Nestled in a tranquil bush setting only a short walk to Margaret River's thriving main street, Stay Margaret River is located at 1 Mansfield Avenue Margaret River within the world renowned Margaret River Wine Region and South West Region of Western Australia.
The property is developed over a sprawling 2.2 hectare strategic landholding in walking distance to the popular cafes, restaurants, shops and bars within the Margaret River town centre, only 7km to the iconic Surfer's Point, Prevelly and easily accessible from Perth.
The hotel which is currently leased comprises of 56 comfortable yet affordable accommodation options including queen, triple and king rooms all with ensuites and 1 and 2 bedroom apartments which include lounge, ensuite and separate bedrooms.
The property also includes an extensive amount of other facilities including conference area, restaurant, bar, swimming pool, putt putt golf, BBQ area, playground and excellent parking and storage.
Zoned "Tourist", there are a number of development opportunities to increase the volume of accommodation using the existing infrastructure but the property also has the potential for a further strata unit development for permanent living or additional short term accommodation.
A prime investment opportunity in the heart of Margaret River, this property offers buyers a unique opportunity to secure a well established accommodation facility in a centrally convenient location with further development potential.
Full Information Memorandum with further details available on request.
Disclaimer: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this material. Licensee: Downsouth (WA) Pty Ltd ACN 125 383 628
