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.
Net Profit: $1,046,991 for 2023/24
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. Near‑new condition and low maintenance construction, featuring cement render and metal roofing, reducing immediate capital expenditure and upkeep.
2. Easily subdividable site, offering asset flexibility and potential real estate value extraction.
3. 34-room, 4‑star rating providing scale and mid‑upper market positioning.
4. Five serviced apartments comprising three‑bedroom, two‑bathroom units with lock‑up garages, broadening revenue mix and appealing to longer‑stay guests or families.
5. All rooms equipped with kitchenettes, LCD televisions, Foxtel, Wi‑fi and air conditioning, supporting guest comfort and higher room rates.
6. Modern, well‑maintained facilities including a licensed bar and restaurant, conference rooms, and ample parking, enabling multiple revenue streams (F&B, events, conferencing).
7. Fully licensed venue with separate bar and indoor and outdoor seating, enhancing dining and entertainment offerings.
8. Prime location close to the city centre, shopping precincts, restaurants and the airport, attractive to both business and leisure travellers.
9. Located in a major service centre and proximate to a large annual event (August rodeo), providing reliable demand drivers and seasonal peaks.
10. Strong financial performance with reported net profit of $1,046,991 for 2023/24, indicating robust cash flow.
11. Clear growth opportunities, including adding accommodation, enhancing marketing and capitalising on regional economic and visitor growth.
12. Owner‑designed property tailored to business travellers’ needs, suggesting thoughtful operational layout and guest experience features.
