CBRE Hotels are delighted to present to the market the freehold walk in walk out opportunity of the Midas Motel, Kalgoorlie.
The Midas Motel, located at 409 Hannan Street, is configured across three buildings (two single levels and a double level building) developed over a 5,063sqm* landholding and is perfectly positioned on the main arterial link between Perth and Kalgoorlie.
The Motel comprises 48 rooms varying in size from single, double and family accommodation, separate managers residence, reception, restaurant, function area plus swimming pool surrounded by manicured gardens and BBQ facilities.
This well-established motel is generating consistent weekly revenue and is ideally suited to a hands-on operator. Leveraging off a booming resource sector and strong corporate activity, including regional hospital and other Government services, Kalgoorlie, with its increasing tourist appeal is primed for strong business returns for many years to come.
The Motel is for sale via an Expressions of Interest campaign closing Tuesday 20th April 2021 at 3.00pm AWST.
