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DealProspect/Listings/Property

Coastal Freehold Motel Redevelopment Site

Motel

ActivePropertyB2C
Asking price
N/A
Disclosed · AUD
Revenue
EBITDA
Implied multiple
n/a
Price includes the property
Brief
  • Two adjoining freehold titles with long-established tourist accommodation use
  • Land area approximately 8,119sqm
  • 14-room, 4-star standard motel still in operation but not sold as a going concern
  • Swimming pool, Wi-Fi and on-site parking
  • Coastal views, 1.4km from shopping precinct and 10 minutes' drive to airport
  • Flexibility for redevelopment, repositioning or intensification (STCA)
  • Located in the Sapphire Coast market