RARE 52-ROOM WORKER ACCOMMODATION Development IN KALGOORLIE | Resort Brokers ID : FH008190
Price On Application
Special Projects hospitality, Kalgoorlie WA
ResortBrokers presents The Porter Lodge, a unique investment opportunity in the heart of Kalgoorlie, WA.
With development approval for a 52-room modular motel, this property will be a welcome addition to the extremely tight worker accommodation market in Kalgoorlie. Situated on a large 2747m2 site near the bustling CBD, it offers high visibility and accessibility.
The Lodge currently generates a steady income of approximately $140,000 p.a. from existing tenants, which will provide excellent holding income prior to development.
The future development plans include manager's accommodation, on-site dining, and ample parking, enhancing guest experience.
Secure your foothold in the thriving Kalgoorlie market with this remarkable opportunity.
- Development approval secured for a 52-room modular motel, a unique feature in the market.
- Strategically located on a large 2747m2 property, just a stone's throw from the bustling Kalgoorlie CBD.
- Generates a steady income stream with a current passing rent of approximately $140,000 per annum from existing tenants.
- Development approval includes provisions for a manager's accommodation, on-site dining, and ample parking facilities, enhancing the guest experience.
- Inspection by appointment only.
Date updated: 21 Apr 2024 23:00:09
More Information
- Total Purchase Price: Price On Application
- Net Income: $ 0
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
This is the approximate number of years the business' revenue would pay for the business component.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Are there any set office hours stipulated in the contract?
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?