Capella, Queensland
OPPORTUNITY TO SECURE A SIGNIFCANT BUILDING AND IMPROVEMENTS - 1925MF
SOLD
Business Description
- 83 rooms under full management.
- Huge growth in area expected.
- Majority built 2009.
- Large 2 bedroom plus residence above reception.
- Glencore and others expected to open soon.
This is an opportunity to secure a significant building and improvements and cater/take overflow from Emerald. The distance between Emerald to Capella is 52 kms by road. A number of the freeholds in Emerald have been purchased for owner occupation and permanent workforce of recent times. This is in addition to being in position and prepared for the mining sector growth.
With a replacement value of the buildings more than $7.5M, the depreciation benefits alone from the property are enormous.
The area has a strong rural sector, and the agricultural activity includes the growing of a variety of grains (predominantly sorghum and wheat), sunflowers and beef cattle. The business exists in a number of forms, it’s bringing it in and creating the environment.
Nine Bowen Basin coal mines operate within an hour's drive of Capella. Capella is located on the Gregory Highway 949 kms north-west of Brisbane via Rockhampton and Emerald. Evergreen Farms are an hour away. Capella Coach Inn has been a trusted accommodation provider to the workforce for many years.
The main motel block fronting Peak Downs Street incorporates an acoustical wall which is an architectural feature of the motel's main frontage. All the rooms are spacious and modern, fully air conditioned and with quality four star appointments. They feature separate, contemporary ensuites with optional spa bath and a personal balcony, all at an amazingly affordable rate. Each room also has access to the pool and barbeque area and is right in the heart of the Central Highlands Region.
The venue is suitable to host a range of different occasions from workforce training events to wedding receptions, so the draw is significant.
Details Information memorandum available.
Net Profit: $280K+ huge growth expected under full management
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1925MF (quote when enquiring)
Property Code: 4327
Business Summary
Key Investment Insights
1. The business for sale is a significant building and improvements with 83 rooms under full management.
2. The area is expected to experience huge growth in the near future.
3. Majority of the buildings were built in 2009.
4. The property includes a large 2 bedroom plus residence above the reception area.
5. The area is expected to have an influx of new businesses, including Glencore, which will create a demand for accommodation.
6. The property has a high replacement value of over $7.5 million.
7. The area has a strong rural sector, with agricultural activities including growing grains, sunflowers, and beef cattle.
8. The business exists in various forms and has the potential to grow and expand.
9. The property is located within an hour's drive of nine Bowen Basin coal mines.
10. Capella is located on the Gregory Highway, 949 kilometers north-west of Brisbane.
11. The area is also home to Evergreen Farms, which is an hour away.
12. The Capella Coach Inn has been a trusted accommodation provider for the workforce for many years.
13. The main motel block has a unique acoustical wall as its main frontage.
14. All rooms are spacious, modern, fully air-conditioned, and have four-star appointments.
15. Each room has a separate ensuite, with the option of a spa bath, and a personal balcony.
16. The property also has a pool and barbeque area for guests to use.
17. The venue is suitable for a range of occasions, from workforce training events to wedding receptions.
18. A detailed information memorandum is available for interested buyers.
19. The net profit for the business is currently $280,000, with huge growth expected under full management.
20. Interested buyers can contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
