Biloela, Queensland
HIGH YIELD LEASEHOLD BILOELA QLD - 2094ML
UNDER CONTRACT
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
Key Investment Insights
1. High-profile edge of CBD location in Biloela, offering strong visibility and accessibility.
2. 29-unit motel, providing scale for consistent revenue generation.
3. Leasehold with 29 years remaining from February 2025, indicating long-term operational security.
4. Vendor-stated Adjusted Net Profit of $620,878 for 2024/25, demonstrating strong trading results.
5. High demand for accommodation in Biloela at an all-time high, forecast to continue for the next 10 years.
6. Five major wind farms planned for construction locally over the next 10 years, driving sustained demand and accommodation shortfall.
7. Existing corporate contracts occupying the majority of rooms nightly, supplying solid bookings for the next 12 months and beyond.
8. Licensed restaurant with private bar area included, currently closed, representing upside potential if reopened.
9. Well maintained and refurbished over the last 10 years, with upgraded bathrooms, repainting, new carpet, replacement furniture, new televisions and many new A/C units.
10. On-site three-bedroom manager’s residence, inground pool and barbeque area, supporting operational convenience and guest amenity.
11. Low rent ratio relative to industry averages, delivering a high net return on investment and suitability for owners or investors.
