UNDER CONTRACT. 24 Room Motel – Freehold South Gladstone 1P5039
SOLD
Business Description
CRE Brokers are proud to be Exclusively Appointed to market this unique Freehold opportunity.
Situated high on a large parcel of land on the hilltop with views over the harbour, this Motel features 3 levels, 24 rooms, a 3 bed room residence, pool, extensive gardens and outdoor function areas, commercial kitchen and restaurant.
The property has operated successfully has a Motel and is a popular wedding / function venue. Current lease ends in April 2021 ($15,000 per month).
1. Unique freehold opportunity with potential for multiple revenue streams.
2. Prime location on a hilltop with views over the harbour.
3. 24 rooms, 3 levels, and a 3 bedroom residence.
4. Features a pool, extensive gardens, and outdoor function areas.
5. Commercial kitchen and restaurant on site.
6. Successfully operated as a motel and popular wedding/function venue.
7. Current lease in place until April 2021 with a monthly rent of $15,000.
8. Potential for growth and expansion with new ownership.
9. Strong potential for increased profits with efficient management and marketing strategies.
10. Opportunity for owner-operators or investors looking for a profitable business in the hospitality industry.
11. High demand for accommodation and event venues in the area.
12. Well-maintained property with potential for further improvements.
13. Established customer base and positive reputation in the local community.
14. Close proximity to popular tourist attractions and amenities.
15. Potential for additional income through partnerships with local businesses and organizations.
