Key Investment Insights
AI generated. Confirm details with the seller.
Key insights for this business for sale listing include:
1. Exceptional new 40-year lease for long-term security.
2. Booming area with increasing demand.
3. Opportunity to own the leasehold business and run a rapidly growing motel and apartment complex in the heart of this high growth region in Central Queensland.
4. The complex features 24 x 2 bedroom apartments, 8 x 1 studio rooms, and 16 x motel units (10 with spa).
5. Recently renovated with a grand three-bedroom penthouse style living quarters and resort-style pool.
6. Includes a full commercial laundry and a massive 100kw solar system.
7. Substantial 2 bedroom manager's residence.
8. Underutilized 40-seat restaurant/conference/meeting area.
9. Wide concrete path driveways and low maintenance high exposure facility.
10. Over the past few years, occupancy rates have greatly increased with a net profit of over $863,000 per annum for the financial year and $474,690 per annum for the financial year.
11. Standard room rates have been kept at affordable levels with room for further growth.
12. 4.4-star rating and a town that has seen huge growth both residentially and commercially.
13. Own and operate or employ managers to run this growing motel in the heartland of Queensland's booming industrial sector.
14. Net profit of $600,000 plus expected for the 2023 calendar year.
15. Contact Laurence Crowley from Tourism Brokers for further information or to arrange an inspection.
16. Property ID: 2775ML (quote when enquiring).
17. Property Code: 4649.
