HTL Property is pleased to present for sale McNevin’s Logan Park Motel.
Investment Highlights include:
• A very popular and strong-performing resort-style motel
• Booming corridor between Brisbane and the Gold Coast
• Close to theme parks, sporting venues and major business precincts
• 23 oversized rooms plus restaurant, pool, spa, and tennis courts
• $1.2m Gross Profit and $620k NOP annualised estimate for FYE23
• 7,499 sqm landholding located in a booming growth corridor
• DA for 34 rooms and 50 bed bunkhouse expansion to capitalise on demand
1. Highly popular and successful resort-style motel with a strong track record of performance.
2. Strategically located in a booming corridor between Brisbane and the Gold Coast, offering easy access to major attractions and business precincts.
3. 23 oversized rooms, a restaurant, pool, spa, and tennis courts provide a range of amenities for guests.
4. Estimated $1.2m Gross Profit and $620k NOP for FYE23, indicating a profitable and sustainable business.
5. Large 7,499 sqm landholding, providing potential for future expansion and development.
6. DA in place for 34 additional rooms and a 50 bed bunkhouse, demonstrating potential for growth and capitalizing on demand.
7. Sale via Expression of Interest, offering potential buyers the opportunity to submit their best offer for this highly sought-after property.