Goomeri, Queensland
CONSISTENTLY PROFITABLE, EASY TO RUN LEASEHOLD MOTEL - 1994ML
UNDER OFFER
Business Description
- LEASEHOLD MOTEL
- Very well maintained and presented 11 unit motel
- Easily run by one person.
- Excellent trading motel with no competitors - 70% plus occupancy
- Solar System installed, bathrooms refurbished in 2023, hot water system replaced 2023
- Long-time consistent performer
- Mix of clientele
- Minimal maintenance going forward
- Would benefit from owner operators
- No tariff increases since 2023
- Opportunity to improve the bottom line by providing evening meals
- Well worth inspecting.
This very well presented 11 unit motel is located just 85 kms inland from Gympie, in the South Burnett district, just over two hours drive from the major centres of Brisbane, Toowoomba, Bundaberg and the Fraser and Sunshine Coasts.
Goomeri hosts the annual Goomeri Pumpkin festival in May, which draws large crowds and provides a reliable seasonal boost to revenue. In addition to these attributes, the motel serves as a base for visitors exploring the Kilkivan to Kingaroy Rail Trail and the South Burnet region.
The Motel sits on a large 1,977 sqm corner block and includes two motel wings and a vacant building block. One Motel wing comprises four rooms and the other wing, six rooms, separated by a guest laundry. All rooms have been refurbished to AAA 3.5 star standard. Better still it's the only motel in the area.
There is under cover parking to four rooms and the other eight are covered by new shade sails. There is also a covered area used for outdoor dining.
Boasting long term consistent returns, minimal maintenance adds up to a great business that can be easily run by a single or a couple.
A genuine lifestyle business and an opportunity you should not miss! Come and have a look great motel great business.
Adjusted Net Profit: $170,060 for 2024/25 after rent (vendor supplied)
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1994ML (quote when enquiring)
Property Code: 5445
Business Summary
Key Investment Insights
1. 11-unit leasehold motel, well maintained and presented, AAA 3.5 star standard rooms.
2. Easily operated by a single person or couple, minimal ongoing maintenance.
3. Strong historical performance, long-time consistent performer with adjusted net profit $170,060 for 2024/25 after rent.
4. High occupancy, consistently above 70 percent, with no local motel competitors.
5. Recent capital upgrades include solar system, bathrooms refurbished in 2023, and hot water system replaced in 2023.
6. Strategic location in Goomeri, South Burnett, 85 km inland from Gympie and about two hours from Brisbane, Toowoomba, Bundaberg and the Fraser and Sunshine Coasts.
7. Reliable seasonal demand from the annual Goomeri Pumpkin Festival and proximity to the Kilkivan to Kingaroy Rail Trail.
8. Property sits on a large 1,977 sqm corner block, two motel wings (four rooms and six rooms) separated by guest laundry, plus a vacant building block.
9. Covered parking for four rooms and shade sails for eight rooms, plus a covered outdoor dining area.
10. Mix of clientele provides diversified revenue, opportunity to increase revenue by offering evening meals.
11. No tariff increases since 2023, indicating potential upside through rate optimisation under new ownership.
