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. Long-term income security with a new 30-year lease from settlement, plus three 10-year options, providing predictable cashflow.
2. Guaranteed annual rent of $80,000 plus GST, establishing a clear investor return baseline.
3. Passive management profile emphasised as a well-established, easily managed business suitable for investors.
4. Significant land holding of 5 acres, with 3.5 acres developed and 1.5 acres spare, allowing room for expansion or alternative uses.
5. Diverse accommodation mix including 33 powered sites and 15 cabins, comprising 3 self-contained cabins, 6 budget rooms, and 6 well-appointed motel rooms, supporting multiple revenue streams.
6. On-site residential asset, a comfortable 9-year-old residence, which can support on-site management or be leased.
7. Essential guest facilities provided, including bathroom and laundry amenities, enhancing guest experience and occupancy potential.
8. Park is fully serviced with town water, indicating reliable utilities and lower infrastructure upgrade risk.
9. Location in Mount Morgan within the Rockhampton region positioned for major growth, with the revival of the Mount Morgan gold mine expected to drive long-term accommodation demand.
10. Market positioning described as a rare investment in Central Queensland, signalling limited comparable opportunities and potential buyer interest.
