motorcyclists and we’re going to try over time to create a little bit of something nostalgic,' Mr Peeters said.

The last owner, Natali Williams, had purchased the property with her husband with plans to convert it into a caravan park but after her husband passed away she put it on the market

The last owner, Natali Williams, had purchased the property with plans to convert it into a caravan park but she decided to sell after her husband passed away.

Her original asking price for the property was $2.1million but she dropped the asking price after failing to secure a buyer.

The homes will all have electricity and water and guests will be able to make use of the communal tennis court, helipad and a former church.

There's also a large 40ft deep dam on the edge of the township and a number of hydrants throughout.