Set in Far North Queensland's signature town Port Douglas, is this enviable opportunity to secure a freehold going concern Motel/Hostel that has benefitted from recent renovations and upgrades to attract budget minded travellers both short and medium term.
Inclusive of licencing approvals for some 132 beds, the complex generously spread over some 4575m2 offers a Manager's Residence, lagoon pool, administrative building (reception, kiosk, tour desk, laundry, etc), commercial kitchen, bar, restaurant, communal laundry/TV area/kitchen/dining areas/4 x lounging areas/2 BBQ's/games room inc. billiards table and more.
The accommodation currently operates with 104 beds via a combination mix of shared, twin, double and family rooms, totalling 36 all set on a single level with easy access, freshly refitted modern bathroom/ensuites and either outdoor patios or privacy courtyards.
Conveniently located within immediate walking distance of Four Mile Beach, Crystalbrook Marina, Sports Ovals, Bottle Shop and all the offerings of the town's centre (bars, shops, supermarket, restaurants) this established, YHA member property is unrivalled in its accommodation category and an awesome investment opportunity. New owners can self manage, appoint staff or an experienced management employee is available to carry through. Growth can be expected from more beds, further marketing, material upgrades, business partnering and the reopening of the bar/restaurant via the commercial kitchen facility.
Video Link: https://www.youtube.com/watch?v=zePO90yHmek (copy and paste).
As freehold going concern properties in Port Douglas are very rare this unique business opportunity will not last long.
NOTE, image #5 refers to:
Block 1: main entrance to the property, inclusive of reception
area, tour booking office, administration area, kiosk, commercial kitchen, bar, bistro and a
Block 2: 13 rooms with private bathrooms and patios.
Block 3: 15 rooms with private bathrooms and courtyards.
Block 4: 8 rooms with shared bathroom and a fully self contained
managers residence with private courtyard.
In addition, between blocks 2 & 3 there are a number of
smaller buildings which house the communal kitchen, games,
lounge, TV and dining areas.
Prior approvals to add a second level extra accomodation have existed.
Land suited to future redvelopment given easy 2 street access points
Possibly (STCA) sub dividable as Residential Land
Bulldoze and create multiple Residential Townhouses (STCA)
Bulldoze and create up to 3 level Holiday Let unit complex (STCA)
Bulldoze rear block only for your Superior Onsite Residence
Simply "land bank" and see what the marketplace post COVID delivers...
For more details, please email agent