Key Investment Insights
AI generated. Confirm details with the seller.
1. 15-room freehold motel offering owner-occupied equity and asset ownership, marketed as a money maker.
2. Same ownership for 16 years, indicating operational continuity and established local reputation.
3. Adjusted net profit of $235,735 expected for 2024/25, with reported profitability better than 18% on asking.
4. Separate three-bedroom residence at the front, suitable for on-site owner accommodation or supplementary rental income.
5. Large lockup shed at the rear providing ample secure storage and back-of-house space.
6. Approval and available room for expansion to accommodate six vans, presenting clear growth and additional revenue potential.
7. Separate male and female amenities block, enhancing appeal for groups, contractors and long-stay government clients.
8. Dedicated office adjoining additional lounge area and commercial kitchen, plus motel laundry, linen and cleaning stores, supporting efficient operations.
9. Prime location opposite the hospital and ambulance station, supporting a strong, reliable government client mix and consistent occupancy.
10. High-visibility profile position with well-placed signage and front-of-unit parking, aiding drive-by awareness and guest convenience.
11. Large 4,000 m2 single-storey site with low-maintenance construction and yard area, simplifying upkeep and permitting future development.
