Mitchell, Queensland
Rare Renovated 27 Room Freehold Going Concern Motel in Regional Queensland
SOLD
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. Rare freehold going concern offered for sale for the first time in 95 years, indicating unique market scarcity.
2. 27-room, 4-star boutique motel with renovated “country meets city” aesthetic, appealing to mid-to-upmarket guests.
3. Recent three-year renovation program delivering consistent year-on-year revenue growth.
4. Minimal local competition, enhancing market share and pricing power.
5. Government tenders provided guaranteed bookings totalling thousands of room nights, supplying stable contracted revenue.
6. Strong pipeline of group bookings from long-term tradespeople, tour buses and leisure travellers, indicating diversified demand streams.
7. Large 3,395m2 site comprising five full-brick buildings, enabling operational separation and future expansion options.
8. Onsite restaurant and bar seating 250, recently refurbished to support corporate functions, events and casual dining revenue.
9. Brand-new commercial-grade kitchen with walk-in freezer, cool room and bar refrigerated room, supporting high-volume F&B operations.
10. Included 4-bedroom, 2-bathroom manager’s residence and commercial laundry, strengthening onsite management and operational efficiency.
11. Guest amenities include pool and BBQ area, enhancing leisure appeal and guest experience.
12. Ample parking with bus and truck access, supporting group travel and large-event logistics, reinforcing the property’s versatility and growth potential.
