Mitchell, Queensland
Rare Renovated 27 Room Freehold Going Concern Motel in Regional Queensland
$4,500,000
Business Description
Exclusively presented by Ras360 Property Solutions, this unique freehold going concern motel opportunity is offered for sale for the first time in 95 years. This 4-star, 27-room boutique accommodation property offers stylish country-style lodging, blending modern luxury with a "country meets city" aesthetic. Set on a generous 3,395m² block, the property features five full brick buildings, incorporating 27 guest rooms, a fully operational restaurant and bar, a spacious 4-bedroom, 2-bathroom manager's residence, a commercial laundry, pool, BBQ area, and ample parking with bus and truck access.
With minimal local competition, the property is highly regarded and has experienced consistent revenue growth year after year since renovations began 3 years ago. It has been the recipient of government tenders for guaranteed bookings, totalling thousands of room nights, in addition to a strong pipeline of group bookings from long-term tradespeople, tour buses, and leisure travellers. These factors contribute to its ongoing success and make it an attractive purchase with long-term growth potential.
The restaurant and bar on the property, which seats 250 guests, has been extensively refurbished, complete with a brand-new, commercial-grade kitchen featuring a walk-in freezer, cool room, and bar refrigerated room. The venue accommodates corporate functions, events, and casual dining, making it a versatile space for a range of business opportunities. This is a rare chance to acquire a well-established, profitable property in the hospitality sector with substantial future potential.
Ras360 – Specialists in Motels | Hotels | Pubs | Parks | Management Rights
Business Summary
Key Investment Insights
1. Unique opportunity to acquire a freehold going concern motel in regional Queensland.
2. Property has been in operation for 95 years and is being offered for sale for the first time.
3. 4-star boutique accommodation with 27 stylish country-style guest rooms.
4. Generous 3,395m² block with five full brick buildings.
5. Fully operational restaurant and bar with seating for 250 guests.
6. Extensively refurbished with a brand-new commercial-grade kitchen.
7. Accommodates corporate functions, events, and casual dining.
8. Strong revenue growth since renovations began 3 years ago.
9. Minimal local competition.
10. Recipient of government tenders for guaranteed bookings.
11. Strong pipeline of group bookings from long-term tradespeople, tour buses, and leisure travellers.
12. Highly regarded property with ongoing success and long-term growth potential.
13. Rare chance to acquire a well-established, profitable property in the hospitality sector.
14. Versatile space for a range of business opportunities.
15. Offered for sale by Ras360 Property Solutions, specialists in motels, hotels, pubs, parks, and management rights.