Gayndah, Queensland
CENTRAL QLD LEASEHOLD MOTEL - 1934ML
REDUCED LEASEHOLD $950,000
Business Description
- Ideal family concern
- 21 year lease remaining from November 2026
- No maintenance
- Repeat clientele - holiday makers, workers, corporate
- Well presented property and well maintained rooms
- Swimming pool and well maintained gardens
- Spare land for additional 14 rooms (subject to negotiations with landlord)
- Price Negotiable
Adjusted Net Profit: $242,816 for 2024/25
Contact Laurence Crowely from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1934ML (quote when enquiring)
Property Code: 5408
Business Summary
Key Investment Insights
1. 21 year lease remaining from November 2026, providing long-term occupancy certainty through to 2047.
2. Leasehold sale priced REDUCED at $950,000, vendor indicates price negotiable.
3. Adjusted Net Profit $242,816 for 2024/25, demonstrating healthy cashflow.
4. Implied operating yield of approximately 25.6% based on adjusted net profit versus asking price.
5. Business value listed as $0, confirming this is a leasehold transaction rather than freehold.
6. Described as an ideal family concern, indicating suitability for owner-operator family management.
7. Repeat clientele mix of holidaymakers, workers and corporate guests, providing diversified demand.
8. Property and rooms are well presented and well maintained, supporting positive guest experience and reputation.
9. No maintenance, suggesting low immediate capital expenditure and upkeep obligations.
10. On-site amenities include a swimming pool and well maintained gardens, enhancing guest appeal.
11. Spare land available for up to 14 additional rooms, subject to landlord negotiation, offering clear expansion potential.