Hughenden, Queensland

15 ROOM FREEHOLD MONEY MAKER - 2871MF

FREEHOLD $1,250,000

Business Description

FREEHOLD MOTEL

- 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

Marketing Agent

Michael Philpott

Tourism Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. Freehold motel with 15 rooms and the same ownership for 16 years.
2. Vendor projects adjusted net profit of $235,735 for 2024/25, with advertised profit exceeding 18% of the asking price.
3. Occupies 4,000 square metres with room for expansion and approval to accommodate six vans.
4. Positioned opposite a hospital and ambulance station, with prominent signage and a strong government client mix.
5. Separate three bedroom residence located at the front of the property opposite reception.
6. Single storey construction, parking in front of units and low maintenance grounds support straightforward property upkeep.
7. Operational infrastructure includes a separate office, lounge area, commercial kitchen, motel laundry, linen store and cleaning store.
8. Large lockup shed provides ample storage, complemented by separate male and female amenities.