Mount Morgan, Queensland
SECURE A PASSIVE INVESTMENT IN THRIVING REGIONAL ROCKHAMPTON MARKET - 1067CPI
INVESTMENT $1,150,000 neg
Business Description
Tourism Brokers is pleased to offer to the market a well-established, easily managed business with a new 30-year lease (3 x 10-year options) 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.
- 5 acres
- Comfortable new residence (9 years old)
- Tourist Park - Central Qld
- Good improvements - 33 powered sites, 15 Cabins (3 self-contained Cabins , 6 Budget rooms , 6 well-appointed motel rooms)
- Guests Amenities including bathroom and laundry facilities
- Park is fully serviced and town water
- Expending Central Qld Town
- Rare Investment
Annual Rent: $80,000 plus GST
Contact Laurence Crowley from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1067CPI (quote when enquiring)
Property Code: 5351
Business Summary
Key Investment Insights
1. New 30-year lease with three 10-year options from settlement, providing long-term income security.
2. Annual rent of $80,000 plus GST, offering a stable, passive revenue stream.
3. Set on 5 acres, with 3.5 acres developed and 1.5 acres spare, enabling potential expansion or alternative uses.
4. Strong on-site infrastructure, described as good improvements and fully serviced with town water.
5. Diverse accommodation mix supporting multiple market segments, comprising 33 powered sites and 15 cabins.
6. Cabin breakdown includes 3 self-contained cabins, 6 budget rooms, and 6 well-appointed motel rooms, allowing premium and economy pricing.
7. On-site guest amenities include bathroom and laundry facilities, supporting operational efficiency and guest satisfaction.
8. Comfortable residence on site, 9 years old, suitable for on-site manager or owner use.
9. Location in Mount Morgan within the Rockhampton region, positioned for major growth due to the revival of the Mount Morgan gold mine driving long-term accommodation demand.
10. Marketed as an easily managed, rare investment opportunity with clear upside to further increase income.
