Mackay, Queensland
Exceptional Opportunity, Highly Reputable and Well-Established – 2121ML
UNDER OFFER
Business Description
We are delighted to present an exceptional opportunity to acquire the leasehold business of a highly reputable and well-established accommodation provider located in the vibrant city of Mackay.
With the Victorian style facade and main arterial road frontage and side street frontage, this property offers a high-visibility, 4-star opportunity and solid business. 37 plus rooms available, various configurations. (one four-bedroom area can be separated into four options, and one can be separated into two options) buying the business would be a solid strategic move because of the city’s robust, multi-sector economy and the property’s proves operational flexibility.
Key advantages:
- Prestigious street appeal and well recognised iconic property.
- A great base for various corporates for work.
- The property also caters well for families and tourists seeking to explore the regions natural beauty, and attractions like the Pioneer Valley, Finch Hatton Gorge and Eungella National Park.
- Situated on the southbound side Nebo Road (goes on to form part of the Bruce Highway), it is conveniently located minutes from the airport, railway station, hospital, CBD and major shopping centres.
Investors and workers, tourists and the like are drawn to Mackay strong demand drivers including a massive pipeline of over $1 Billion in development projects that ensure a steady flow of corporate and leisure travellers. The area services a considerable area and a significant number of existing and emerging developments, with strong mining and rural sector benefits as well as the traditional service sectors and tourists. This is an exceptional opportunity worthy of consideration.
- Prime Location: The property enjoys a strategic position in the heart of Mackay, just minutes away from the city center, beaches, shopping precincts, and the Mackay Airport.
- Well-Established Business: With years of successful operations it boasts a strong reputation for delivering excellent service and high-quality accommodation.
- Excellent Facilities: Modern facilities including a swimming pool, an onsite restaurant, and ample parking.
- Strong Financial Performance: Demonstrates a consistent record of financial success, with high occupancy rates and a steady stream of repeat business.
- Growth Potential: There are significant opportunities for further growth and expansion, including the potential to enhance marketing strategies, develop additional services, and capitalize on Mackay's growing tourism and business sectors.
Adjusted Net Profit: $493,333 for 2024/25 (as provided by the owner)
Owner seeking offers above $1.8M, all offers submitted
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2514ML (quote when enquiring)
Property Code: 5441
Business Summary
Key Investment Insights
1. Leasehold accommodation business, 4-star rating, with owner-stated Adjusted Net Profit of $493,333 for 2024/25.
2. Asking price benchmark, owner seeking offers above $1.8M, all offers to be submitted.
3. Property comprises 37-plus rooms with flexible configurations, including one four-bedroom area divisible into four options and another divisible into two options.
4. Distinctive Victorian-style façade with main arterial road frontage and side street frontage, offering high visibility and iconic street appeal.
5. Prime position on the southbound side of Nebo Road, minutes from Mackay Airport, railway station, hospital, CBD and major shopping centres.
6. Strong operational facilities, including a swimming pool, onsite restaurant and ample parking.
7. Established reputation with years of successful operations, high occupancy rates and a steady stream of repeat corporate and leisure guests.
8. Broad market appeal, serving corporates, families, tourists and workers linked to mining, rural and traditional service sectors.
9. Local demand drivers include a pipeline of over $1 billion in development projects, supporting sustained corporate and leisure traveller flow.
10. Proximity to regional attractions such as Pioneer Valley, Finch Hatton Gorge and Eungella National Park enhances tourist appeal.
11. Clear growth opportunities through enhanced marketing, development of additional services and capitalising on Mackay’s expanding tourism and business sectors.
