Selectability, one of Queensland’s largest NDIS mental health providers has purchased the freehold going concern interest in the Gulfland Motel and Caravan Park.

Located at 11 Landsborough St, Normanton, the 1.56 ha land parcel comprises 28 self-contained accommodation rooms, a caravan park with 55 sites, a four-bedroom manager’s residence, and guest facilities including the licensed Gulflander Bar & Grill Restaurant, the ‘Big Barra’ tourist attraction, and a swimming pool.

Selectability, a mental well being and suicide prevention organisation based in Townsville, operates within the Carpentaria region and surrounding islands. Selectability plan to use the motel and caravan park for staff accommodation while operating in nearby locations.

CBRE’s Hotels’ Hayley Manvell and Jay Beattie managed the sale, on behalf receivers and managers, BRI Ferrier.

“Given the size, accommodation mix, guest facilities, and the lack of competition within the area, the campaign received strong enquiry, appealing to a wide range of investors regionally and nationally,” Ms Manvell said.

“The property served as a base for workers and travelers within the region, due to its valuable position with high exposure to passing traffic and proximity to nearby amenities and attractions.”

Mr Beattie added, “The acquisition of this property assists in delivering an affordable accommodation option for Selectability’s staff whilst having an income producing asset. This is another great example of how tight the regional accommodation markets remain, underpinning the continued value assets of this nature in regional areas.”

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