Are you in the market for a Commercial/Residential property opportunity? Are you looking to invest in a blue-chip location, capitalising on strong returns whilst watching your capital investment grow? Well we have that very prospect on offer today and everyway you look at it, it screams opportunity!The Ringtail Motel located at 6 Pries Avenue is synonymous with Busselton's accommodation industry. It stands today as an up and coming busy place of accommodation centrally located and ideal for the tourist and corporate sector to base in the heart of this beautiful town.Over the past 18 months the Motel has come to life with a fresh and tasteful refurbishment of the rooms and grounds, transforming its previously original decor into a stylish and sophisticated experience.On offer is a freehold buying opportunity of a grand 4048 sqm's of land with a versatile zoning of R-AC3 mixed used development. This allows for future development of up to 3 storeys (STCA) and a height limit of 12m. Included in the purchase is the Motel business optioned for a lease back to the current site manager or a walk in walk out as part of the property purchase. This means no strings attached or complicated contracts making it easy for a future developer or investor to buy with absolute confidence. Motel features include:- 15 completely refurbished motel rooms- 28 updated back packer beds - Refurbished backpacker kitchen with all new appliances and fittings.- A further 10 back packer beds in original condition- 12 rooms on the northern side facing Bussell Hwy- A prime exposure commercial site (approx. 600m2) neighboring MacDonald's and BP.- Swimming Pool (approx. 18m in length)This entire site has a greater advantage in that is multi titled over 2 lots of near on equal proportions (approx. 2000m2) allowing the buyer to split the land without with considerable ease should development design suit 2 smaller parcels. A very exciting and versatile investment to add to your portfolio with endless options. This property could be adapted to suit most commercial business whilst holding a residential aspect. Make your stake on Busselton's booming market and take advantage of this rare opportunity.
For an instant quote get in touch with our team at LJ Hooker Settlements, one of Perth's most trusted settlement agencies, to see how they can assist with your property settlement.
