Mount Isa City, 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. Established and reputable accommodation provider with a strong track record of success.
2. Diversified income streams with a combination of 34 room motel and 5 serviced apartments/townhouses.
3. Modern and well-maintained facilities, including spacious and comfortable guest rooms, a licensed bar and restaurant, and conference rooms.
4. Convenient location close to the city center, shopping precincts, restaurants, and airport.
5. Potential for further growth and expansion through marketing strategies and capitalizing on economic growth and increasing visitor numbers.
6. Fully licensed with a separate bar and indoor and outdoor seating.
7. Low maintenance building with cement render and metal roofing.
8. Manager's residence on-site for added convenience.
9. Strong net profit of $568,000 projected for 2023/24.
10. Located in a major service center with potential for steady and consistent demand.
