Internal Ref: 118240552
Summary
The Phone Code for this property is: 49393. Please quote this number when phoning or texting. Step into one of Australia's most unique accommodation businesses - Radeka's Downunder Motel, an ...
Location Details
1 Oliver St
About the Business
The Phone Code for this property is: 49393. Please quote this number when phoning or texting.
Step into one of Australia's most unique accommodation businesses - Radeka's Downunder Motel, an underground motel in the heart of Coober Pedy's main street. This is a rare opportunity to purchase not just a business, but a piece of South Australia's outback tourism heritage.
*** FREEHOLD & BUSINESS ***
Key Features:
- 32 currently sellable rooms (9 motel-style with private ensuite, 23 private budget rooms with shared communal facilities)
- Potential for 39 rooms without excavation (making use of our empty undeveloped rooms)
- Underground & above-ground rooms including iconic deep-dug rooms 6+ metres below ground
- A collection of budget style private rooms utilising the communal bathrooms that are easy and efficient to clean, allowing for the most competitive prices in town putting us at the top of search engine results
- Communal kitchen, TV/dining room, coin-operated guest laundry, and multiple communal bathrooms
- Underground reception with bar, pool table, and opal showroom with original display cabinets
- Manager's residence and private staff facilities
- Extensive storage with 5 storerooms, In-built commercial underground cool room (for bar), and staff laundry
- Massive off-street parking front and rear - fits buses, caravans, trucks, and trailers
- Singular rooftop "Sundeck" room with panoramic views over the town and Breakaways
- 2 Above Ground Motel room options for those who prefer conventional style accommodation (potential for a third!)
Development Potential:
- Thunderdome: A vast domed underground room with adjoining spaces and a large ventilation shaft - ideal for conversion into a spa, pool, or feature entertainment room to draw more tourism to the property
- The Catacombs: A network of narrow tunnels and undeveloped chambers - a unique opportunity to expand with themed rooms or experiences
- Adding Bathrooms: 7 of Downstairs budget rooms run adjacent to a large tunnel drive where bathrooms can be constructed and connected to rooms providing extra income. And at least 3 larger family rooms downstairs have ample room to add bathrooms and there are empty tunnel routes which would allow for plumbing/sewage to surface
- Family room potential in large existing rooms
- Opal showroom easily reactivated for retail tourism, capitalizing on Coober Pedy's thriving Opal and tourism industry
- One near-complete deluxe motel room & another 90% complete - instant capacity boost
Prime Location:
- Central main ...
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