83 Toolooa Street, South Gladstone, QLD 4680

Hotel/Leisure

For Sale $1,200,000

  • Property ID: 360900
  • Floor Area: 500m²
  • Land Area: 1397m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the node (FTTN)
THE SLEEP FACTORY – FREEHOLD MOTEL ON HUGE BLOCK (3 TITLES - 3 STREET FRONTAGES)

Phone enquiries - please quote property ID 23956.

This is an extraordinary opportunity to purchase a well-established, freehold motel walking distance to the beach. All set on a huge block of 3,967sqm with 3 titles and 3 street frontages.
This neat and tidy motel has a star rating as per reviews for 4.5 and a high occupancy rate. It caters for a mix of travellers, visitors and tourists to Gladstone along with workers requiring accommodation.

It consists of a modern 3 bedroom manager’s residence plus:-
* 16 motel rooms
* 3 x 2 bedroom villas
* Reception area
* Established tropical gardens, in-ground saltwater pool, BBQ areas.
* Guest laundry, free wifi and free netflix.
* Ample space to park extra cars, boats, trailers etc and side street parking for trucks.
* Undercover parking
* Plenty of space for all the guests

POTENTIAL:-
The business is currently being run by one person and employs cleaning staff. It would ideally suit a couple. There is so much more potential with plenty of room inside and out. A full Restaurant could be added catering for guests, locals and even events. Could seat 40 comfortably inside plus the outdoor area with existing Kabana hut would make for a great wedding or party celebration. A liquor license could be easily obtained for a fully licensed bar.

INCLUSIONS:-
Selling on a walk-in-walk-out basis including all three titles and improvements, professional website with on-line bookings
Many improvements have been made over the last couple of years including a name change. This is a rare event to be able to purchase a motel FREEHOLD. Currently managed by one person with cleaning staff, but would suit husband and wife team.
With plenty of growth potential and consistent occupancy, this business and freehold property is now on the market. Enquire today for inspection.

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

South Gladstone Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $883 ---
Industrial --- $824 ---
Retail $1606 $190 11.85%
This is the average advertised price, rent and yield for South Gladstone, QLD 4680*
* 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:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 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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