Sunshine Coast Motel for sale in a resilient drive-to coastal market. CBRE Hotels Hayley Manvell has been appointed as the exclusive marketing agent for the property.
The Sunshine Coast’s Moffat Beach Motel has been listed for sale, offering the opportunity to secure a well-located accommodation facility in a resilient drive-to coastal market.
CBRE Hotels’ Hayley Manvell has been appointed as the exclusive marketing agent for the property.
The Caloundra motel features 12 guest rooms, a swimming pool, guest laundry and undercover parking as well as a fully renovated, two-bedroom manager’s residence, which, if not occupied by a manager or owner operator, could be placed back into the letting pool for guests.
This motel is centrally located on a prime 1,215 sqm corner freehold site, only 500 metres to the beach and main retail strip.
“The motel is well presented following refurbishments over the past few years and is an attractive sized investment for an incoming owner operator or investor. The property also has a strong underlying land value and offers the potential for long term redevelopment into residential, subject to the relevant planning approvals,” Mr Manvell said.
The listing follows the recent sale of the Sunshine Coast’s Loea Boutique Hotel, which set a price per room record for regional Australia, outside of Byron Bay, underpinned by the ongoing interest in coastal leisure assets.
“The Sunshine Coast is currently one of the fastest growing regions in Australia and there are very limited freehold accommodation assets in the region, with any available investment opportunities highly sought after,” Ms Manvell said.
“We are seeing record numbers of interstate investors, particularly from Sydney and Melbourne, moving their capital north into Queensland, chasing value and growth potential.”
The Moffat Beach Motel is being sold via an Expression of Interest campaign closing 1 December 2021, unless sold prior.
To request a copy of the Information Memorandum please contact one of the marketing agent CBRE Hotels Hayley Manvell via the contact details below.