Queensland
LONG TERM LEASE AND ESTABLISHED PROVEN TENANT - 2834MI
SOLD
Business Description
- Highly reputable and well-established accommodation provider.
- Modern build with Motel constructed 2006 and the Townhouses 2014.
- 34 room motel, office/ reception, restaurant (minimal), bar and manager’s residence.
- 5 x three-bedroom with two-bathroom serviced apartments / townhouses each with lock up garages.
- Fully licensed with a separate bar, indoor and outdoor seating.
- Very popular with corporate guests, government employees and quality tourists.
- Low maintenance cement render with metal roofing and all in exception condition.
- 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.
Annual Rent: $400,000 plus GST
Contact Michael from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2834MI (quote when enquiring)
Property Code: 5202
Business Summary
Key Investment Insights
1. New 30-year lease in place, providing long-term income security.
2. Established, reputable tenant with a proven operating history.
3. Modern construction, motel built 2006 and townhouses added 2014.
4. Accommodation mix of 34 motel rooms plus five three-bedroom, two-bathroom serviced apartments with lock-up garages.
5. Includes office/reception, manager’s residence, and a minimal restaurant offering potential for growth.
6. Fully licensed property with separate bar, indoor and outdoor seating, supporting F&B revenue.
7. Low-maintenance cement render and metal roofing, described as in exceptional condition.
8. Strong demand profile, popular with corporate guests, government employees and quality tourists.
9. Convenient location close to the city centre, shopping precincts, restaurants and the airport.
10. Positioned in a major service centre, supporting consistent occupancy and corporate bookings.
11. Annual rent $400,000 plus GST, providing a clear headline income figure.
12. Identified opportunities to expand marketing and capitalise on economic growth and increasing visitor numbers.
