Queensland
Exceptional Quality buying, Low maintenance, Near new condition - 2834MF
FREEHOLD $6,500,000
Business Description
- Easily subdividable.
- 34 rooms - 4-star.
- 5 x Serviced Apartments incorporating five (5) x three (3) bedroom with two (2) bathroom serviced apartments / townhouses and lock up garages Lot 806.
- All rooms have a kitchenette, LCD televisions, Foxtel, Wi-fi and air conditioning.
- Highly reputable and well-established accommodation provider.
- Low maintenance cement render with metal roofing.
- The motel and apartments offers modern and well-maintained facilities, including spacious and comfortable guest rooms, a licensed bar and restaurant, conference rooms, and ample parking.
- Fully licensed with a separate bar, indoor and outdoor seating.
- Conveniently situated close to the city center, shopping precincts, restaurants, and Airport, making it an ideal choice for both business and leisure travelers.
- Numerous opportunities to expand and enhance the business, including developing additional accommodation options, enhancing marketing strategies, and capitalizing on economic growth and increasing visitor numbers.
- Major service centre.
- If you're in town in August, try and time your visit with the Rodeo, one of the largest in the world.
- Specifically designed by its owner who had travelled extensively throughout Queensland, NSW, the Northern Territory and Western Australia for more than thirty years. He incorporated all the features he believed a motel should have to provide the best accommodation for the business traveller to feal relaxed and at home.
Adjusted Net Profit: $1,069,500 for 2024/25
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2834MF (quote when enquiring)
Property Code: 5095
Business Summary
Key Investment Insights
1. 34-room 4-star property, providing substantial accommodation capacity and mid-upper market positioning.
2. Includes five serviced apartments, each three-bedroom, two-bathroom with lock-up garages, enhancing revenue mix and appeal to families or longer-stay guests.
3. All rooms feature kitchenette, LCD television, Foxtel, Wi‑fi and air conditioning, supporting self-contained stays and modern guest expectations.
4. Modern, well-maintained facilities including licensed bar and restaurant, conference rooms and ample parking, supporting multiple revenue streams.
5. Fully licensed operation with separate bar and indoor and outdoor seating, enabling food and beverage income and event hosting.
6. Low-maintenance construction with cement render and metal roofing, reducing ongoing capital expenditure and upkeep.
7. Near-new condition and easily subdividable, offering near-term operational reliability and potential property configuration or sale flexibility.
8. Convenient central location close to the city centre, shopping precincts, restaurants and the airport, attractive to both business and leisure travellers.
9. Situated in a major service centre and near a globally significant annual event, the Rodeo, supporting strong seasonal and year-round demand.
10. Owner-designed property with features tailored to business travellers, implying thoughtful layout and guest-focused amenities.
11. Strong financial performance, adjusted net profit of $1,069,500 for 2024/25, indicating attractive cashflow for investors.
