Rockhampton Motel

PRICE:
2,200,000 AUD
ASSET ID:
95123447
LOCATION:
Australia - QLD

LOCATION DETAILS

Rockhampton

PREFERRED TRADE

Cash or Trade

KEY FEATURES

This 25-room motel is on the main entry road to Rockhampton city.

Opportunity to upgrade the motel or develop.

This large site has future expansion or development potential.

4188M2 with a frontage of 45.8 to the Bruce Highway and a frontage to Johns Street and Caroline lane.

This would be possibly the largest parcel of Highway Frontage land available for sale in the Rockhampton City area.

Spread over more than 1 Acre of valuable land this motel is constructed as 6 separate buildings.

DESCRIPTION

25 well-appointed motel rooms of varying size and configurations.

– Off street parking for motel guests including large vacant area for trucks.

– Sort after main road location with two street frontages.

– Rapid growth area with strong investment and industry.

– Long term opportunity to expand or develop site.

– Continue as solid 3-star motel or upgrade and increase rate and occupancy.

– Opportunity for continuous business growth.

This 25-room motel is on the main entry road to Rockhampton city. Opportunity to upgrade the motel or develop. All guest rooms have all amenities and facilities, and the large site has future expansion or develop potential.

The motel has now recovered from a slow COVID-19 period and has a regular contractor and tradie following. Close to all amenities and only five minutes drive to the centre of town.

Set over 1 acre of land, the motel has six main buildings with all rooms having under cover parking and dual street access.