Pensioners buy entire cities for only $ 550,000 and plan to turn it into a retro amusement park

A retired couple has picked up an entire city for less than most family homes and hopes to turn it into a tourist attraction.

Retired couple Karyn, 58, and Peter Peeters, aged 60, bought Allies Creek in Queensland for only $ 550,000 after the virus was gone.

The charming city was originally built to house employees of a nearby wood factory and comes with 12 houses and more than 14 hectares of land.

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Retired couple Karyn, 58, and Peter Peeters, 60, (pictured) have bought a complete city, Allies Creek, in Queensland, for only $ 550,000 after it had taken the headlines across the country

Retired couple Karyn, 58, and Peter Peeters, 60, (pictured) have bought a complete city, Allies Creek, in Queensland, for only $ 550,000 after it had taken the headlines across the country

The city comes complete with 12 houses and more than 14 hectares of land west of the Sunshine Coast in Queensland

The city comes complete with 12 houses and more than 14 hectares of land west of the Sunshine Coast in Queensland

The city comes complete with 12 houses and more than 14 hectares of land west of the Sunshine Coast in Queensland

The couple told The Courier Mail that they hoped the city would be operational within two years.

They expect to spend about $ 2 million on creating a mecca for retro tourism that includes "gray nomads and motorcycles & # 39; will attract.

We are going to have a bar and a recreation area that will connect with the church, so that we can keep weddings, and also for the people on weekends who want to come and see, "said Mr. Peeters.

The city was originally built to house workers from a nearby wood factory that has been closed for a long time

The city was originally built to house workers from a nearby wood factory that has been closed for a long time

The city was originally built to house workers from a nearby wood factory that has been closed for a long time

There is also a large 40ft deep dam on the edge of the small town and has a number of hydrants everywhere

There is also a large 40ft deep dam on the edge of the small town and has a number of hydrants everywhere

There is also a large 40ft deep dam on the edge of the small town and has a number of hydrants everywhere

They said that the & # 39; calmness & # 39; of the location had a great attraction on them and Mr. Peeters has already employed several traders to start the city.

In addition to adding new facilities for launderettes, caravans and a commercial kitchen, the couple are planning to make mosaic, small carpentry and woodwork.

The renovation includes a laundry, caravan facilities and a commercial kitchen.

We hope that we will pull the gray nomads and motorcyclists to the other side and we will try to create something nostalgic after a while, "Peeters said.

The last owner, Natali Williams, had bought the property together with her husband with plans to turn it into a caravan park, but after her husband died, she put it on the market

The last owner, Natali Williams, had bought the property together with her husband with plans to turn it into a caravan park, but after her husband died, she put it on the market

The last owner, Natali Williams, had bought the property together with her husband with plans to turn it into a caravan park, but after her husband died, she put it on the market

The last owner, Natali Williams, had bought the property with plans to turn it into a caravan park, but she decided to sell after her husband had died.

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

The houses all have electricity and water and guests can use the communal tennis court, the helipad and a former church.

There is also a large 40ft deep dam on the edge of the township and a number of hydrants everywhere.

The houses all have electricity and water, as well as a communal tennis court, a helipad and a former church

The houses all have electricity and water, as well as a communal tennis court, a helipad and a former church

The houses all have electricity and water, as well as a communal tennis court, a helipad and a former church

.