The complex was constructed 16 years ago by a group of partners who identified a rare and unique waterfront site on the mouth of the Normanton River, Karumba which leads out to the vast Gulf of Carpentaria.
The partners identified that Karumba was a go-to location for tourism, business, reps, and buses, yet there was not a 4 Star facility to cater to the upper end of the tourism market. After seeking approvals, and architect plans, the End of the Road was born.
The location is a true rarity, a waterfront location with flowing water. Passing by Barramundi have been caught off the front terrace!!
Once in situ buyers could be mistaken to have been on a tropical island in the Pacific. Palm trees, water, beautiful sunsets, and roaring 40’s cloud patterns. No need to imagine a tropical paradise! You can own it and live here at the End of the Road.
The End of the Road appeals to the nomadic adventurer, fisherman, business people, or family groups wanting some special time with the X factor.
Key Facts
* AREA OF LAND 5060m (more or less)
* LOCAL AUTHORITY Carpentaria Shire Council
* RATES $26,454.60
* INSURANCE $19,411
The freehold and business of the Motel Resort is offered for sale as a Going Concern (for the first time in 16 years) by Private Treaty.
The motel consists of 21 motel units on 5,000m2 of land with room for 10 more units (Subject to Council Approval) and a large inground saltwater pool.
2 x beachfront executive suites, very large 4 x 2 bedroom family units
4 x 1 bedroom units
11 x studio units including 2 disabled units
All plant and equipment required to run the motel including sheets and laundry.
A 40-plus seated outdoor café/restaurant on the deck that looks out over the water and famous evening sunsets. Full Restaurant Liquor License.
There is NO other tourist accommodation of similar quality in the Karumba area – NONE !!
The Resort has 50% forward bookings already well into 2024.
Comprehensive infrastructure in place with the 21 units, 40 x seat Café | Restaurant & Bar along with the guest barbecue and outdoor entertaining area for guests. There is also an additional vacant area in excess of 800m2 to build more units or an accommodation complex.
The location is perfectly strategically placed next to the Sunset Tavern, positioned well for the famous sunsets Karumba enjoys within an easy walk to the boat ramp.
The Local Shire Council is in the process of creating and completing a walkway along the waterfront which will complement the Café for strollers wanting a good coffee.
The Resort is literally on the water – you can hear the water lapping on the sand below the resort.
Being situated at Karumba Point, you are in the tourist sector of Karumba. Moments to the store, tavern, boat ramps, and fishing.
Karumba is a coastal town situated on the base of the Gulf of Carpentaria .... 2,159 km North West of Brisbane
756 km from Cairns via the Savannah Highway and 756 km to Mount Isa
Karumba is an iconic Australian destination known for its... Fishing | Cattle | Minerals | Diversity | Tourism
Karumba is on every traveler’s bucket list destination .... A real adventure playground!
The multi-award-winning Motel Resort is without any further explanation a very worthy unique property with many X factors for you to own – a motel with no limits and no boundaries for success.
The reasons to invest in this unique exceptional offering is only limited by your imagination – where else can you buy a parcel of waterfront income-producing property like this?
Unlike the East Coast motels, the End of the Road was oblivious to the effects of Covid ....... “Covid! What Covid” the vendor’s say!!
The figures are available to genuine purchasers. They can confirm the financial strength of the motel resort. The owners have run the motel under management for the 16 years they have owned it. In recent years the owners doubled the value of the business even more by creating a restuarant which is located on the beachfront, offering casual dining indulging on local seafood, tapas, flame grill and so much more.
The business enjoys a seven-figure turnover with profit to match, notwithstanding the business has been run under management since its inception. Ideally, the time has come for an owner/operator to take over and make the most of what this motel offers. Another unique point to consider is there are bookings already in place for 2024.
A business with pleasure ..... a business to own.
“I cannot emphasize enough this is one of the most unique motels I have ever sold. It has the X factor, unique, special, money maker, lifestyle, waterfront, superior, phenomenal.”
Let my enthusiasm be enough for you to decide to own this motel resort.:
1. 7-figure turnover with 6-figure net profit
2. 50% current bookings for 2024
3. Location- nothing to compare anywhere in Australia on the coast
4. Quality 4-star resort with room for expansion
5. Amazing financial figures to set you up financially for the future
6. Tourist boom for travelers….sleep, feed and water them onsite
7. This resort has always been under management….this offers you the opportunity for owner/operator.
8. Based on current financial figures this resort was virtually unaffected by Covid.
9. Asking NOW $2.5 million…..you could not establish this business at this cost.
We look forward to assisting you with further information,
Contact Kim P: 0402 400497 Or Andrew P: 0434 552550
Contact Kim P: 0402 400497 Or Andrew P: 0434 552550
E: This email address is being protected from spambots. You need JavaScript enabled to view it.
W: www.kkprestige.com
KK PRESTIGE PROPERTY
Off Market Specialists
Head office:
Shop 1030a, Australia Fair, 42 Marine Pde, Southport 4215 QLD