Gayndah, Queensland
RARE LEASEHOLD HOTEL/MOTEL OPPORTUNITY - 2892ML
LEASEHOLD $1,600,000 + 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. Rare leasehold hotel/motel opportunity with well-maintained and presented low-set brick complex, indicating minimal immediate capital expenditure.
2. Complete cross section of guest facilities, supporting full-service accommodation and hospitality operations.
3. 23 motel rooms, providing substantial accommodation revenue capacity.
4. Independent house for owners included, supporting on-site owner-operator or accommodation for management.
5. Long secure lease, offering tenancy stability and reduced landlord risk.
6. Only two hotels in a thriving citrus region, implying limited direct local competition and strong catchment potential.
7. 18 gaming machines contributing significant turnover, reported $1,050,000 annual turnover from gaming.
8. Drive-thru trading generating $1,000,000 per annum, representing a diversified, high-volume revenue stream.
9. Currently run under management, presenting upside for new owner-operators to increase profitability through direct involvement.
10. Adjusted Net Profit of $370,290 for 2024/25, providing a clear recent profitability benchmark.
11. Described as no maintenance required and first-to-inspect with buy, suggesting move-in-ready condition and potential urgency for buyers.
