Share this property

80 Takalvan Street Bundaberg West, QLD 4670

Directions

80 Takalvan Street,
Bundaberg West, QLD 4670

Hotel & Leisure

Price information

Sale

$2,343,000

Key property information

Land area

Floor area

Car spaces

Property extent

Private inspections

to arrange a private inspection.

Map of 80 Takalvan Street

Directions
  • Train stations within 5 km of 80 Takalvan Street, Bundaberg West, QLD 4670Distance
    Bundaberg2.6 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 80 Takalvan Street, Bundaberg West, QLD 4670Distance
    Williams Rd Near Dr Mays Road376 m
    Warrell St Near Johnston Street385 m
    Johnston St Near Warrell Street389 m
    Watkin Street Near Moran St393 m
    Takalvan St Near Cleary St421 m
    POWERED BY HERE ©
POWERED BY HERE ©

Freehold Going Concern 16 room Motel complex. Excellent presentation & Attractive net return

The Golden Palms Motor Inn is an immaculately presented 4-star, 16 room motel complex and is now offered for sale as a freehold going concern.

This is an ideal opportunity for an experienced motelier to add a valuable property to their portfolio, with a maintainable net profit of $310,00.00+ per annum.

Located on Takalvan Street, the main road into Bundaberg city, the motel offers on-site under cover parking, a pristine outdoor family friendly pool with BBQ area, free guest laundry and Wi-Fi access.

The Golden Palms maintains strong forward bookings, has 48 solar panels installed with a complete roof replacement (2019), serviceable kitchen, two-bedroom managers accommodation and storage container.
The motel is approximately 2.5 km from the Bundaberg Airport, in close proximity to one of Bundaberg's largest shopping centres, Stocklands, the Bundaberg Recreational Precinct and sports clubs, all of which provide courtesy bus services.
Financials are available to prospective buyers upon the singing of a confidentiality agreement.

Although selling the freehold going concern is the owners preference, they will consider selling a 30 year lease only at $560,000 with annual rent of $125,000 plus GST plus Council rates and property insurance.

Disclaimer:
The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Any information of special interest should be obtained through independent verification.

Property ID: 503956146Last Updated: 11 Aug 2022

realcommercial.com.au logo
80 Takalvan Street
Bundaberg West, QLD 4670
CBD Realty - Bundaberg
GF, 2 Barolin Street
BUNDABERG CENTRAL, QLD 4670
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.