430 Stuart Highway Winnellie NT 0820
- Hotel / Leisure
- 4,070 m²
- Expressions of Interest
THE HI WAY INN MOTEL - FREEHOLD
430 Stuart Highway Winnellie is a high profile highway frontage motel positioned one of Darwins main arterial roads. The facility comprises 28 motel suites constructed over two levels. The are extensive guest facilities including reception, waiting area, dining room, swimming pool and outdoor BBQ / entertaining area. The facility is equipped with commercial kitchen, laundry, storage, managers residence plus a separate care takers residence. There is abundant on site parking at rear. The property is located just 5 minutes from Darwin City and 10 Minutes from Darwin International Airport.
Tenancy profile The motel facility is currently leased by Marbig Pty Ltd on a 5+5 year lease. Marbig operates the motel on a typical commercial basis with high portion of their occupancy coming from FIFO and mine working occupants. Full lease documentation is available on request.
Key Property Highlights:
Service Commercial Zoning ( SC )
1250m2 Gross Building Area.
Caretakers and Managers residences
Serviceable facility in good condition
High profile property
Leased until 2021
For Sale via Expressions of Interest closing 4pm Wednesday 18 September 2019.
EXPRESSION OF INTEREST
|Closing date and time||18/09/2019 12:00|
|Recipient name||Craig Inkster|
|Floor Area||4,070 m²|
|Land Area||4,070 m²|
|Parking||On site parking available|
|Annual Return||Ask Agent|
|Last updated||7 Aug 2019|