Gayndah, Queensland
RARE LEASEHOLD HOTEL/MOTEL OPPORTUNITY - 2892ML
LEASEHOLD $1,400,000 + sav
Business Description
Well-maintained and presented brick Hotel/Motel opportunity. Offering the complete cross section of guest facilities. Would ideally suit a family run operation but could be run under supervised management.
- Low set brick complex.
- Independent house for owners.
- Only 2 hotels in thriving citrus region.
- 18 gaming machines ($1,050,000 Annual T/O).
- 23 motel rooms.
- Long secure lease.
- No maintenance required.
- Drive thru - $1,000,000 (P/A).
- Currently run under management with huge potential to increase this business.
- First to inspect with buy.
Adjusted Net Profit: $370,290 for 2024/25
Contact Laurence Crowley from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2892ML (quote when enquiring)
Property Code: 5373
Business Summary
Key Investment Insights
1. Leasehold hotel/motel opportunity, Property ID 2892ML, with a long secure lease.
2. Well maintained low set brick complex, advertised as requiring no maintenance.
3. Includes an independent owners house on site, supporting owner occupation.
4. 23 motel rooms, providing substantial accommodation capacity.
5. 18 gaming machines, reported with $1,050,000 annual turnover.
6. Drive thru component generating $1,000,000 per annum, adding diversified revenue.
7. Adjusted Net Profit of $370,290 for 2024/25, indicating current profitability.
8. Currently operated under management, presenting opportunity to increase earnings via owner operation or active management.
9. Positioned in a thriving citrus region, with only two hotels in the area, implying limited local competition.
10. Suited to a family run operation but can be run under supervised management, broadening buyer appeal.