55-59 Herbert Street, Bowen, Queensland
UNDER CONTRACT - Original North Australian Hotel Motel, Bowen QLD - 1P0427
Freehold Going Concern - Offers over $1,800,000
Business Description
Amazingly presented fully refurbished hotel and motel perfectly located on a premier corner location in one of the best kept secrets in Queensland!
This establishment has a lot of history and the current owners have spared no expense completely renovating this extraordinary property throughout.
Offering 18 well patronaged, well-presented motel rooms combined with a beautifully set up hotel with huge commercial kitchen that chefs would salivate to work in.
This could be owner operated, run under management or leased out giving new owners a lot of opportunity and flexibility.
This amazing opportunity invites people to give an Expression of Interest, DO NOT MISS THIS ONE!
Key Features:
* Fully renovated – nothing to spend
* Brand new huge commercial kitchen
* 18 x beautifully presented motel rooms
* Great exposure on busy corner site
* Huge opportunity for growth on the back of all the hard work already done
* 270 x solar panels installed in 2023
* Land 1,457m2 (approx.) - Zoning GO5 commercial
Freehold properties with this much potential are so very hard to come by.
Book your inspection of this remarkable property without delay!
For more information or to make an enquiry, contact Alex Stagg direct on ---------- or contact the MHB Office on ---------- .
Business Summary
Other Features / Notes
FREEHOLD GOING CONCERN, Hotel, Motel, QLD - North East, Under Contract
Key Investment Insights
1. Property under contract, indicating current buyer interest and market traction.
2. Fully refurbished throughout, described as nothing to spend, reducing immediate capital expenditure.
3. Freehold going concern, offering ownership of land and business continuity.
4. Combined hotel and motel offering, with 18 well patronaged, well presented motel rooms.
5. Brand new, huge commercial kitchen installed, appealing to chefs and supporting full hospitality operations.
6. 270 solar panels installed in 2023, indicating significant energy efficiency and operational cost savings.
7. Premier corner location in Bowen QLD, providing high visibility and great exposure on a busy site.
8. Land area approximately 1,457m², zoned GO5 commercial, supporting commercial uses and potential redevelopment.
9. Flexible operational models possible, including owner operator, management, or lease arrangements.
10. Significant upside potential for growth, leveraging recent renovations and strong existing presentation.