Operating 24 Room Motel with managers residence on 6,388m2 with future upside. Vendor paid $2,300,000 in 2023. Now seeking offers over $1,700,000. for business and freehold "as is where is" Would suit strata title STCA.
Features
10 x Suites with lounge areas.
4 x Superior rooms.
11 x Large Standard rooms.
3 Bedroom 190m2 managers residence.
Conference area with Bar & Commercial, Kitchen (currently closed for renovations)
Manicured Gardens Recreation area Pool and BBQ area.
Would also suit a strata title solution & further development STCA.
This Freehold motel, a longstanding landmark in Gladstone. Nearby hydrogen project, expected to employ 9,000 workers by 2030, along with the commencement of the Fitzroy Pipeline employing over 500 workers this year, presents a significant opportunity for growth.
New owners have the chance to leverage their mining and construction client lists to fill the property or to rejuvenate it to its former glory. Positioned away from the highway, the motel offers guests a peaceful stay. Each room provides commanding views of the harbour and ocean, with the Queensland Alumina Ltd refinery lighting up the night like a Christmas tree.
The motel features one of the largest restaurants and conference rooms in Gladstone, previously successful with weddings and conferences throughout the year. Although the restaurant is currently closed for renovations, it previously operated with a liquor license.
Terms
Unconditional Contracts only, 10% deposit (released), settlement up to 60 days.
For immediate sale, vendor motivated says sell this week.
Call Cleo or Maxwell now to register your interest.
0467 570 057 or 0438 084 657
