SubscribeContact

MULTI-AWARD WINNING UNDERGROUND MOTEL IN COOBER PEDY

Resortbrokers is delighted to bring to market a brand new 25-year leasehold motel, offering 16 underground rooms in the heart of Central Australia.

Resortbrokers is delighted to bring to market a brand new 25-year leasehold motel, offering 16 underground rooms in the heart of Central Australia. Featuring 16 rooms, this motel is a unique landmark, built within and around an original opal mine, with opal still visible in the walls. A favourite among both holidaymakers and corporate travellers, it also boasts the only underground function and conference room in Coober Pedy, accommodating up to 80 guests. Running at 65% occupancy, the motel caters to a diverse range of guests, offering multiple room configurations. There is an opportunity for expansion with nine additional underground rooms already carved out. Currently run under management by the freehold owners, the property offers significant upside for hands-on operators looking to take full advantage of its potential An adjacent two-bedroom dugout owner’s residence enhances operational efficiency and lifestyle for the purchaser.

Net profit
$730K
Asking price
Asking price
$730K
Leasehold

The business at a glance.

  • Consistent performance and strong average occupancy of 65%
  • Brand new 25-year lease term
  • Iconic outback location in the heart of Coober Pedy, built within an original opal mine with opal still visible in the walls
  • Multi-award-winning business with a unique underground guest experience
  • Strong repeat clientele and solid mix of corporate and leisure travellers
  • Exclusive underground function and conference centre up to 80 guests
  • Additional income streams from gift store and opal shop
  • Secure 25-year lease with a five-year term plus 4 x five-year options
  • Inspections are by appointment only
MULTI-AWARD WINNING UNDERGROUND MOTEL IN COOBER PEDY

Coober Pedy, SA

Coober Pedy, SA

Talk to the broker.

Enquire about this property
Kelli Crouch

Kelli Crouch

Senior Specialist Accommodation Broker, South Australia & Northern Territory

0410 441 750
08 8356 5057

Contact

Enquire about this property.

Leave your details and Kelli will be in touch about this property.

Your Details

Enquiry

Run the numbers yourself.

Same model our brokers use to appraise. Adjust net profit, multiplier, real estate component. The result is indicative — independent appraisal available on request.

Request appraisal

Indicative total$730,000

Receive New Listing Alerts

By subscribing you agree with our Privacy Policy