Queensland
Coastal Freehold Motel
Freehold $1,295,000
Business Description
* 12 ground floor motel units that have been renovated and present well
* Comfortable 2 bedroom residence behind reception
* Includes inground swimming pool and BBQ area
* No food preparation - accommodation only
* Solid brick/block construction
* Approx 1,800sqm corner site on main road with exposure to large amount of traffic
* Five minute drive to beautiful tropical beaches.
* Occupancy circa 68% FY24 YTD
* Easily operated by one person or a couple thereby offering a great lifestyle for the owner
* High Net Profit with an excellent ROI available
Queensland Tourism & Hospitality Brokers (QTHB) has compiled this information from sources we believe to be reliable, however QTHB does not give any warranty as to the accuracy, error or omission of information, if any. Interested parties should rely on their own enquiries.
Business Summary
Motel Information
Total Rooms: 12Restaurant: NoSale Type: Freehold
Key Investment Insights
1. The motel has 12 recently renovated ground floor units, making it attractive to potential buyers looking for a modern and well-maintained property.
2. The property also includes a comfortable 2 bedroom residence located behind the reception area, providing convenience for the owner or manager.
3. The motel features an inground swimming pool and BBQ area, which can be appealing to guests and add value to their stay.
4. The business does not involve food preparation, which can be a plus for buyers who are not interested in managing a restaurant or kitchen.
5. The motel is built with solid brick/block construction, ensuring durability and low maintenance costs for the new owner.
6. The property is located on a corner site of approximately 1,800sqm on a main road, providing high visibility and exposure to a large amount of traffic.
7. The motel is only a five-minute drive to beautiful tropical beaches, making it an attractive destination for tourists.
8. The motel has a current occupancy rate of approximately 68% for the financial year 2024 year-to-date, indicating a steady stream of guests and potential for growth.
9. The business can be easily operated by one person or a couple, offering a desirable lifestyle for the owner.
10. The motel has a high net profit and offers an excellent return on investment for potential buyers.
