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633

Management Rights
For Sale

63

Motels / Hotels
For Sale

10

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For Sale

858

Investment Property
For Sale

  • hospitality Wide Bay
  • hospitality Wide Bay
  • Listing Photograph
  • Listing Photograph

Cannot find what you’re looking for in today’s market then, Build Your Own! | Resort Brokers ID : FH008480

$790,000 + GST if applicable

Special Projects hospitality, MILLBANK QLD

This high-exposure 1,966m freehold development site offers a unique investment opportunity. Positioned on the main arterial route into Bundaberg City, 55 Takalvan Street, Bundaberg - Prime Development Opportunity, the site boasts excellent visibility and access, making it ideal for commercial or mixed-use development. Zoned as a Specialised Centre, the property allows for a variety of future uses, with further zoning details available from the council.

A significant advantage is the transferable council credit for headworks, along with an active DA (Development Approval) valid until mid-2026 for a 33-room motel. Full plans are ready, and the site is cleared for immediate development. Convenient dual street access from both Takalvan and Johnston Streets enhances its operational potential.

This is a rare opportunity to secure a well-positioned development site in a high-growth area.

Key Features:

- Prime Location: High-visibility site on Bundaberg’s main route, 370km from Brisbane.
- Ample Frontage: 25.1m on Takalvan Street and 28.1m on Johnston Street.
- Development Ready: DA-approved for a 33-room motel, with transferable headworks credits.
- Zoning Flexibility: Specialised Centre zoning supports diverse development opportunities.
- Strategic Neighbours: Near Hungry Jacks and Woolworths Caltex, benefiting from strong traffic flow.
- Parking& Access: Ample on-street parking and dual street access for enhanced convenience.
Date updated: 04 May 2025 23:00:02

More Information

Financial Overview

  • Total Purchase Price: $790,000 + GST if applicable
  • 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.

Letting Business

  • Letting Pool: TBC
    Number of units the manager is authorised to manage.
  • Owner Occupiers: 0
    Number of units resided in by their owners.
  • Lock Ups: 0
    Number of units owners are not renting out, but also do not live in.
  • Outside Agents: 0
    Number of units being rented by other agents (these could potentially be acquired by the manager).
  • Units In Complex: TBC
    The total number of units within the complex.
  • Caretaking

  • Remuneration: $ 0
    This is the body corporate caretaker salary. It is included in the Net Income above.
  • Agreement Term: 0 years
    How long is the caretaking contract.
  • Agreement Remaining: 0 years
    How long remains on the caretaking contract before it must be renewed?
  • Agreement Age: 0 years
    How long has the management rights existed.
  • Obligatory Office Hours:
    Are there any set office hours stipulated in the contract?
  • Real Estate Component

  • Manager's Unit:   0 0
  • Included Real Estate: $ 0
    The value of on-title property included with the business. Its price is included in the Total Purchase Price.
  • Manager's Car Spaces: 0
  • Office On Title: 0
    Is there a manager's office included on the title?
  • Pets:
    Can the manager own a pet on site?
  • Location

  • Address: MILLBANK QLD
  • Listing Agent Contact Details

    %2Fusers%2Flogo_754806%2F1.jpg Click here to view full profile for: Resort Brokers

    Portrait

    David Faiers

    Office : 1300 665 ...
    Mobile : 0432 766 ...

    Resort Brokers

    http://www.resortbrokers.com.au


    Send an Email:


    Similar Properties

    Listing Photograph $790,000 + GST if applicable
    hospitality MILLBANK

    Special Projects Hospitality

    Millbank, Wide Bay
    • Property ID: 21141137
    • Broker's Ref: FH008480
    • =754806
    • Last Update: 7 months ago.
    • Listing Type: Special Projects
    • Price: $790,000 + GST if applicable
    • MILLBANK, QLD

    Agent Details

    %2Fusers%2Flogo_754806%2F1.jpg Click here to view full profile for: Resort Brokers

    Portrait

    David Faiers

    Office : 1300 665 ...
    Mobile : 0432 766 ...

    Resort Brokers

    http://www.resortbrokers.com.au


    Send an Email:


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    • Net Income: $ 173,492 (actual)
    • Remuneration: $ 57,151
    • Letting Pool: 12
    • Manager's Estate (incl): $ 950,000   2   1     Pet Friendly
    Listing Photograph Listing Photograph Listing Photograph

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