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Hotel/Leisure for Sale

137 Cathedral Avenue Geraldton, WA 6530

$2,800,000Play Video
  • Building: 2,000m²
  • Land: 5,017m²

Contact the agent if you'd like further information.

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Hotel/Leisure for Sale in Geraldton

Central Accommodation with Excellent Expansion Options

  • Building: 2,000m²
  • Land: 5,017m²

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)
• Video clip available of the property upon request

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.

Building:

2,000m²

Land:

5,017m² / 1.24 acres

Tenancy:

Vacant

137 Cathedral Avenue, Geraldton, WA 6530
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