Hughenden, Queensland
15 ROOM FREEHOLD MONEY MAKER - 2871MF
FREEHOLD $1,250,000
Business Description
- Same ownership for 16 years.
- Seperate 3 bedroom residence at front of the property opposite reception.
- Large lockup shed at the rear of the block with ample storage.
- Room for expansion and approval to accommodate 6 vans.
- Separate amenities block for males / females.
- Low maintenance construction.
- Seperate office adjoining additional lounge area/ commercial kitchen, motel laundry, linen store, cleaning store and front and rear access.
- Well positioned: Opposite hospital and ambulance station.
- Enjoys a strong government client mix.
- Profile position with well positioned signage.
- 4,000 m2 land.
- Single story construction.
- Front of unit parking.
- Low maintenance yard area.
- High profit showing better than 18% on asking.
Adjusted Net Profit: $235,735 expected for 2024/25 (as provided by vendor)
Contact Michael from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2871MF (quote when enquiring)
Property Code: 5185
Business Summary
Key Investment Insights
1. 15-room freehold motel with single storey construction, offering bedrock asset ownership rather than leasehold.
2. Same ownership for 16 years, indicating operational stability and established trading history.
3. Adjusted net profit expected at $235,735 for 2024/25, with vendor-stated profitability better than 18% on asking.
4. Separate three-bedroom residence at the front of the property opposite reception, useful for owner-occupier or rental income.
5. Large lockup shed at the rear and ample storage, supporting maintenance, supplies and back-of-house operations.
6. Approval and physical room for expansion to accommodate six vans, enabling growth in guest numbers or conversion to additional revenue streams.
7. Separate male and female amenities block, enhancing guest convenience and compliance for higher-occupancy use.
8. Separate office adjoining additional lounge area and commercial kitchen, plus motel laundry, linen store and cleaning store, providing comprehensive on-site operational facilities.
9. Front and rear access with front-of-unit parking and low-maintenance yard area, improving guest access and reducing upkeep costs.
10. Prime location opposite the hospital and ambulance station, delivering strong government and emergency services client mix and consistent occupancy drivers.
11. Profile position with well positioned signage, supporting visibility and walk-in or drive-by trade.
12. Generous 4,000 m2 landholding, offering flexibility for future redevelopment, expansion or ancillary uses.