Mackay, Queensland
Exceptional Opportunity, Highly Reputable and Well-Established – 2121ML
OFFERS ABOVE $1.8M
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 in Mackay with a Victorian style façade and high-visibility main arterial and side street frontage.
2. 4-star positioning offering 37-plus rooms with flexible configurations, including one four-bedroom area convertible into four options and another convertible into two.
3. Established, reputable operator with years of successful operations, high occupancy rates and a steady stream of repeat business.
4. Adjusted Net Profit of $493,333 for 2024/25 as provided by the owner.
5. Owner seeking offers above $1.8M, indicating the price expectation and scope for negotiation.
6. Prime, central location on southbound Nebo Road, which forms part of the Bruce Highway, minutes from the airport, railway station, hospital, CBD and major shopping centres.
7. Strong location appeal for corporates, families and tourists due to proximity to beaches, Pioneer Valley, Finch Hatton Gorge and Eungella National Park.
8. Operational strengths include modern facilities such as a swimming pool, onsite restaurant and ample parking.
9. Strategic demand drivers include Mackay’s robust multi-sector economy, strong mining and rural sector benefits, and a development pipeline exceeding $1 billion.
10. Clear market diversity with appeal to investors, corporate travellers, workers and leisure tourists, supporting year-round demand.
11. Proven operational flexibility and strategic acquisition rationale for buyers seeking exposure to Mackay’s growing tourism and business sectors.
12. Growth potential through enhanced marketing, development of additional services and capitalising on regional development and tourism growth.