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.
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
- The current lease term is long, with options to extend until 2051, providing stability and potential for long-term growth.
- The property is situated on a large 1.55 hectare lot, providing ample space for expansion and development.
- The hotel has a strong gaming revenue, with 15 poker machines generating high profits.
- The motel offers 36 low-set rooms, providing a comfortable and convenient stay for guests.
- The property has undercover parking, making it convenient for guests and providing potential for additional revenue.
- The recently renovated double-lane drive-through bottle shop is a popular feature, generating high turnover.
- The hotel offers a variety of dining options, including a public bar, bistro, and alfresco/beer garden.
- The conference/function rooms can accommodate up to 300 guests, providing potential for additional income.
- The property has a diverse income breakdown, with accommodation, bottle shop, gaming, restaurant, and bar revenues.
- The freehold option is available for negotiation, providing potential for long-term investment and ownership.
- The projected net profit for 2024/25 is $1,100,000, demonstrating the potential for high returns on investment.
- The property is listed with Tourism Brokers, a reputable agency with expertise in the hospitality industry.
- The property has a designated ID (142HL) for easy reference and identification.
- The property is listed under Property Code 5193, making it easy to locate and inquire about.
