The Inland Oasis Motel in Mt Isa which is currently not trading has been placed on the market and will be taken to auction on 23 June. It is likely to attract an owner operator or investor seeking to capitalise on a repositioning, redevelopment or alternate use of the property.
The 55 room motel is positioned on the 7,388sqm site at 195 Barkly Highway, and is ideally located as the first accommodation on the northern entry from the airport into Mt Isa.
Neil Scanlan of Colliers International who is marketing the property has been appointed by Ann Fordyce and Nigel Markey acting as Receivers and Managers for Charlton Holdings (QLD) Pty Ltd (Receivers & Managers Appointed).
Mr Scanlan said: “This is a great opportunity to obtain a large motel with future development potential and is in an ideal location for both corporate and leisure travellers considering its proximity to the airport.”
The single level property offers 55 guest rooms, a 4 bedroom manager’s residence, a restaurant and bar and a swimming pool. All rooms include ensuites and feature double, triple and family room bedding as well as two bedroom apartments. Other facilities include commercial kitchen, guest laundry and reception and admin office.
The property is being offered for sale by auction on Wednesday 29 June at the Colliers International office on Level 30 at 111 Eagle Street in Brisbane.