Substantial Leasehold Hotel Motel Opportunity - 142HL

Key Investment Insights

1. Long leasehold security, current lease to 2031 with options extending to 2051, offering long-term operational continuity.
2. Projected adjusted net profit of $1.1 million for 2024/25, as provided by the vendor.
3. Strong departmental revenue mix, with bars $2.6 million, bottle shop turnover $2.3 million, restaurant $1.7 million, accommodation $800,000, and gaming net revenue $800,000.
4. High-performing gaming offering, 15 poker machines generating $800,000 net revenue.
5. Large site footprint of 1.55 hectares, supporting on-site parking, outdoor amenity and future expansion potential.
6. Accommodation capacity of 36 low-set motel rooms, contributing $800,000 in accommodation revenue.
7. Recently renovated double-lane drive-through bottle shop, driving significant retail turnover.
8. Diverse hospitality facilities, including public bar, bistro, alfresco beer garden, and a restaurant contributing $1.7 million.
9. Significant events capability, with conference and function rooms suitable for up to 300 guests.
10. Practical operational features, including undercover parking and drive-through retail, enhancing guest convenience and throughput.
11. Located in Central Queensland, implying regional market capture and potential for tourism and local patronage.
12. Freehold acquisition possible subject to negotiation, offering potential to convert leasehold to freehold ownership.