This freehold motel with a mix of 16 units consisting of single, double, twin and two bedroom units available plus a large managers residence.
All rooms have been refurbished including flat screen TV’s.
The current occupancy rate is over 95% with accommodation agreement in place with Rio Tinto.
There is room to vale add to the motel with a large adjoining 936m2 block where more units could be constructed at present there is a house and six bay shed this is for sale for $250,000
The motel has an excellent position facing the Bruce Highway, Gladstone to the north and 1770/ Agnes Water to the east. This is a great investment due to the accommodation shortage in Gladstone due to the massive construction of the LNG plants plus more development to come.
For further information please call the listing agent.