Auction
+ 30

54 Yass Street, Gunning

Auction Sun 29th Nov at 11:30am

24 24 7,335m2

Auction details

Auction

Sunday 29 November, 11:30 AM

The Gunning Motel - 7,335sqm of potential

An exciting opportunity to secure a substantial motel property with plenty of scope to renovate, revitalise and unlock its full potential. For those with a hands on approach, this property offers an opportunity to enter the hospitality industry and shape its next chapter.

Set on a generous, approximately 7,335sqm block, this established motel premises offers 24 rooms in total, an on-site owner’s residence and a range of existing facilities, providing an excellent foundation for an owner-operator, investor or hospitality entrepreneur looking to take on their next project.

Of the 24 rooms, 13 are currently suitable for guest accommodation, while a further 11 require renovation following storm water damage. The property is being sold as is, giving you the chance to take the reins and progressively make improvements over time.

The property features a commercial kitchen with requires upgrade and dining room, offering exciting possibilities for a future restaurant or hospitality venture. With history as a popular restaurant in town, it is a good starting point for reestablishing a dining destination or exploring alternative uses, subject to relevant approvals.

Adding further scope is the onsite owners two bedroom residence, providing the convenience of living and working on the property, or providing incentives for a live in manager.

Gunning is a thriving historic township that enjoys a convenient position between Canberra and Sydney, with a local train station and easy access to the Hume Highway. The strategic location makes it an appealing destination for travellers, visitors and those seeking a quick stop or a longer, relaxed country experience. Gunning has seen significant growth over the last few years with many families making a tree change to enjoy a rural lifestyle while still enjoying an easy commute for shopping, education and other services.

• Opportunity to secure a motel with 24 rooms in total
• Approx. 7,335sqm block with on site owners residence
• Commercial kitchen and dining room with future potential
• Reception, shed, cool room and freezer
• Motel laundry and guest laundry facilities
• Opportunity for staged renovations and improvements
• 13 rooms currently suitable for guest accommodation
• 11 rooms requiring renovations following storm water damage
• Two bedroom, one bath owners quarters
• Great location between Canberra and Sydney
• Local train station, easy access to the Hume Highway

Details

Address 54 Yass Street, Gunning
Price Auction Sun 29th Nov at 11:30am
Property Type Residential
Property ID 335
Category Block Of Units
Land Area 7,335m2

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