Mount Isa, Queensland
LONG TERM LEASE AND ESTABLISHED PROVEN TENANT - 2834MI
INVESTMENT $5,000,000
Business Description
- Highly reputable and well-established accommodation provider.
- Modern build with Motel constructed 2006 and the Townhouses 2014.
- 34 room motel, office/ reception, restaurant, bar and manager’s residence.
- 5 x three-bedroom with two-bathroom serviced apartments / townhouses each with lock up garages.
- Fully licensed with a separate bar, indoor and outdoor seating.
- Low maintenance cement render with metal roofing.
- 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 enhancing marketing strategies, and capitalizing on economic growth and increasing visitor numbers.
- Major service centre.
Annual Rent: $382,000
Contact Michael from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2834MI (quote when enquiring)
Property Code: 5202
Business Summary
Key Investment Insights
1. Established and reputable accommodation provider with a long-term lease in place.
2. Modern and well-maintained property with a mix of motel rooms and serviced apartments.
3. Fully licensed with a separate bar and restaurant, providing additional revenue streams.
4. Convenient location close to city center, shopping, and airport, making it attractive to both business and leisure travelers.
5. Potential for expansion and growth through marketing strategies and capitalizing on economic growth and increasing visitor numbers.
6. Located in a major service center, providing a steady flow of customers.
7. Low maintenance property with cement render and metal roofing.
8. Manager's residence on-site for added convenience.
9. Annual rent of $382,000 provides a steady income for the owner.
10. Property ID: 2834MI, making it easy for interested buyers to inquire about the listing.
