Coral Cay Resort Motor Inn - SOLD

CBRE Hotels were exclusively retained to present to the market Coral Cay Resort Motor Inn, Mackay, Queensland. The offering represents a genuine opportunity for the astute purchaser to acquire a freehold going concern property in one of the fastest growing regions in Australia. The 9,148sqm property features 82 well-appointed guest rooms, a three bedroom, two bathroom manager’s residence, meeting facilities and one of Mackay’s best restaurants. The property also features a tropical entertainment area complete with swimming pool, outdoor spa and barbecue area. The Mackay region’s growth is fuelled by the boom in the mining and gas industries, resurgence in agribusiness, growth in tourism and an emerging marine sector. The region hosts much of the engineering, manufacturing and mining services industries supporting the regional economy.