1979MF - FREEHOLD MOTEL WITH HUGE DEVELOPMENT POTENTIAL
This is a rare opportunity to get such a large parcel of land ripe for development and an income producing business in one purchase.
Located in the QLD country tourism hotspot of Stanthorpe the property has out-performed most during 2020.
So, what is on offer?
- Over 18 acres of land ripe for further development.
- Currently 14 motel rooms, 14 cottages and a large share house.
- Basic 4 bedroom manager’s house with attached office, commercial kitchen, reception, bar and common room.
- Onsite pool, games room, camp kitchen, volleyball court, business and guest laundries, undercover parking
- Plenty of storage and room for large vehicles onsite.
- On a separate title, but adjoining is a massive 4 bedroom, 3 bathroom house with a 8mx20m shed with self-contained quarters.
The land could suit a myriad of options such as a caravan park, MHE, residential properties, strata scheme properties, OR sub divide and sell off the land assets.
This opportunity is not for the faint hearted. However, you get to choose what you want to do and how you want to do it!
BUT - don’t be shy, call today and set your sights on a new adventure.
Turnover: $440,000 (2020); $588,000 (2018/19
Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1979MF (quote when enquiring)
Property Code: 3681