Mount Morgan, Queensland
SECURE A LONG-TERM LEASEHOLD IN A THRIVING REGIONAL MARKET - 1067CPL
LEASEHOLD $525,000
Business Description
Tourism Brokers is pleased to offer to the market a well-established, easily managed business with a new 25-year lease from settlement and rent of $80,000 + GST.
Set on 5 acres (3.5 acres developed, 1.5 acres spare), the park features strong infrastructure, multiple accommodation options, and potential to further increase income. Mount Morgan is poised for major growth, with the revival of the Mount Morgan gold mine set to drive accommodation demand for decades to come.
Features include:
- 6 motel units, 6 budget rooms, 3 cabins, 33 powered and 9 unpowered sites,
- 2 camp kitchens,
- shed/workshop,
- sprinkler system and town water,
- and a modern owner’s residence (9 years old).
A lifestyle business with long-term stability and room to grow - this is your chance to secure a profitable leasehold in one of Queensland’s most promising regional towns.
Adjusted Net Profit: $140,000 for 2024/25
Contact Laurence Crowley from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1067CPL (quote when enquiring)
Property Code: 5343
Business Summary
Key Investment Insights
1. New 25 year lease from settlement provides long term tenure and operational stability, rent $80,000 plus GST.
2. Adjusted Net Profit $140,000 for 2024/25 indicates an established, profitable operation.
3. Set on 5 acres, with 3.5 acres developed and 1.5 acres spare, offering scope for expansion or additional revenue streams.
4. Diverse accommodation mix includes 6 motel units, 6 budget rooms, 3 cabins, 33 powered sites and 9 unpowered sites, supporting varied guest segments.
5. Two camp kitchens and multiple site types enhance appeal to touring and family markets, increasing occupancy flexibility.
6. Strong on site infrastructure with a shed/workshop, sprinkler system and town water, reducing immediate capital upgrade needs.
7. Modern owner’s residence, 9 years old, supports on site management and lifestyle ownership.
8. Positioned in Mount Morgan, Queensland, a regional town poised for major growth driven by the revival of the Mount Morgan gold mine, implying long term uplift in accommodation demand.
9. Described as easily managed and a lifestyle business, suitable for owner operators seeking hands on management with steady returns.
10. Clear potential to increase income through development of the 1.5 acre spare area and optimisation of existing accommodation mix.