Blackwater, Queensland
Substantial Leasehold Hotel Motel Opportunity - 142HL
LEASEHOLD $3,000,000
Business Description
- Located in Central Queensland.
- Current lease term to 2031 with options to 2051.
- 1.55 Ha.
- High performing gaming machines - 15 poker machines.
- 36 low-set motel rooms.
- Undercover parking.
- Double-lane drive-through bottle shop - recently renovated.
- Public bar, bistro and alfresco/beer garden.
- Conference/functions rooms for up to 300.
Departmental income Breakup:
Accommodation $800,000
Bottle shop Turnover $2,300,000
Gaming Net Revenue $800,000
Restaurant $1,700,000
Bars - $2,600,000
Freehold could be acquired subject to negotiation.
Adjusted Net Profit: $1,100,000 projected for 2024/25 (as provided by vendor)
Contact Tourism Brokers for further information or to arrange an inspection.
Property ID: 142HL (quote when enquiring)
Property Code: 5193
Business Summary
Key Investment Insights
1. Leasehold in Central Queensland, current lease to 2031 with tenant options extending to 2051.
2. Site area 1.55 hectares, substantial footprint for operations and potential expansion.
3. 36 low-set motel rooms, generating accommodation income of $800,000.
4. High-performing gaming offering, 15 poker machines delivering gaming net revenue of $800,000.
5. Bars are the largest trading department, producing $2,600,000 in revenue.
6. Double-lane drive-through bottle shop recently renovated, generating $2,300,000 turnover.
7. Restaurant revenue strong at $1,700,000, supporting diversified hospitality income.
8. Conference and function facilities accommodate up to 300 guests, enhancing events and group revenue potential.
9. Public bar, bistro and alfresco beer garden provide multiple trading areas and customer experiences.
10. Undercover parking included, improving guest convenience for motel and venue patrons.
11. Adjusted net profit projected at $1,100,000 for 2024/25, as provided by the vendor.
12. Freehold may be available for acquisition, subject to negotiation, offering potential for ownership transfer.
