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EXCLUSIVE TO CRE BROKERS. Rare Opportunity. Located across the road from the beach on Hervey Bay's popular Esplanade, this Freehold Motel offers a rare opportunity to acquire more than 1900 meters of flat land in a prime location with a Going Concern that continues to receive excellent reviews. The Urangan Pier is just a few minutes' walk along the Esplanade from here, with its markets and restaurants including The Vinyard.
Built over two allotments, the Motel boasts 13 immaculate rooms, all of the rooms have water views and all except two have been renovated. The residence, equally immaculate, features two bedrooms, a bathroom plus a separate room with a bath, and a huge kitchen with gas cooktop. The residence enjoys water views from its living area and balcony, and is located directly above the spacious office and reception area.
The property features the main building at the front, leaving beautiful gardens at the rear of the block, enjoyed by guests and owners alike. The garden has enough space to accommodate a second building of equal size in the future. There is also DA approval to strata-divide; another option for the new owner. There is space for parking cars, caravans and boats, and a BBQ gazebo and laundry facilities.
The current owners have been here for 16 years, and have hosted many return guests over the years.
Hervey Bay and the Fraser Coast region set new records for visitor numbers in 2018, beating the previous 2008 record. In the 12 months ending March 2018 the region hosted more than 700,000 visitors, staying an average of 5 nights and spending an estimated $400 million dollars. Property in such a prime location as this in a booming tourism destination will only be harder to acquire in the future. Contact Ronnie now for further details and an inspection.