Kingsthorpe, Queensland
Freehold Hotel Stone's Throw from Toowoomba QLD - Turnover approaching $140k per month - 1P3604
SOLD
Business Description
. Low set hotel with 3 poker machines, lounge/dining room, bar with access to large under cover veranda. Tree covered beer garden off the veranda.
. Three bedroom residence with two bathrooms and private lounge area. Office and store room.
. 9 room motel approx. 150 m from hotel consisting of 6 double/twin rooms with 1 double bed and 1 single bed, semi self-contained kitchen with two door fridge microwave toaster & jug. Air conditioned, ceiling fans and TV / DVD. Separate bathroom.
. 3 family units - two bedroom units - 1 double room and 2 single beds in 2nd bedroom, separate lounge, bathroom and kitchen with two door fridge, microwave jug & toaster. Air conditioned, ceiling fans and TV / DVD.
. Under cover parking at motel
. Drive thru bottle shop at rear of hotel.
. 10 minutes from the new Welcamp Airport Toowoomba.
. New Detached Bottle Shop trading well in nearby shopping centre.
Business Summary
Key Investment Insights
1. The hotel has a consistent monthly turnover of approximately $140,000.
2. The hotel is located in close proximity to Toowoomba, a major regional city in Queensland.
3. The hotel features a low set building with 3 poker machines, a lounge/dining room, and a bar with access to a large under cover veranda.
4. The hotel also has a tree covered beer garden off the veranda.
5. The residence on the property has three bedrooms, two bathrooms, and a private lounge area.
6. The property also includes an office and store room.
7. There is a 9 room motel located approximately 150 meters from the hotel.
8. The motel rooms are well-equipped with amenities such as air conditioning, ceiling fans, and TV/DVD.
9. The motel also has under cover parking for guests.
10. There is a drive-thru bottle shop located at the rear of the hotel.
11. The property is conveniently located just 10 minutes from the new Welcamp Airport in Toowoomba.
12. There is a new detached bottle shop, located in a nearby shopping center, that is also included in the sale.
13. The hotel and motel are well-maintained and have a strong reputation in the local community.
14. The property has potential for further growth and development, given its location and existing amenities.
15. The sale of the property includes all necessary licenses and permits for operating a hotel and motel business.
