Home› For Sale› QLD› Mandalay› Hotel, Motel, Pub & Leisure› Mandalay, QLD 4802
MANDALAY, QLD

Mandalay, QLD 4802

Hotel, Motel, Pub & Leisure, Development / Land, Other
For Sale
Expressions of Interest
12500 m²
Land area
1 m²
Floor area
20
Car spaces

Property Features

  • Expansive 1.25Ha Property
  • Optimise and Operate
  • Develop and Expand

First Time Ever Offered | 1.25 ha Coastal Holding | Motel + Townhouses + Exceptional Upside

Islands Inn 1.25 ha Coastal Development & Accommodation Opportunity

Land Size: 1.25 ha (12,500 sqm)
Zoning: Commercial (current) / Residential (development potential)

Key Investment Highlights
* Rare Large-Scale Coastal Parcel 1.25 ha holding in a highly constrained market where large serviced sites are now exceptionally scarce.
* Fully Serviced Power, water and sewerage all connected, significantly de-risking development potential.
* 30Kw Solar for reduce power bills and Bore water to maintain the extensive gardens
* Mixed-Use Asset Includes a 20-room motel, 8 permanent two-bedroom townhouses, on-site bar/restaurant shell, and managers residence.

  • Strong Upside for Operators & Developers Multiple value paths:
  • Operate & Optimize: Refurbish the rooms, improve amenities, deploy digital marketing, and lift occupancy / ADR
  • Refurbish Asset: Upgrade bathrooms, reconfigure interiors, re-activate food & beverage component
  • Redevelop / Rebuild: Utilise the large landholding to expand, densify, or build new accommodation or residential stock
  • Established Income Stream Motel plus consistent long-term rental from townhouses, with clear scope for rental uplift in the permanent housing component
  • Strategic Location Private sealed driveway off Shute Harbour Road; 3.5 km to Airlie Beach town centre; high visibility + high accessibility

Why This Property Matters Right Now
* Developer and investor appetite for coastal land in the Whitsundays is growing, while large greenfield sites are drying up. Islands Inn offers a rare chance to acquire a large, serviced coastal parcel with existing income and proven accommodation footprint something thats becoming near-impossible to find in this market.
* Savvy operators will immediately recognize the opportunity for a soft refurbishment to quickly capture upside. Developers or value-add investors can explore higher-yielding redevelopment, given the size and flexibility of the site.

Sale Method
Expressions of Interest
Submit your Expression of Interest now for this exceptional mixed-use opportunity that combines scale, operational capability, and development flexibility.

An Information Memorandum is available on request, covering: financials (as-is revenue), concept scenarios (refurbishment / redevelopment), and planning suggestions

Keep Reading for a Detailed Asset Overview

Islands Inn hits the market for the very first time since development by the current owners in 1987. Positioned on a substantial 1.25 ha coastal landholding, this property presents an exceptionally flexible opportunity for accommodation operators, value-add investors, and mixed-use or residential developers.

Located directly off Shute Harbour Road with private driveway access, the property sits just 1.5 km from Jubilee Pocket and 3.5 km from Airlie Beach town centre balancing visibility, convenience, and a peaceful, green outlook.

The Asset
Motel 20 Rooms
12 Double Rooms
8 Triple Rooms
Rooms are clean, functional, and generously proportioned. They would respond very well to a soft refurbishment (paint, flooring, furnishings) or a more comprehensive upgrade, including bathroom expansion.

Permanent Letting 8 Townhouses
4 2-bed, 2-bath
4 2-bed, 1-bath
All currently tenanted, with strong rental demand.
Similar 2-bed units in the area now achieve $750+ per week, highlighting clear upside from current rents.

Additional Improvements
Former restaurant & bar with commercial kitchen (not in operation)
Reception and on-site managers residence (3 bed, 2.5 bath)
Large open land areas suitable for future development or re-masterplanning
Ample on-site parking, easily accessible for coaches, boats, and guests

The Opportunity
With large serviced land sites around Airlie Beach extremely scarce, Islands Inn offers multiple pathways from Optimise & Operate, to Refurbish & Reposition or fully Redevelop on the expansie1.25 ha site and zoning for new accommodation, residential projects, or hybrid models

A motivated operator can materially increase turnover; a developer will recognise the long-term potential of a sizeable, well-located coastal landholding just minutes from Airlie Beach and Shute Harbour.

Contact
Joel McCartin
RAS360
*********
*********

Property Details

Property ID679706
Last updated26 March 2026
CategoryHotel, Motel, Pub & Leisure, Development / Land, Other
Land Area12500 m²
Floor Area1 m²
Open Car Spaces20
Building TypeWhole
Annual ReturnAsk agent
ZoningCommercial (development Zone Residential)
NABERS Rating5 Star

Location

MANDALAY QLD 4802
MANDALAY, QLD

Ras360

PO Box 19, Southport QLD 4215
Make an enquiry
Name (required)
Phone number e.g. 0400 000 000
Email address (required)
By sending this message, you agree to our Privacy Policy
Property ID: 679706
58 page views

Similar Properties You Might Like

Browse all properties →
For Sale
Huge Upside, Accommodation and Boutique Brewery - 2839MF
Stanthorpe, QLD 4380
1 m²
Hotel, Motel, Pub & Leisure
Reduced $4,300,000
For Sale
SUPERLATIVE BOUTIQUE LIFESTYLE ACCOMMODATION BUSINESS - 1015CPF
Tiaro, QLD 4650
1 m²
Hotel, Motel, Pub & Leisure
Freehold $2,300,000
For Sale
Beachside Holiday Management Rights with Flexibility to Reside Offsite
Mermaid Beach, QLD 4218
1 m²
Hotel, Motel, Pub & Leisure
$1,790,000