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. The business for sale is a 34-room, 4-star motel with 5 serviced apartments.
2. The motel and apartments are in near-new condition and require low maintenance.
3. All rooms have modern amenities such as kitchenettes, LCD televisions, Foxtel, Wi-fi, and air conditioning.
4. The business is highly reputable and well-established in the accommodation industry.
5. The building is made of low maintenance cement render with metal roofing.
6. The business offers a licensed bar and restaurant, conference rooms, and ample parking.
7. The location is conveniently situated near the city center, shopping precincts, restaurants, and the airport.
8. There are opportunities to expand and enhance the business, including developing additional accommodation options and improving marketing strategies.
9. The business is located in a major service center and benefits from economic growth and increasing visitor numbers.
10. The town hosts a popular Rodeo event in August, attracting a large number of visitors.
11. The motel was specifically designed by its owner, who drew on their extensive experience in the accommodation industry to create a comfortable and welcoming environment for business travelers.
12. The projected net profit for 2023/24 is $1,046,991.
13. Interested buyers can contact Michael Philpott from Tourism Brokers for more information or to arrange an inspection.
14. The property ID for this listing is 2834MF.
