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1 Oliver Street Coober Pedy SA 5723
- Hotel, Motel, Pub & Leisure
- 3,257 m²
- For Sale, $800,000 (GST na)
"Radeka Downunder" Underground Motel
The Phone Code for this property is: 72765. 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 street location - walkable to restaurants, cafes, supermarket, opal shops, bus stop, and attractions
- 400m from Greyhound stop - regular foot traffic from transit tourists
- Surrounded by tourism infrastructure and Coober Pedy's only underground dining venue
Strategic Positioning:
- Located Midway between Alice Springs (680km) & Port Augusta (540km) on the Stuart Highway
- The only large town between Alice Springs and Port Augusta with full services: supermarket, post office, mechanics, TAFE, school, childcares, gym, pool, cinema, and more
- A key rest stop for road trippers, tour groups, and travellers along the Adelaide-Darwin corridor
Renovations:
- Extensive recent upgrades and infrastructure improvements over the past 18+ months
- Run as-is or develop further to suit your vision, much of the hard work has been done
Radeka Downunder is an outback icon with endless possibilities. With underground charm, solid infrastructure, room to grow, and a loyal flow of passing travellers, this is your chance to own a truly one-of-a-kind business in one of the world's most unique towns.
Enquire now to secure your future in outback tourism.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
