Queensland
TRUE MONEY EARNER, SIGNIFICANT REDUCTION - 2834ML
REDUCED LEASEHOLD $1.5M
Business Description
- Modern build with motel constructed in 2006 and the Townhouses in 2014.
- Currently run under management with manager's wanting to stay.
- 34 room motel, office/ reception, restaurant (minimal), bar and manager's residence.
- 5 x 3 bedroom with 2 bathroom serviced apartments / townhouses each with lock up garages.
- 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 and all in excellent condition.
- 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.
- Very popular with corporate guests, government employees and quality tourists.
- 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 enhancing marketing strategies, and capitalizing on economic growth and increasing visitor numbers.
- Major service centre.
- New 30-year lease.
Adjusted Net Profit: $669,500 for 2024/25
Contact Michael from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2834ML (quote when enquiring)
Property Code: 5183
Business Summary
Key Investment Insights
1. Modern construction, motel built 2006 and townhouses built 2014, indicating relatively new, purpose-built accommodation stock.
2. Strong income demonstrated by adjusted net profit of $669,500 for 2024/25.
3. Large operating scale, 34-room motel plus five 3-bedroom, 2-bathroom serviced apartments/townhouses.
4. Townhouses include lock-up garages, adding secure guest parking and higher-yield accommodation options.
5. Business currently run under management, with existing managers wanting to stay, supporting operational continuity.
6. Onsite manager’s residence included, simplifying staffing and oversight.
7. Fully licensed property with separate bar, indoor and outdoor seating, and a minimal restaurant, enabling F&B revenue streams.
8. All rooms fitted with kitchenette, LCD television, Foxtel, Wi‑fi and air conditioning, supporting quality guest experience and longer-stay appeal.
9. Low-maintenance construction, cement render and metal roofing, all described as in excellent condition, reducing near-term capex risk.
10. Popular guest mix of corporate clients, government employees and quality tourists, indicating stable and potentially higher-yield demand.
11. Prime location close to the city centre, shopping precincts, restaurants and the airport, suitable for both business and leisure travellers.
12. Investment upside noted, including a new 30-year lease and explicit opportunities to expand marketing and capitalise on local economic and visitor growth.
