83 Toolooa Street, Gladstone QLD 4680

$1,200,000

THE SLEEP FACTORY – FREEHOLD MOTEL ON HUGE BLOCK (3 TITLES - 3 STREET FRONTAGES)

Phone enquiries - please quote property ID 23940.

HAS BEEN REDUCED TO SELL

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, so ideally would 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 huts 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.

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

Property Details