Kilcoy, Queensland

1953ML - GREAT PERFORMING COUNTRY MOTEL

LEASEHOLD $465,000

Property Description

- Sort after Queensland country town motel.

- 14 well-appointed motel rooms with off street parking.

- In demand location, within 60 minutes’ drive to the sunshine coast.

- Growth area with ongoing industry and development.

- Easy to run motel with good systems in place.

- Extra-large commercial style kitchen. (Options to offer meals)

- Reception attached to residence.

- Well positioned lease ratios, with 17 years remaining.

Kilcoy Gardens Motel is well presented easy to operate 14 room motels, located in the busy Queensland country town of Kilcoy. Only 60 minutes’ drive to the sunshine coast and 90 minutes to Brisbane.

The motel is well positioned on the main road leading into town and has easy access and ample parking for all guests. With surrounding gardens and lawns, the property provides a quiet location for all guests.

The Motel is well maintained, and rooms have had upgrades to many fixtures and amenities over the last two years, included new A/C units & hot water services, Queen beds and with all in-room electrical items including TVs/toasters/kettles/hairdryers being replaced.

With great bookings management and return guests, the motel is running at good occupancies of 65%, with opportunities to increase further with the predicted serge in tourism numbers through the region.

The restaurant is not currently being operated and has been converted into a large open plan residence lounge. Currently the residence offers one bedroom with built-in robes. The huge living space could be divided into more bedrooms to complement the existing bedroom if required.

With average Room Tariffs of $112 a night, this Leaseholds annual Net Adjusted Profit is a healthy $162,174 per annum and represents a Return on Investment of 35%

A perfect starter motel for the first-time operators.

Net Profit: $162,174 for 2020/21

Contact Richard O’Connell from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1953ML (quote when enquiring)

Property Code: 4037

Property Summary

Motel Information

Marketing Agent
Richard O'Connell
Richard O'Connell

Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Properties

You may also like

Sought after leasehold motel business in Mid North Coast regional centre
Swansea Motor Inn - 1P5411
Only 750m to this Sunshine/Cooloola Coast City's Major Hospital - 1P5442M
RESORT OPPORTUNITY ABSOLUTE BEACHFRONT!! 457K Net profit.
SAPPHIRE COAST LEASEHOLD MOTEL WITH MAGNIFICENT VIEWS | Resort Brokers ID : LH007076
Waterfront Off The Plan MR on the Redcliffe Peninsula - $338K projected net | Resort Brokers ID : OTP007090
Bullet proof Warwick performer | Resort Brokers ID : LH007088
High performing holiday letting business in boom Southern GC location! | Resort Brokers ID : MR007084
1838ML - GATEWAY TO THE GRAMPIANS GEM
27 High Quality Rooms with Huge 3 Bedroom/2 Bathroom Residence Overlooking the Golf Club Fairways - 1P5440M
STUNNING MANAGEMENT RIGHTS COMPLEX IN THE HEART OF MOOLOOLABA.
Outstanding 25 room Freehold Motel in Biloela | Resort Brokers ID : FH007086
New Lease on Large Tourist and Cabin Park in a popular tourist destination | Resort Brokers ID : LH007083
Brand new 30 yr lease - 41 room fully refurbished regional motel and restaurant | Resort Brokers ID : LH007078
Fully refurbished, 41 Room Freehold Motel located in major regional centre in SA | Resort Brokers ID : FH007077
Business For Sale - The Perfect Beachside Location - ID 9042 BL
Business For Sale - Rare Opportunity in Prime Location - ID 9043 BL
UNIQUE MANAGEMENT RIGHTS IN HERVEY BAY WITH SOLID ROI | Resort Brokers ID : MR007060