4170 Pacific Highway, Loganholme, Queensland

Strategically Located Resort-Style Motel for Sale

SOLD

Business Description

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

For Sale via an Expression of Interest.

Business Summary

Marketing Agent
Andrew Jackson
Andrew Jackson

Paul Nyholt
Paul Nyholt

Key Investment Insights

1. Strong and consistent performance: The McNevin's Logan Park Motel has a proven track record of success, making it a highly desirable investment opportunity.

2. Strategic location: The motel is situated in a booming corridor between Brisbane and the Gold Coast, making it easily accessible and attractive to both business and leisure travelers.

3. Proximity to major attractions: The motel is conveniently located near popular theme parks, sporting venues, and major business precincts, providing a steady stream of potential customers.

4. Diverse range of amenities: The motel offers a range of facilities including a restaurant, pool, spa, and tennis courts, providing guests with a resort-style experience.

5. Strong financials: With a gross profit of $1.2 million and a net operating profit of $620,000 estimated for FYE23, the motel presents a lucrative investment opportunity.

6. Large landholding: The motel sits on a 7,499 sqm landholding, providing ample space for potential future development and expansion.

7. DA for expansion: The motel has a DA (Development Approval) for 34 additional rooms and a 50-bed bunkhouse, allowing for future growth and capitalization on increasing demand.

8. Expression of Interest sale: The motel is being sold via an Expression of Interest, providing potential buyers with the opportunity to submit their best offer and secure a highly sought-after property.

9. Strong growth potential: With its strategic location and potential for expansion, the McNevin's Logan Park Motel presents a strong growth potential for investors.

10. Established reputation: The motel has a well-established reputation and a loyal customer base, providing a solid foundation for future success.
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