Charters Towers, Queensland

NORTH QLD HOTEL/MOTEL FREEHOLD OPPORTUNITY - 145HF

FREEHOLD $5,400,000 + sav

Business Description

FREEHOLD HOTEL MOTEL

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

Marketing Agent
Laurence Crowley
Laurence Crowley

Key Investment Insights

AI generated. Confirm details with the seller.

1. Freehold going concern offered for the first time in 30 years, presenting stable property ownership and business continuity.
2. Adjusted Net Profit of $675,980 for 2024/25, with stated ability to improve, indicating strong current earnings and upside potential.
3. Accommodation package of 22 units, comprising 18 motel rooms and 4 self-contained cabins, supporting mixed revenue streams.
4. High-turnover gaming operation with 25 gaming machines and a recently refurbished gaming lounge, signalling significant non-beverage income.
5. TAB facilities with two terminals, adding wagering revenue and customer retention opportunities.
6. Family bistro plus an undercover outdoor deck with seating for 200, supporting large dining capacity and event trade.
7. Drive-through bottle shop that can be serviced by bar staff, offering cost-effective retail liquor sales and convenience for customers.
8. Public bar presence alongside food and gaming amenities, enabling diversified on-site spend per patron.
9. Located on the fringe of a busy northern Queensland town of approximately 150,000, with tremendous street frontage, enhancing visibility and drive-by trade.
10. Good onsite and off-street parking and a low-set profile, improving accessibility for guests and local patrons.
11. All equipment unencumbered, reducing transactional complexity and offering clear asset transfer.
12. Market positioning described as a rare opportunity and arguably the best available, implying strong competitive or scarcity value.
Listing location

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Hotels For Sale

You may also like

Caretaking Only!!!
East Coast Corporate FHGC Motel
Calling All Developers - Potential Plus
Freehold Motel with Licensed Restaurant & Bar | Regional WA | 60+ rooms | fully under management
Far North Queensland Coastal Tropical Caravan Tourist Park - 896CPF
Exclusive - Highly Passive Business Only 1.85 Multiplier - ID 9238
AN EXCITING OPPORTUNITY WHERE TRAVEL IS INCLUDED – 13CL
Robina Permanent Management Rights – Strong Income, Long Tenure, Flexible Operation
A Rare Opportunity to Aquire a Luxurious and Highly Profitable Management Rights Business
Blue Chip Management Rights with the Ocean at Your Doorstep
Townsville Permanent Management Rights Opportunity, No Real Estate to Purchase
FREEHOLD MOTEL LOCATED IN HUNTER VALLERY REGION OF NSW - 1546MF
FREEHOLD MOTEL WITHIN 2.5 HOURS OF BRISBANE – 2290MF
A little Noosa luxury. A very smart next move. | Resort Brokers ID : MR009351
Secure a Rare Passive Investment in a Prime Eyre Highway Location | Resort Brokers ID : INV009348
LIFESTYLE FLEXIBILITY IN TWEED HEADS WITH NO ONSITE REQUIREMENT + SERIOUS UPSIDE | Resort Brokers ID : MR009347
Own the Land. Grow the Income. Live the Lifestyle. | Resort Brokers ID : FH009355
Add On Caretaking!!