Central Accommodation with Excellent Expansion Options
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137 Cathedral Ave, Geraldton WA 6530

$2,800,000

HotelSize: n/a
Block size: 5017 m² approx.
Sails Motel presents an exceptional opportunity for a buyer with an eye to expanding for the future or a company keen to secure a central location for staff accommodation with room to park up numerous work vehicles.
• Cathedral Avenue is the main road into Geraldton.
• 1200 metres to the foreshore.
• Both major hospitals and numerous schools are close by.
• 23 bedrooms and 22 bathrooms.
• Below Ground Pool, Reception and Laundry.
• Communal Kitchen.
• 5017m2 block size of which over half is available for vehicle parking.
• 2000m2 building footprint of which 1000m2 is not used. (approximately)

This is a rare find in the centre of Geraldton. The income derived from the current business is excellent however, the real potential here lies in the eventual expansion and use of the land. If you are a company looking to house staff, this would be equivalent to almost 6 x 4 bedroom homes plus you get the exceptional benefits of all the extra land.

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Contact Henry Vantiel to learn more about this property, request an inspection or take an online tour.

Key details

Garage Spaces:
22
Property type:
Hotel
Block Size:
5017 *

Other Details

Ray White Geraldton

Maps and area information

Block information
Block size: 5017 (approx)
Block Map
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
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Property history

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Geraldton suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
49 years
Population
3,246
Listing ID: 182386163. This listing has been viewed 0 times. It was first displayed on 19/03/2024 and last updated on 20/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.