Key Investment Insights
AI generated. Confirm details with the seller.
Key insights for 2552MF - Cheap As Chips, Freehold Motel & Caravan Park:
1. Located in the heart of Killarney, this property offers a variety of accommodation options including 7 motel rooms, 1 cabin, and 20 van sites.
2. The property sits on a large 6,907m2 of land, providing ample space for future growth and development.
3. There is currently a one bedroom owner's residence, with potential to build another due to the size of the land.
4. The area has good growth potential due to its proximity to popular landmarks and attractions such as Queen Mary Falls, 4x4 driving tracks, and mountain bike tracks.
5. With a steady stream of tourist visitors to the area, the property is well-positioned for future growth and success.
6. The property is listed at a low price due to the owner's ailing health conditions, making it a great opportunity for a motivated buyer.
7. The net profit for 2017/18 was $88,978, indicating a profitable business.
8. The property is being sold through Tourism Brokers and interested buyers should contact Tony Johnson for further information or to arrange an inspection.
9. Killarney is located 190km south-west of Brisbane and 33km east of Warwick, making it easily accessible for both local and interstate visitors.
10. Killarney is a thriving mixed-farming district, producing a variety of agricultural products such as meat, potatoes, onions, and timber.
11. The town has a State p-10 school, a showground, and a large retail cooperative, providing essential amenities for residents and visitors.
12. The annual agricultural show, rodeos, and other events attract a significant number of visitors to the town, providing potential for increased business for the motel and caravan park.
13. The property is listed under Property ID 2552MF and is a great opportunity to secure a piece of rural Australia