Beachfront Development Land for Sale 5,000m2 - Current 40 Motel Units & Restaurant Provide Fantastic Holding Income- Your Choice- Refurbish or Develop
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Huge 5,000m2 Redevelopment LAND Opportunity in Whyalla, South Australia. Perfect for Tourism/ Energy/ Manufacturing/ Marina/ Fishing/ Hotel/Residential Development
A once in 48 years opportunity for an astute developer to purchase an opportunistic acquisition and to own a spectacular waterside land parcel in Whyalla with breathtaking views of the Spencer Gulf and panoramic views across water to the lower Flinders Ranges.
This is one of the most desirable redevelopment sites in Australia. The views can never be built out and the site is perfect for a new hotel, convention centre and apartments or a combination of all of the above. This is a unique opportunity for an astute developer to set a new benchmark for accommodation in this fast-growing region.
The Foreshore Motor Inn occupies over 1 acre of prime CBD waterfront land surrounded by the manicured Ada Ryan botanical parklands and gardens. The waterfront views can never be built out. The motel is a going concern with a popular restaurant and commands prime beach position in Whyalla and offers second-to-none views amid tranquil surroundings.