Buy ‘The Block’: Hotels and motels for sale
Looking for your own motel renovation project after feeling inspired by this year’s contestants on The Block taking on the challenge of overhauling a rundown resort into luxury holiday homes?
Opportunities abound for savvy buyers with a wide array of hotels and motels currently for sale waiting for a new lease of life and a fresh vision.
Or if you prefer a new venture where the hard work has already been taken care of, there are many businesses simply awaiting a new owner to come along.
From historical buildings in Tasmania, to luxury offerings in Queensland, to a century old abode in Victoria, here are seven of the best listings on offer across the country.
Beachside resort up for grabs
Pacific Palms Resort
2 Lakeside Crescent, Elizabeth Beach, New South Wales
The entire resort at Elizabeth Beach is for sale. Picture: realcommercial.com.au/buy
An entire resort of 27 holiday units at Pacific Palms Resort in New South Wales’ mid north coast could be yours for a cool circa $8 million.
Located a short stroll from Elizabeth Beach and about 150kms to the domestic airport, the resort includes a tennis court, gym, playground and pools.
Featuring a combination of one, two and three bedroom units, it is set on an 11,100sqm site.
Hospitality venture or terrace houses?
Portsea
54-62 Montpelier Retreat, Battery Point, Tasmania
With five self-contained units, this building is a ready-made ‘Block’. Picture: realcommercial.com.au/buy
Somewhat like The Block, this property presents an opportunity to continue running it as a hospitality venture, or return it to its former glory by creating five terrace homes.
Known as Portsea Place, the 11 self-contained apartment complex at 4-62 Montpelier Retreat, Battery Point, Tasmania is set in the heart of the inner-city village of Battery Point, in Hobart’s waterfront entertainment strip of Salamanca.
The former worker’s cottages could be transformed into holiday accommodation or terrace homes. Picture: realcommercial.com.au/buy
Built in the mid 19th century as a place of residence for workers in Hobart’s waterfront industries, Portsea offers 719sqm of floor space, ten car spaces all within a stone’s throw of the CBD.
The Expression of Interest campaign to buy Portsea Place closes September 12.
Picture perfect events venue
Kwila Lodge
5 Boomerang Road, Mudgeeraba, Queensland
The property had a complete transformation. Picture: realcommercial.com.au/buy
A recent $2 million plus refurbishment has transformed this historic Queensland residence into a five-star event and accommodation, known as Kwila Lodge.
Located at 5 Boomerang Road, Mudgeeraba on a 16,200sqm landholding, the freehold property includes an original 1923 homestead and function room, as well as a commercial bar and kitchen, plus self-contained lodges.
One of the self-contained lodges at Kwila Lodge. Picture: realcommercial.com.au/buy
It’s listing states the sale comes with “a guaranteed income stream by way of a signed 10-year lease with a highly reputable tenant.”
Other features include a picturesque bushland and manicured gardens surrounds, as well as a rural zoning with approval in place to operate as a tourist facility, in addition to development approvals to expand the accommodation.
The Expressions of Interest campaign to purchase Kwila Lodge closes this week.
Step back in time
Taralye Retreat
40 Olinda-Monbulk rd, Olinda, Victoria
The Olinda property has heritage features. Picture: realcommercial.com.au/buy
With a listing stating this 100-year-old plus property is a “canvas for your love and a sanctuary for your soul,” the Taralye Retreat in Olinda offers heritage charm and potential.
It includes 10 bedrooms and five bathrooms, across 12,000sqm in Victoria’s Dandenong Ranges.
It has potential to be a wedding or function venue. Picture: realcommercial.com.au/buy
The property features a natural spring, and could be a wedding reception venue or art gallery studio.
It is listed for sale for $1,290,000.
Tudor charm within tourist hub
The Fox and Hounds Historic Hotel
6789 Arthur Highway, Port Arthur, Tasmania
The hotel has Tudor inspired architecture. Picture: realcommercial.com.au/buy
A major refurbishment of this historic Tudor style, oceanfront hotel was completed last year and the freehold and business is for sale via an offers campaign in excess of $6.7 million.
The Fox and Hounds Historic Hotel is set on sprawling 6.46ha landholding, and includes 27 motel rooms, 11 apartments, staff quarters, a tavern, restaurant and drive-in bottle shop.
Its 27 rooms have been refurbished. Picture: realcommercial.com.au/buy
Positioned within a strong tourist precinct, the hotel is near the Port Arthur historic site, the Three Capes Track, as well as the Pennicott Wilderness Journeys.
Retro ready
The Shore Motel
A classic retro motel in South Australia is for sale. Picture: realcommercial.com.au/buy
All the hard renovation work has been done at The Shore Motel Milang, which has reopened as a boutique, retro-style motel, 75km from Adelaide.
Listed for sale via an Expressions of Interest campaign for a new operator to purchase a long-term 25-year lease, the hotel features 12 rooms, as well as a three bedroom renovated guest residence.
Opportunities abound
The Polish Place
333 Main Western Road, Tamborine Mountain, Queensland
After 40 years, The Polish Place is being sold. Picture: realcommercial.com.au/buy
Set to go under the hammer next month, multiple income streams at this award-winning establishment are on offer.
The lifestyle, hospitality and tourist accommodation opportunity is being sold as a freehold property and spans two land titles.
The Queensland property has expansive views. Picture: realcommercial.com.au/buy
After four decades of ownership, the owners are retiring, and the sale includes five self-contained mountain chalets, a restaurant/event space and a private three bedroom main residence.
Described in its listing as a “golden opportunity to purchase one of Tamborine Mountain’s finest real estate assets,” the property is located one hour from Brisbane and the Gold Coast.
