MOTEL - STRATEGIC DEVELOPMENT AND LAND-VALUE OPPORTUNITY - SAPPHIRE COAST

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Internal Ref: 1P3070

Summary

Property comprises two adjoining freehold titles with long- established tourist accommodation use and a history of council-approved development. The opportunity will appeal to developers, land ban...

About the Business

Property comprises two adjoining freehold titles with long- established tourist accommodation use and a history of council-approved development. The opportunity will appeal to developers, land bankers and investors seeking a well-located coastal site with flexibility for redevelopment, repositioning or intensification (STCA), supported by the area's strong demand fundamentals and constrained supply environment.

Whilst the motel is still in operation, it is not being sold as a going concern.

- Land area 8,119sqm (Approx.)
- Great location with coastal views
- 1.4m from shopping precinct
- 10 minutes' drive to airport
- 14 motel rooms
- 4 star standard motel
- Swimming pool
- Wi-fi
- On-site parking

The combination of dual titles, established use rights, coastal location and limited competing supply, positions the property as a compelling highest-and-best-use opportunity in this Sapphire Coast market.

MQ ID 1P3070

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