PURCHASE AT COST PRICE OR BUY INDIVIDUAL LOTS - 2612DS
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(no street name provided), Wandoan QLD 4419

PRICE SLASHED $800,000

Commercial LandSize: n/a
Block size: 3458 m² approx.
Opportunity to secure some prime property, strategically positioned amongst billions of dollars of infrastructure. Build with the market in mind and generate significant returns.

Development approved sites for 58 rooms consisting of:

- 8 North St Wandoan 16 rooms- made up of 6 x 2 bedroom superior ensuited apartments and 1 x 4 bedroom superior apartment with 2 bathrooms and three toilets servicing the unit. Total Rooms 16.

- 1 North St Wandoan 14 rooms made up of 5 x 2 bedroom superior ensuited apartments and 1 x 4 bedroom superior apartment with 2 bathrooms and three toilets servicing the unit. Total Rooms 14.

- 3 Weldon St Wandoan 14 rooms made up of 5 x 2 bedroom executive ensuited apartments and 1 x 4 bedroom superior apartment with 2 bathrooms and three toilets servicing the unit. Total Rooms 14.

- 7 East St Wandoan 14 rooms made up of 5 x 2 bedroom superior ensuited apartments and 1 x 4 bedroom superior apartment with 2 bathrooms and three toilets servicing the unit. Total rooms 14.

The idea behind the development approvals is noted below:

1. Use the 58 rooms as an independent business to fulfil accommodation shortage.

2. Use the 58 rooms as an extension of a local motel or camp in town to fulfil accommodation shortage.

3. Offer accommodation to people/companies who don't necessarily want all their staff/executives to stay in a motel/camp.

In terms of what is currently on each site please note the following:

1. Individaul Price: $150,000 - 8 North St (1,012m2 site) Block of land

2. Individaul Price: $300,000 - 1 North St (801m2 site) 5 bedroom renovated and furnished house Currently tenanted for $260 per week.

3. Individaul Price: $325,000 - 3 Weldon St (809m2 site) 3 bedroom renovated and furnished house Currently tenanted at $210 per week.

4. Individaul Price: $275,000 - 7 East St (836m2 site) 3 bedroom renovated and furnished house Currently tenanted at $250 per week.

Detailed documentation on each property includes:

1. 3D Renders for the proposed development

2. Building Files

3. Current property images

4. Development Approval & Extension documents

Package all four lots for sale together for $800,000 or purchase as individual lots.

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2612DS (quote when enquiring)

Property Code: 3424

Inspections

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Key details

Property type:
Commercial Land
Block Size:
3458 *

Other Details

Tourism Brokers

Property history

We couldn't find any history for this property.
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Wandoan suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
31 years
Population
666
Listing ID: 181021988. This listing has been viewed 3 times. It was first displayed on 02/10/2022 and last updated on 04/03/2024.
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.