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MULTI-AWARD WINNING UNDERGROUND MOTEL IN COOBER PEDY | Resort Brokers ID : LH008995
$730,000 plus stock
Motel (Leasehold) hospitality, COOBER PEDY SA
Resortbrokers is delighted to bring to market a brand new 25-year leasehold motel, offering 16 underground rooms in the heart of Central Australia.
Featuring 16 rooms, this motel is a unique landmark, built within and around an original opal mine, with opal still visible in the walls. A favourite among both holidaymakers and corporate travellers, it also boasts the only underground function and conference room in Coober Pedy, accommodating up to 80 guests.
Running at 65% occupancy, the motel caters to a diverse range of guests, offering multiple room configurations. There is an opportunity for expansion with nine additional underground rooms already carved out. Currently run under management by the freehold owners, the property offers significant upside for hands-on operators looking to take full advantage of its potential
An adjacent two-bedroom dugout owners residence enhances operational efficiency and lifestyle for the purchaser.
- Consistent performance and strong average occupancy of 65%
- Brand new 25-year lease term
- Iconic outback location in the heart of Coober Pedy, built within an original opal mine with opal still visible in the walls
- Multi-award-winning business with a unique underground guest experience
- Strong repeat clientele and solid mix of corporate and leisure travellers
- Exclusive underground function and conference centre up to 80 guests
- Additional income streams from gift store and opal shop
- Secure 25-year lease with a five-year term plus 4 x five-year options
- Inspections are by appointment only
Date updated: 02 Dec 2025 22:00:02
More Information
- Total Purchase Price: $730,000 plus stock
- Net Income: $ 0
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