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