Gin Gin, Queensland

FURTHER $75,000 REDUCTION, OWNER SAYS SELL! - 1922ML

SOLD

Business Description

- Attractive 38.8% ROI

- Quality 3.5 star 15 unit motel.

- Large well-appointed rooms.

- Many refurbishments, little to spend going forward.

- Long-time consistent performer.

- Separate 2 to 3 bedroom residence.

- Good forward bookings with government workers.

- Excellent returns.

- Great Leasehold business.

On offer is 15 unit leasehold motel located in the heart of Gin Gin. The units are all well-appointed, spacious and of a very high 3.5 star standard, with a good mix of room types to suit all guest’s requirements. The current owners have upgraded a large proportion of the motel in their 13 years of ownership and now feel it is time to sell and move onto the next project.

The residence comprises two to three bedrooms on the first floor with a large country kitchen and open living area on the ground floor, a small enclosed courtyard is ideal for children or pets. There is a large three car lock up storage plus additional storage room.

The lease has 16 years to run from November 2023 with a strong profit return for the new owners.

New owners may wish to provide meals which is something the current owners do not provide; the kitchen is large and is fitted out with commercial appliances.

Your inspection of this excellent and consistent trading motel is strongly recommended as you will not be disappointed as the presentation is as good as you will find in a 3.5 star motel.

Net Profit $164,950 for 2022/23


Contact Richard O'Connell from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1922ML (quote when enquiring)

Location: Located in Central Queensland only 4 hours north of Brisbane, Gin Gin is well positioned for business and tourist activities. The town provides direct access to Bundaberg from the Bruce Highway. Business owners are attracted to the region for its beauty and lifestyle offering convenience combined with the freedom of country living. Gin Gin, like Bundaberg, is heavily dependent on the industry, with plantations dotted throughout the area. Cattle production also features prominently. In recent years small cropping has taken off across farms in the district.

Property Code: 4362

Business Summary

Marketing Agent
Richard O'Connell
Richard O'Connell

Key Investment Insights

1. Attractive 38.8% ROI
2. Quality 3.5 star 15 unit motel
3. Large well-appointed rooms
4. Many refurbishments, little to spend going forward
5. Long-time consistent performer
6. Separate 2 to 3 bedroom residence
7. Good forward bookings with government workers
8. Excellent returns
9. Great Leasehold business
10. 16 years remaining on lease
11. Strong profit return for new owners
12. Potential to provide meals
13. Large and well-equipped kitchen
14. Net Profit of $164,950 for 2022/23
15. Located in Central Queensland, 4 hours north of Brisbane
16. Convenient access to Bundaberg from the Bruce Highway
17. Attractive lifestyle for business owners
18. Strong industry presence in plantations and cattle production
19. Potential for small cropping
20. Property Code: 4362
Listing location

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Motels For Sale

You may also like

Great First Timer Leasehold Motel - 1916ML
Tourism Brokers
Great First Timer Leasehold Motel - 1916...

NANANGO

LEASEHOLD $495,000

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

Unlock Your Dream - Hervey Bay Beachfront Ownership Awaits
$50 K Price Drop & Easy Part Time Income - ID 9115
Iconic Hotel in Stunning Location - 1P6187
FREEHOLD Backpackers in Brisbane
Freehold Investment Opportunity Sale by Private Treaty
SE QLD Premier Permanent Management Rights
Waterfront CBD Location in Townsville - 30 Years on Lease - 1P6237M
Exclusive - Two Adjacent Luxury Permanent Management Rights Complexes for Sale - ID 9174
Fabulous Modern Boutique Guest House right in the heart of Airlie Beach - 2857MF
Big profits and beachside living on the Sunny Coast
Premium Vineyard & Exquisite Home, Central Otago
Big Profits and Priced to Sell!
Motel 3858 - 1P6235
Solid Permanent MR, Large Remuneration and Three Beds Manager Residence in West End
Profitable Business Only Resort Management Opportunity Cotton Tree
Tuscan-Themed Resort with $309K Net Profit – ID 9175
Kokonga Lodge – Boutique Accommodation & Event Venue
NEWLY ESTABLISHED PERMANENT MANAGEMENT RIGHTS PORTFOLIO BUSINESS ONLY