Hotel opportunity in Bundaberg Central
BUNDABERG, famous for Bundy Rum, is on the Burnett River about 385km north of the state capital Brisbane and 15km from the coast. It is a modern, progressive city servicing a district population of about 112,000. With the Great Barrier Reef just off the coast, marine turtles return annually to nest at Mon Repos Beach and Bundaberg has a climate similar to Hawaii and Florida.
Own your own motel. This freehold motel, zoned Res C on two 1012sq m titles, is in a quiet location opposite one of Bundaberg's best loved parks and the Burnett River. It is close to the city centre, train station, eateries and theatre. The motel has 17 rooms and a unique and beautiful old Queenslander home built in 1908, that has been transformed into a restaurant overlooking Alexandra Park. With the owner's motivation to sell and retire, a current lease in place on the motel and future potential for capital improvement to add further units with council approval, there is no better time to secure a landmark opportunity in a location that is second to none.
where: 66 Quay St
price: Auction February 23
agent: Violette Sinclair 0431 473 799 and John Pappalardo 0427 875 396, LJ Hooker Bundaberg
inspection: Today, 10 - 10.30am