Miles, Queensland

7 year old Freehold Going Concern with commanding Street appeal | Resort Brokers ID : FH006887

$1,800,000

Property Description

Exclusive to ResortBrokers is the opportunity to purchase a Freehold Going Concern with multiple income opportunities. The architecture designed structure has multiple uses and would be excellent for an owner operator or as an add on to other accommodation businesses in Miles. Listed at less than real estate value with a holding income from longer term rentals within the energy sector. The current operation is limiting itself to a small portion of the available market share. The overnight, short term accommodation market is un-tapped, providing instant growth for experienced operators. The main road location and commanding street appeal, will attract new business with the introduction of new signage and an online presence. Convert to overnight accommodation and reap the rewards quickly.



  • Can be strata titled

  • Short or long term letting

  • Huge upside to convert to a motel

  • DA approved as a motel

  • 7 year old building at less than Real Estate Value

  • Current holding income

  • Excellent location & street appeal

  • Commercial tenant for office space

  • Property inspections are by appointment only

Date updated: 05 Dec 2021 22:00:10

Property Summary

Business Snapshot

Price: $1,800,000 Net Profit: $62,000

Motel Information

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