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. Freehold 15-room motel, providing ownership of property and business.
2. Long-term ownership, same operator for 16 years, indicating operational stability.
3. Adjusted Net Profit of $235,735 expected for 2024/25, reported by vendor.
4. High profitability, showing better than 18% return on asking price.
5. Separate three-bedroom residence at the front, offering owner accommodation or rental income.
6. Large lockup shed at the rear with ample storage, supporting operations and back-of-house needs.
7. Approved capacity to accommodate six vans, plus room for physical expansion.
8. Dedicated separate amenities block for males and females, enhancing guest convenience and compliance.
9. Comprehensive operational infrastructure, including a separate office adjoining an additional lounge area, commercial kitchen, motel laundry, linen store and cleaning store, with front and rear access.
10. Prime location opposite hospital and ambulance station, supporting a strong government and emergency-services client mix.
11. Prominent profile position with well positioned signage, front-of-unit parking and single-storey, low-maintenance construction and yard, aiding ease of operation and curb appeal.
12. Large 4,000 m2 landholding, offering space for future development or increased facilities.
