Key Investment Insights
AI generated. Confirm details with the seller.
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.
