Mount Morgan, Queensland
SECURE A LONG-TERM LEASEHOLD ONLY 30 MINUTES FROM ROCKHAMPTON - 1067CPL
UNDER OFFER
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 is a rural town located in the Rockhampton Region 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 - only 30 minutes from Rockhampton.
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. 25-year lease from settlement provides long-term tenure and operational certainty for incoming operator, leasehold only transaction.
2. Rent set at $80,000 plus GST offers predictable occupancy cost for financial planning.
3. Adjusted Net Profit of $140,000 for 2024/25 demonstrates existing profitability and cash flow.
4. Property located 30 minutes from Rockhampton, positioned to capture regional demand and services for a major regional centre.
5. Mount Morgan town revival driven by the gold mine redevelopment indicates sustained, long-term uplift in accommodation demand.
6. 5-acre site with 3.5 acres developed and 1.5 acres spare allows for immediate operations and scope for expansion or additional income streams.
7. Diverse accommodation mix includes 6 motel units, 6 budget rooms, 3 cabins, 33 powered sites and 9 unpowered sites, supporting multiple market segments.
8. On-site facilities such as two camp kitchens, shed/workshop, sprinkler system and town water enhance guest experience and reduce maintenance constraints.
9. Modern owner’s residence only nine years old provides comfortable onsite housing for owners or managers.
10. Described as well-established and easily managed, consistent with a lifestyle business profile that offers operational simplicity and room to grow.