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1-3 Ward Street
Karumba QLD 4891
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1-3 Ward Street Karumba QLD 4891

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • For Sale, $970,000 plus GST (Negotiable)

Gone Fishin' Holiday Units

  • 11 well-presented & self-contained units
  • Revenue of $157,000* as at June 2022
  • Located in Karumba's tourist centre

Savills are pleased to present the Freehold Going Concern of the Gone Fishin' Holiday Units, located at 1-3 Ward Street, Karumba QLD 4891, for sale by negotiation.

Karumba is a town located in the Gulf of Carpentaria with a base population of approximately 600 which swells in the "dry" season with approximately 100,000 tourists and semi-permanent residents visiting the region per year. This number has been increasing year-on-year due to the influence of the "in-vogue" self-drive tourism market. In recent years the town has developed in two sections, with the port / main town centre and the tourist centre (where the Sunset Tavern is located). The town's economy is driven by the well-known and lucrative commercial fishing industry as well as the pastoral industry. In addition to this, Karumba's economy is currently benefiting from New Century's zinc mining & exports via the port.

The Gone Fishin' Holiday Units occupies frontage to both Ward Street & Palmer Street on a 1,201sq m* corner site directly opposite the Sunset Tavern and Ash's at the Point Cafe. The assets facilities comprise of 11 well-appointed, air-conditioned & self-contained units, ample parking for cars, boats and trailers, a guest laundry facilities and a fish cleaning area.

*Approximately.

Property Highlights

Floor Area1 m²
Land Area1,201 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2018455608
Category
Last updated  19 Feb 2024
Map for 1-3 Ward Street Karumba QLD 4891

Property Highlights

Floor Area1 m²
Land Area1,201 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2018455608
Category
Last updated  19 Feb 2024
Level 33, Riverside Centre, 123 Eagle Street Brisbane City QLD 4000

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