Queensland
True Money Earner - 2834ML
LEASEHOLD $1,800,000
Business Description
- Modern build with Motel constructed 2006 and the Townhouses 2014
- 34 room motel, office/ reception, restaurant, bar and managers residence.
- 5 x 3 bedroom with 2 bathroom serviced apartments / townhouses each with lock up garages.
- 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 enhancing marketing strategies, and capitalizing on economic growth and increasing visitor numbers.
- Major service centre.
Net Profit: $568,000 for 2023/24
Contact Michael from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2834MF (quote when enquiring)
Property Code: 5183
Business Summary
Key Investment Insights
1. Well-established and reputable accommodation provider with a strong track record of success.
2. Modern and well-maintained facilities, including spacious and comfortable guest rooms, a licensed bar and restaurant, and conference rooms.
3. Convenient location close to the city center, shopping precincts, restaurants, and airport, making it an ideal choice for both business and leisure travelers.
4. Additional income potential from 5 serviced apartments/townhouses with lock up garages.
5. Fully licensed with a separate bar, indoor and outdoor seating.
6. Opportunities for expansion and growth through effective marketing strategies and capitalizing on economic growth and increasing visitor numbers.
7. Low maintenance building with modern design and materials.
8. Strong net profit of $568,000 projected for 2023/24.
9. Located in a major service center with potential for increased demand for accommodation.
10. Motel and townhouses constructed in 2006 and 2014, respectively, ensuring modern and up-to-date facilities for guests.
