ABSOLUTE WATERFRONT - MASSIVE PRICE REDUCTION

The Phone Code for this property is: 84846. Please quote this number when phoning or texting.

Steeped in history, this property was built in 1938 in the design of a South African hunting lodge.
It has 10-12 room all with ensuites (under renovation), located in the heart of Karumba in Queensland's Gulf Country.

The property has a current development approval for two potential uses:
- Motel (including a restaurant);
- Minor tourism accommodation for up to twenty people
OR
Convert into a Luxury waterfront home or holiday home.
LOCATION
The property is located at 36 Yappar Street Karumba -
- Frontage to Norman River;
- in the heart of Karumba township;
- very close to the boat ramp;
- close to town's shopping centre, including bakery and café;
- next door to the Karumba Lodge Hotel, so drinks and meals are within 50 metres;
- just up the road from the new world class Barramundi Discovery Centre that will be a major national and international tourist drawcard;
- on the doorstep of Delta Downs which is developing its potential for indigenous and nature-based tourism;
- close to Centerary Zinc port operation that has recently re-opened

The massive deck overlooking the Norman River has spectacular views up and down the river and is a perfect spot to enjoy Karumba's famous sunsets in private.

BUSINESS POTENTIAL

While the approved uses have not commenced, the approvals have cut the red tape and will allow a smart investor to commence operating relatively quickly to begin getting a return on the investment.

The approved site plan also allows for the construction of additional buildings/rooms on the lot, subject to the normal building application process.
Potential uses:
- Combining accommodation with a fishing charter business
- The Lodge could be operated as a B&B, a motel with or without a restaurant, a holiday home or luxury home with the best views in town.

There are incredible opportunities for both tourism and business travel accommodation. Government staff regularly visit Karumba and there is a real need for suitable accommodation.

Please contact agent for more details or a copy of the Information Memorandum.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.