Bundaberg West, Queensland

PRIME LOCATION FHGC MOTEL - 20%ROI

$2,100,000 FHGC

Business Description

Absolute Prime Location Freehold Ongoing Concern Motel. 400m to Bundaberg CBD and Hospital. Back entrance across the road from Burnett River with its famous walkways and CBD location offers a range of pubs, restaurants, and food outlets.

Over $150,000 spent on room renovations and improvements last year with new room benches being the next renovations planned plus recently completed kitchen and bathroom renovations to the managers residence gives a new owner a fresh start. Bundaberg as a very strong motel city with a diverse economy, no boom and bust.

Massive improvement in financials for the 2022/2023 year with plenty of upside still. The property straddles two titles. There are 120 solar panels on the roof to help minimise electricity costs.

Offering a 20% ROI, first to inspect will buy.

Call now to arrange an inspection

Property Code: 1156

Business Summary

Marketing Agent
Premier Business Sales

Premier Business Sales

Key Investment Insights

1. Prime location: The motel is located in a prime location, only 400m from Bundaberg CBD and Hospital, with easy access to the Burnett River and a range of pubs, restaurants, and food outlets.

2. Freehold property: The motel is being sold as a freehold property, providing the new owner with a valuable asset.

3. Ongoing concern: The motel is an ongoing concern, meaning that it is currently operational and generating income.

4. Recent renovations: Over $150,000 has been spent on room renovations and improvements in the past year, with plans for further renovations in the near future.

5. Diverse economy: Bundaberg is a strong motel city with a diverse economy, providing stability and potential for growth.

6. Strong financials: There has been a significant improvement in financials for the 2022/2023 year, with potential for further growth.

7. Solar panels: The property has 120 solar panels on the roof, helping to minimise electricity costs and potentially increasing profitability.

8. 20% ROI: The motel is offering a 20% return on investment, making it an attractive opportunity for potential buyers.

9. Two titles: The property straddles two titles, providing flexibility and potential for future development.

10. Manager's residence: The manager's residence has recently undergone kitchen and bathroom renovations, providing a fresh start for the new owner.

11. First to inspect will buy: The high demand for this property is reflected in the statement that the first person to inspect will likely purchase it.

12. Inspection available: Interested buyers can arrange an inspection of the property to see its potential firsthand.

13. Property code: The property has a designated code (1156), making it easy to identify and locate.
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