Charters Towers, Queensland
NORTH QLD HOTEL/MOTEL FREEHOLD OPPORTUNITY - 145HF
FREEHOLD $5,200,000 + sav
Business Description
FREEHOLD HOTEL MOTEL FOR SALE
First time offered in a Freehold Going Concern for 30 years. A very popular family tavern offering all the conveniences in northern Qld town of approximately 150,000.
- 18 motel rooms and 4 self-contained cabins (22 in total).
- Good onsite and off-street parking.
- Low-set profile.
- Public bar.
- Gaming lounge – recently refurbished.
- Family bistro and undercover outdoor deck (seating for 200).
- 25 gaming machines with high turnover.
- TAB - two terminals.
- Drive-through bottle shop can be serviced by bar staff - cost effective.
- Located on the fringe of a busy town with tremendous street frontage.
- All equipment unencumbered.
- Rare opportunity - arguably the best available.
Adjusted Net Profit: $675,980 for 2024/25 with the ability to improve
Contact Laurence from Tourism Brokers for further information or to arrange an inspection.
Property ID: 145HF (quote when enquiring)
Property Code: 5414
Business Summary
Key Investment Insights
1. First time offered as a freehold going concern in 30 years, creating a rare market entry opportunity.
2. Adjusted Net Profit $675,980 for 2024/25, with stated upside to improve returns.
3. Located on the fringe of a busy northern Queensland town of approximately 150,000, offering regional market demand.
4. Tremendous street frontage, enhancing visibility and drive-by trade potential.
5. Accommodation package of 18 motel rooms plus 4 self-contained cabins, 22 units in total, supporting accommodation revenue.
6. Public bar and recently refurbished gaming lounge, indicating refreshed patron facilities.
7. 25 gaming machines with high turnover, signalling a strong gaming revenue stream.
8. TAB facilities with two terminals, adding wagering income and customer attraction.
9. Family bistro and large undercover outdoor deck seating for 200, supporting food and events trade.
10. Drive-through bottle shop serviced by bar staff, offering low-cost operational synergy and additional retail income.
11. Good onsite and off-street parking, low-set profile, and all equipment unencumbered, simplifying operations and purchase logistics.
