Mount Isa, Queensland
Exceptional Quality buying, Low maintenance, Near new condition - 2834MF
FREEHOLD $6,500,000
Business Description
- Easily subdividable.
- 34 rooms - 4-star.
- 5 x Serviced Apartments incorporating five (5) x three (3) bedroom with two (2) bathroom serviced apartments / townhouses and lock up garages Lot 806.
- All rooms have a kitchenette, LCD televisions, Foxtel, Wi-fi and air conditioning.
- Highly reputable and well-established accommodation provider.
- Low maintenance cement render with metal roofing.
- The motel and apartments offers modern and well-maintained facilities, including spacious and comfortable guest rooms, a licensed bar and restaurant, conference rooms, and ample parking.
- Fully licensed with a separate bar, indoor and outdoor seating.
- Conveniently situated close to the city center, shopping precincts, restaurants, and Airport, making it an ideal choice for both business and leisure travelers.
- Numerous opportunities to expand and enhance the business, including developing additional accommodation options, enhancing marketing strategies, and capitalizing on economic growth and increasing visitor numbers.
- Major service centre.
- If you're in town in August, try and time your visit with the Rodeo, one of the largest in the world.
- Specifically designed by its owner who had travelled extensively throughout Queensland, NSW, the Northern Territory and Western Australia for more than thirty years. He incorporated all the features he believed a motel should have to provide the best accommodation for the business traveller to feal relaxed and at home.
Net Profit: $1,046,991 for 2023/24
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2834MF (quote when enquiring)
Property Code: 5095
Business Summary
Key Investment Insights
1. 34 room, 4-star motel and serviced apartment business for sale.
2. All rooms have modern amenities including kitchenettes, LCD televisions, Foxtel, Wi-fi, and air conditioning.
3. Highly reputable and well-established accommodation provider.
4. Low maintenance cement render with metal roofing.
5. Fully licensed with a separate bar, indoor and outdoor seating.
6. Conveniently located near the city center, shopping precincts, restaurants, and airport.
7. Numerous opportunities for business expansion and enhancement.
8. Major service center with potential for economic growth and increasing visitor numbers.
9. Hosts one of the largest rodeos in the world in August.
10. Specifically designed by owner with extensive travel experience to provide the best accommodation for business travelers.
11. Projected net profit of $1,046,991 for 2023/24.
12. Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
13. Property ID: 2834MF (quote when enquiring).
14. Property Code: 5095.
