Ayr, Queensland

78HF - BARGAIN FREEHOLD HOTEL ACCOMODATION WITH LOADS OF POTENTIAL

FREEHOLD $899,000

Property Description

There comes a time when a Hotel needs a new direction and to redesign itself.

This strategically located regional hotel on 1,671 m2 of freehold property has two street accesses off the Bruce Highway and MacMillan Street in the centre of Ayr and is ready be reimagined.

This historic hotel would suit an operator ready to transform the property to a more up market venue based around accommodation, dining and small cafe.

This spacious hotel has loads of potential including a variety of accommodation and amenities within walking distance to everything.

An enormous public bar, private and lounge bars, games room, multi-use beer garden, restaurant and breakfast rooms, commercial kitchen, manager’s residence, reception, storage, laundry, carpark and drive through, this property has it all.

At $899,000 for the entire Freehold with 22 rooms with the potential to earn $250 a week, makes this Hotel a bargain for those who have vision.

Do the Sums, 22 rooms @ $250 Long Stay per week, $5,500 PW, $286,000 at 60% margin, gives you $171,000 potential from accommodation alone, representing 19% on Freehold price.

The property has scope to downsize the Bar and Bistro area, increase the number of accommodation rooms, and ideally target for Farm Stay accommodation, room for an outdoor entertainment and pool area will convert this to one of the best inner-city hotels on the market.

Currently operated by an elderly lady (wishing to retire) with two support staff, an urgent and motivated seller awaits.

Net Profit: 3 Year Average of $115,000

Contact Antonio Curulli from Tourism Brokers for further information or to arrange an inspection.

Property ID: 78HF (quote when enquiring)

Property Code: 3765

Property Summary

Hotel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -
Marketing Agent
Antonio Curulli
Antonio Curulli

Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Properties

You may also like

Highly Motivated Vendor - All Serious Offers Considered - 1P4350
CRE Brokers
Highly Motivated Vendor - All Serious...

HOME HILL

FHGC $950,000 Neg.

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

Business For Sale - Large Varsity Lakes Permanent - ID 8941 H
FREEHOLD CARAVAN PARK IN NORTH WEST QLD OFFERED WITH RETURN OF OVER 16%
2667ML - A GREAT SIZE MOTEL WHERE NUMBER OF ROOMS IS KING
2404ML - A SMALL PRICE TO START YOUR MOTEL CAREER
1114ML - BLUE CHIP WATERFRONT BOUTIQUE LEASEHOLD HOTEL
CRACKING LITTLE BEACH SIDE LIFESTYLE BUSINESS - INSPECT NOW | Resort Brokers ID : MR006818
Secure your financial future lifestyle with this absolute beachfront MR | Resort Brokers ID : MR006916
The Stunning Port O Call Motel - 1P5347M
2610MF - A SOLID PERFORMER IN A THRIVING TOWN
Hervey Bay Holiday complex
2667MI - A SOLID PASSIVE INVESTMENT OPPORTUNITY THAT WON’T LAST LONG
Secure a business with booming increased tourism & future projects planned | Resort Brokers ID : LH006902
Idyllic waterfront caravan park on the NSW South Coast  | Resort Brokers ID : FH006702
Freehold business to operate now with potential future development  | Resort Brokers ID : FH006903
MAGIC MID NORTH COAST NSW MANAGEMENT RIGHTS
Large Remuneration, Big Nett Permanent Business - Priced to Sell!
RENOVATED LEASEHOLD MOTEL NORTH QLD.
Blue sky opportunity, and we are not talking about the weather | Resort Brokers ID : MR006892