Biloela, Queensland

HIGH YIELD LEASEHOLD BILOELA QLD - 2094ML

SOLD

Business Description

- 29 unit motel with strong trading results.

- High profile location on the edge of CBD.

- 29 years remaining on the lease from February 2025.

- Licensed restaurant with private bar area (currently closed).

- Accommodation in Biloela at an all-time high. To continue for the next 10 years.

- Well maintained motel with renovations and upgrades over the last 10 years.

- Three bedroom manager’s residence, inground pool, barbeque area.

- Ideal business for owners or investors alike.

- High net return on investment.

- Rent ratio well below industry averages.

On offer is a very busy 29-unit motel in Biloela, where demand for accommodation is at an all-time high and will continue for the next 10 years.

Currently the motel has bookings with a number of companies taking the majority of the motel rooms nightly. These contracts provide solid bookings for the next 12 months and beyond.

Biloela has five major wind farms planned for construction over the next 10 years and local council planning is indicating a shortfall of accommodation throughout the town and region.

The motel was refurbished over the last 10 years with all bathrooms upgraded, rooms repainted, new carpet and replacement of all furniture. In recent years all televisions and many A/C units have been replaced.

Adjusted Net Profit: $620,878 for 2024/25 (as provided by vendor)

Contact Richard O'Connell from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2094ML (quote when enquiring)

Property Code: 5250

Business Summary

Marketing Agent

Richard O'Connell

0477 01....

Tourism Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. 29-unit motel with strong trading results, adjusted net profit $620,878 for 2024/25 as provided by vendor.
2. Long secure lease term, 29 years remaining from February 2025.
3. High profile edge-of-CBD location, enhancing visibility and walkability to town services.
4. Accommodation demand at an all-time high in Biloela, projected to continue for the next 10 years.
5. Multiple corporate contracts providing majority nightly bookings, delivering solid forward occupancy for 12 months and beyond.
6. Local pipeline of five major wind farms over the next 10 years, plus council planning indicating regional accommodation shortfall, supporting sustained demand.
7. Licensed restaurant with private bar area included, offering revenue diversification although currently closed.
8. Recent capital improvements over the last 10 years, including upgraded bathrooms, repainting, new carpet, replacement furniture, new televisions and many new air-conditioning units, indicating well maintained asset.
9. On-site three-bedroom manager’s residence, supporting onsite management and operational flexibility.
10. Guest amenities include inground pool and barbeque area, enhancing guest appeal and length-of-stay potential.
11. Attractive investment metrics, described as high net return on investment with rent ratio well below industry averages.
12. Marketable to both owner-operators and passive investors, reflecting operational viability and investor appeal.