Key Investment Insights
AI generated. Confirm details with the seller.
1. Modern build, motel constructed in 2006 and townhouses added in 2014, indicating relatively recent infrastructure and finishes.
2. Total accommodation offering of 34 motel rooms plus five 3-bedroom, 2-bathroom serviced townhouses each with lock-up garages, providing diversified revenue streams.
3. All rooms equipped with kitchenette, LCD TV, Foxtel, Wi‑Fi and air conditioning, supporting extended-stay and corporate guests.
4. Currently operated under management, with existing managers wanting to stay, enabling continuity of operations post-acquisition.
5. Fully licenced property with separate bar, indoor and outdoor seating and a minimal restaurant, adding F&B revenue potential.
6. On-site conference facilities and ample parking, appealing to corporate and group bookings.
7. Property in excellent condition with low-maintenance cement render and metal roofing, reducing immediate capex requirements.
8. Strong established reputation, described as a highly reputable and well-established accommodation provider with popularity among corporate guests, government employees and quality tourists.
9. Convenient location close to the city centre, shopping precincts, restaurants and the airport, supporting both business and leisure demand.
10. Major service centre status, implying steady demand drivers and regional catchment advantages.
11. New 30-year lease in place, offering long-term tenancy/security benefits for the owner.
12. Attractive adjusted net profit of $669,500 for 2024/25, with identified opportunities to expand through enhanced marketing and capitalising on economic and visitor growth.