31 George Crescent, Fannie Bay, NT 0820

Hotel/Leisure

For Sale $2,400,000

  • Property ID: 442862
  • Floor Area: 1003m²
  • Occupancy: Tenanted
Bayview lodge

The Phone Code for this property is: 29216. Please quote this number when phoning or texting.

Bayview lodge is for sale

Leasehold, 1003m2

We are pleased to offer for private sale the lodge business of Bayview lodge in Fannie bay, Darwin, nt

The lodge is currently owner operated and the owners wish to sell the business and the freehold.

This profitable lodge business is located within minutes' walk to the Fannie bay shops, school, pool, restaurants and the beach.

Key property features:

- 26 well-appointed rooms.

- Ample parking on site and off street for lodge guests.

- Rapid growth area with strong investment and industry.

- All buildings and property well maintained and presented.

- Opportunity for business growth.

- Outdoor spa and entertaining area.

A must see for all developers for the opportunity to secure this prime piece of fannie bay real estate.

Situated in one of the best suburbs of town, currently operating 26 rooms with extensive room renovations carried out over the past three years.

The property features 26 well-appointed rooms with all amenities, spa, entertaining area with ample on site and off-street parking for all vehicles.

The property has two main buildings, single and double story. Endless opportunities are available to expand or develop the site. Or land bank now for the future.

Now there is an opportunity to revert back to a nightly accommodation motel and reap the benefits of Darwin recent uplift in accommodation demand and occupancy, which is to continue into the future.

Darwin is having a mini boom again, with accommodation demands at all-time highs. New planned developments and projects have seen large scale activities in the city. Along with the increase in movement through the port, Darwin business and economy is on the rise.

This property provides a great opportunity for the purchaser to invest in a solid piece of prime real estate, with the opportunity to create a successful business while working on future developments.

Fannie bay is a relaxing destination in the NT.

The lodge offers various accommodation rooms from single to twin to double rooms and had a Gross turnover excluding GST of over $30,000 monthly

Asking price is $2,400,000

Get in touch now and don't miss out

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Fannie Bay Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $393 ---
Offices --- $431 ---
This is the average advertised price, rent and yield for Fannie Bay, NT 0820*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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