Mt Isa’s Inland Oasis Motel passed at auction, back on the market

Mt Isa’s Inland Oasis Motel passed at auction, back on the market
Prateek ChatterjeeSeptember 26, 2016

The Inland Oasis Motel in Queensland’s Mt Isa is back on the market with price expectations of $1.1 million after failing to sell at auction earlier.

The 55-room motel at 195 Barkly Highway sits on a 7,388 sqm site, and is the first accommodation on the northern entry from the airport into Mt Isa.

All the rooms are ensuite and there is a bar and swimming pool as well. There is also a four-bedroom manager’s residence. 

Neil Scanlan of Colliers International is the listing agent.

The property went to auction in June after not finding a buyer, it was under contract by a local purchase. It failed to settle and has been put back on the market, according to Scanlan.

According to the description, the property is likely to attract an owner operator or investor seeking to capitalise on a repositioning, redevelopment or alternate use of the property.

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