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Wandoan QLD 4419

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • For Sale, PRICE SLASHED $800,000

2612MF - PURCHASE AT COST PRICE OR BUY INDIVIDUAL LOTS

    Opportunity to secure some prime property, strategically positioned amongst billions of dollars of infrastructure. Build with the market in mind and generate significant returns.

    Development approved sites for 58 rooms consisting of:

    - 8 North St Wandoan 16 rooms- made up of 6 x 2 bedroom superior ensuited apartments and 1 x 4 bedroom superior apartment with 2 bathrooms and three toilets servicing the unit. Total Rooms 16.

    - 1 North St Wandoan 14 rooms made up of 5 x 2 bedroom superior ensuited apartments and 1 x 4 bedroom superior apartment with 2 bathrooms and three toilets servicing the unit. Total Rooms 14.

    - 3 Weldon St Wandoan 14 rooms made up of 5 x 2 bedroom executive ensuited apartments and 1 x 4 bedroom superior apartment with 2 bathrooms and three toilets servicing the unit. Total Rooms 14.

    - 7 East St Wandoan 14 rooms made up of 5 x 2 bedroom superior ensuited apartments and 1 x 4 bedroom superior apartment with 2 bathrooms and three toilets servicing the unit. Total rooms 14.

    The idea behind the development approvals is noted below:

    1. Use the 58 rooms as an independent business to fulfil accommodation shortage.

    2. Use the 58 rooms as an extension of a local motel or camp in town to fulfil accommodation shortage.

    3. Offer accommodation to people/companies who don't necessarily want all their staff/executives to stay in a motel/camp.

    In terms of what is currently on each site please note the following:

    1. Individaul Price: $150,000 - 8 North St (1,012m2 site) Block of land

    2. Individaul Price: $300,000 - 1 North St (801m2 site) 5 bedroom renovated and furnished house Currently tenanted for $260 per week.

    3. Individaul Price: $325,000 - 3 Weldon St (809m2 site) 3 bedroom renovated and furnished house Currently tenanted at $210 per week.

    4. Individaul Price: $275,000 - 7 East St (836m2 site) 3 bedroom renovated and furnished house Currently tenanted at $250 per week.

    Detailed documentation on each property includes:

    1. 3D Renders for the proposed development

    2. Building Files

    3. Current property images

    4. Development Approval & Extension documents

    Package all four lots for sale together for $800,000 or purchase as individual lots.

    Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

    Property ID: 2612MF (quote when enquiring)

    Property Code: 3423

    Michael Philpott
    Tourism Brokers
    Michael Philpott
    Tourism Brokers

    Property Highlights

    Property ID2016147801
    Floor Area1 m²
    Land Area3,458 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Virtual TourView Tour
    Category
    Last updated  24 Jul 2021
    Map for Wandoan QLD 4419
    Map for Wandoan QLD 4419Wandoan QLD 4419
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Michael Philpott
    Tourism Brokers
    Michael Philpott
    Tourism Brokers

    Property Highlights

    Property ID2016147801
    Floor Area1 m²
    Land Area3,458 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Virtual TourView Tour
    Category
    Last updated  24 Jul 2021
    Tourism Brokers
    170 Scarborough St Southport QLD 4215
    Michael Philpott
    Tourism Brokers
    Michael Philpott
    Tourism Brokers

    Ask Michael Philpott about this property

    Michael Philpott

    Michael Philpott

    Tourism Brokers

    0433 *** ***
    0433 137 927

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