OFF MARKET

2-3 Alstonia Drive
Nanum QLD 4874

Bedrooms: -
Bathrooms: -
Car spaces: 18
Land area: 2181m2
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Property Details for 2-3 Alstonia Dr, Nanum

Building Type
Commercial
Land Size
2181m2
Local Government
Weipa Town
Lot/Plan
1/SP217974

Last Listing description (July 2023)

Phone enquiries - please quote property ID 28732.

Golden opportunity to purchase a FREEHOLD or alternatively a LEASEHOLD Motel which is currently run under management, situated in the Cape York Peninsula, Qld. The motel has 10 guest rooms for long and short-term stays and a comfortable caretakers residence.

THE OWNER IS OFFERING A REAL PROFIT MAKING BUSINESS TURNING OVER UPWARDS OF $400,000 PER YEAR.

DETAILS:
* One title - total land 2181m2
* Two buildings. Building 1 is 216m2 and the second 324m2 a total of 540m2
* 10 guest rooms all spacious with full kitchens, separate dining areas, and bathrooms with showers.
* 18 Car parks - 14 undercover and 4 open
* Reception area
* Managers Residence consists of ALL THAT IS REQUIRED FOR A COMFORTABLE AIRCONDITIONED LIFE IN FABULOUS WEIPA.
* Lovely freshwater underground swimming pool
* BBQ area and gardens

LOCATION:
* Walking distance from the shopping centre, hospital, post office, chemist and bank
* Carpentaria Golf Club and Weipa Bowls Club within 5 minutes
* Lake Patricia within 5 minutes
* Gonbung Beach within 3 minutes
* Gulf Of Carpentaria beaches within 5 minutes

Beautiful attractions in the area include national parks, waterfalls, bird watching, river activities, Croc Spotting, Eco tours, Fishing charters, and glorious sunsets over Albatross Bay.

Nanum/Weipa is part of a sustainable coastal community of around 4,000 people. Close by is the settlement of Napranum of around 2000 residents. The area is rich in both natural beauty and cultural heritage with stunning beaches, unspoiled wilderness, and unrivaled fishing.

FURTHER POTENTIAL
* The business has been successfully run under management. New operator can choose to continue with the current manager or run the motel yourself. The motel can be easily run by one person and a casual called in when required. No food services required.

* Existing mining operations for bauxite will have life expectancies of between 50 and 100 years from now. The new mine costing billions of dollars alone has a life expectancy of over 40 years. Many private and government agencies are now located in Weipa/Nanum and will undoubtedly increase as the town continues to use extra services.

* Tourism to the region is expected to flourish as the remainder of the road from Cairns becomes completely sealed and weather resistant.

* Since Covid, Australians are now traveling within Australia more than ever and seeking beautiful locations like the Cape York Peninsula. It is a vibrant, prosperous community in one of the most remote but most beautiful places in Australia. Daily Air services at Weipa Airport ensures access for 12 months of the year.

PRICE & INCLUSIONS: NOTE this business is also available for lease. It currently averages a net profit of $200,000 per year. We offer a lease price and term that is fair and negotiable and should be noted that the cost of the build alone was around $1.8m + the cost of the land. Included in the transaction is infrastructure, fixtures fittings, domain names, memberships, and much more. You will require nothing to move straight in and start making a handsome profit. A full list of inclusions and financials can be provided to genuinely interested parties. Leasing agreement is also negotiable around terms and pricing. The lease includes all current reservations as well as social media interests and other requirements to run a successful business. The current owners are also offering a generous lease agreement that can be transferred to a future sale.

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

Property History for 2-3 Alstonia Dr, Nanum, QLD 4874

A timeline of how this property has performed in the market
  • 04 May 2022
    Listed for Sale Under Offer

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About Nanum 4874

The size of Nanum is approximately 2.2 square kilometres. It has 1 park. The population of Nanum in 2011 was 816 people. By 2016 the population was 908 showing a population growth of 11.3% in the area during that time. The predominant age group in Nanum is 0-9 years. Households in Nanum are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nanum work in a trades occupation. In 2011, 25.7% of the homes in Nanum were owner-occupied compared with 28.9% in 2016.

Nanum has 334 properties. Over the last 5 years, Houses in Nanum have seen a 54.39% increase in median value, while Units have seen a -17.05% decrease. As at 31 October 2024:

  • The median value for Houses in Nanum is $410,234 while the median value for Units is $312,066.
  • Houses have a median rent of $725 while Units have a median rent of $600.
There are currently 8 properties listed for sale, and no properties listed for rent in Nanum on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Nanum.

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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.