Charleville, Queensland

FANTASTIC CASHFLOW OPPORTUNITY, RARE INVESTMENT MOTEL WITH SOLID TENANT - 2818MI

INVESTMENT $2,450,000

Business Description

- Rare 27 ensuited motel rooms.

- Recent refurbishments to 8 rooms enhancing room appeal.

- Close to the centre of town and all amenities and has good visibility and easy access.

- 3,025m2 corner parcel held in four allotments.

- Licensed restaurant with seating for 100, cocktail bar, commercial kitchen, conference room, swimming pool, undercover parking, patio area, separate courtyard with firepit and owner’s residence.

- All outgoings are paid by the tenant refer to the lease.

- Annual CPI reviews

- 5 x 5 year options available, indicating a lease expiry including options. (26 years remaining on the lease from 2023)

- Solid lease and solid tenant

- Presents well and provides drive-up accommodation suitable for all guests just walking distance from the Showgrounds and Bilby Experience. The motel encourages a community-feel with several entertaining areas including an outdoor pool and patio area in addition to a separate courtyard featuring a firepit in winter

- The foundations have been set and the business continues to grow from strength to strength providing a solid base for the investment. We recommend a detailed investigation, and we are happy to meet you at the property where possible for an inspection

- Large 30 kW solar system for sustainable operation assists with the business operational costs and power savings

- Plenty of Tourism Drawcards and attractions in the area

- Additional tourism facilities being created and enhanced in the area with a pro-active Council

- One of the 'hubs' of Queensland

- ROI 8.32%

Annual Rent: $203,880 plus GST

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2818MI (quote when enquiring)

Property Code: 4826

Business Summary

Marketing Agent
Michael Philpott
Michael Philpott

Key Investment Insights

1. Rare opportunity to invest in a 27 room motel with solid tenant.
2. Recent refurbishments to 8 rooms have improved room appeal.
3. Convenient location close to town center and amenities with good visibility and easy access.
4. Large 3,025m2 corner parcel with potential for future development.
5. Licensed restaurant with seating for 100, cocktail bar, conference room, swimming pool, and owner's residence.
6. All outgoings are paid by the tenant as per lease agreement.
7. Annual CPI reviews ensure rental income growth.
8. Long lease term with 5 x 5 year options available, providing a secure investment for 26 years.
9. Motel presents well and offers a community-feel with multiple entertaining areas.
10. Large 30 kW solar system reduces operational costs and provides sustainable operation.
11. Located in an area with plenty of tourism drawcards and attractions.
12. Pro-active Council investing in additional tourism facilities in the area.
13. Strategic location as one of the 'hubs' of Queensland.
14. High ROI of 8.32%.
15. Annual rent of $203,880 plus GST.
16. Detailed investigation and inspection recommended.
17. Property ID: 2818MI.
18. Property Code: 4826.
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