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  • Sold
‘New Chalon Cairns’ – Bursting with opportunity - #1
‘New Chalon Cairns’ – Bursting with opportunity - #2
‘New Chalon Cairns’ – Bursting with opportunity - #3
‘New Chalon Cairns’ – Bursting with opportunity - #4
‘New Chalon Cairns’ – Bursting with opportunity - #5
‘New Chalon Cairns’ – Bursting with opportunity - #6
‘New Chalon Cairns’ – Bursting with opportunity - #7

For Sale

$3,000,000 AUD

The ‘New Chalon Cairns’ is a clean and friendly motel offering affordable accommodation suited to couples, corporate travellers and families, in a convenient city fringe location.

The motel is developed on approximately 4,610m2 of land, with approximately 65m frontage to the Bruce Highway (via a service road). The existing improvements comprise of a 38 unit motel, manager's accommodation, high clearance porte-cochere, reception/guest lounge, licensed restaurant, and a large in-ground swimming pool with extensive tropical landscaping to the surrounding courtyard, pool amenities, guest laundry, house laundry, storerooms and administration areas, with covered car accommodation and extensive paved car parking and driveway areas.

The restaurant building is detached and single storey, with an indoor dining area, a commercial kitchen, separate bar area, toilet facilities and shower amenities. Extensive refurbishments completed in 2011 transformed this building into an upmarket Japanese Teppanyaki restaurant, featuring 5 unique teppanyaki bars (western style Japanese BBQ), in addition to conventional seating. The entrance to the restaurant is atrium in style, with large tinted windows flanking both sides of the building; providing plenty of natural light and pleasant views.

The adjoining vacant land, located at the rear of the property, is zoned appropriately for the expansion of the hotel, or alternatively suitable for independent development as residential apartments. The subject land comprises an approximate total area of 1,869m2, with approximately 25m frontage to Mintaro Crescent.

This opportunity offers a substantial existing footprint for astute and capable operators to reposition and secure a stronger hold in the motel accommodation market, with additional adjoining land, suitable for the expansion of the existing accommodation facilities of the motel, or to be developed as a standalone residential complex, to secure additional income from permanent rentals and/or an individual sale (subject to council approval).

The ‘New Chalon Cairns’ and adjoining land is offered for sale on an “as is, where is” walk-in, walk-out basis.

This established and operational freehold and business is offered for sale by Expressions of Interest, closing 4pm on Wednesday 26th March 2014 – unless sold prior.

To obtain the Information Memorandum or to arrange an inspection, contact Jay Beattie.

*approximate only.

Ref #: 500996067
  • 07/10/2014
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