Childers, Queensland
2302ML - STILL TRADING STRONGLY, TICKS ALL THE BOXES - REDUCED BY $40K!
SOLD
Business Description
- Trading has remained strong throughout the COVID-19 period.
- Excellent returns from this consistent performer.
- Long lease (24 years).
- Good rent ratio.
- Great street position being first motel on the south side of town.
- Very well presented 19 room motel with a good mix of room types.
- Ideal family business.
- Large 3 bedroom residence, full kitchen, lounge and dining areas with separate and secure fenced yard for the kids and pets to play.
- Ongoing upgrades to rooms.
- Inspections are a must.
Real opportunity here for a husband and wife team or family to run an excellent business in a coastal location.
Set on just over an acre of land on the southern side of Childers. This motel provides a great opportunity to secure your future. With a long lease and high returns this consistent performer is waiting for a new owner to reap the benefits.
With 19 rooms the motel is easily run by a couple or even a single person with casual housekeeping support. Better still if you are a family wanting a lifestyle change then there is a large home with secure and fenced yard for the kids to play.
Being the first motel on the south side of Childers it is a regular stopover for travellers being three hours drive north of Brisbane.
The current owners have been improving the motel over a number of years and are looking to move on. Take the opportunity and make it yours.
Net profit $220,886 for 2019/20
Contact Mark Tuck from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2302ML (quote when enquiring)
Location: Childers is located 325 km north of Brisbane and is the centre of the Isis Region in Queensland. The town serves a regional population of approximately 8,500 people. The sugar cane industry features prominently in Childers and has sustained the town over the years. Fruit and vegetable cropping is common on the lands around town. As a key heritage town in Australia, tourism is a growing industry in Childers, with a number of the preserved historic buildings in town becoming tourist attractions.
Childers boasts 4 boutique wineries as well as the 'Off The Wagon' wine trail experience. It is home to Snakes Down Under Reptile Park and Flying High bird sanctuary. There are a number of different food offerings and is home to Queensland's famous homemade Mammino's Ice Creams. The recently reopened heritage listed Paragon Theatre houses an espresso bar, hosts movies, theatrical performances and events. A 30 minute drive away is the beautiful national park area of Woodgate Beach.
Property Code: 3387
Business Summary
Key Investment Insights
1. Consistent performer with excellent returns.
2. Long lease (24 years) with good rent ratio.
3. Great street position as the first motel on the south side of town.
4. Well presented 19 room motel with a good mix of room types.
5. Ideal family business opportunity.
6. Large 3 bedroom residence with full kitchen, lounge, and dining areas.
7. Ongoing upgrades to rooms.
8. Inspections are a must.
9. Located in a coastal location with potential for lifestyle change.
10. Net profit of $220,886 for 2019/20.
11. Located in Childers, a key heritage town in Australia.
12. Growing tourism industry in Childers with boutique wineries, reptile park, bird sanctuary, and other attractions.
13. Close proximity to Woodgate Beach national park.
14. Property ID: 2302ML.
15. Property Code: 3387.
