Queensland
QLD Coastal Major Regional City - 2124ML
LEASEHOLD $2,200,000
Business Description
- 35 ground floor units - all have been refurbished.
- Good parking
- Restaurant not in use - could easily be converted into a comfortable onsite residence or permanent letting.
- Local restaurants within walking distance.
- Close to city centre, airport, hospital and beaches.
- Repeat clientele
- Consistent trading figures - Turnover $1,250,000+
- Affordable rent with new 30-year lease.
- Inspections are encouraged but strictly by appointment.
Adjusted Net Profit: $648,068 for 2024/25
Contact Laurence Crowley from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2124ML (quote when enquiring)
Property Code: 5437
Business Summary
Key Investment Insights
1. Coastal major regional city location in QLD, providing strong tourism and local demand.
2. 35 ground floor units, all refurbished, offering turnkey accommodation and accessibility.
3. Good parking, supporting guest convenience and higher occupancies.
4. Unused restaurant area, easily convertible into a comfortable onsite residence or additional permanent letting, adding asset flexibility.
5. Proximity to city centre, airport, hospital and beaches, enhancing appeal to leisure and business travellers.
6. Local restaurants within walking distance, increasing guest experience without additional investment.
7. Repeat clientele, indicating established market reputation and steady demand.
8. Consistent trading figures, with turnover exceeding $1,250,000, demonstrating revenue stability.
9. Strong profitability, with Adjusted Net Profit of $648,068 for 2024/25.
10. Affordable rent under a new 30 year lease, providing long term cost certainty and investment security.
11. Inspections encouraged by appointment, suggesting controlled access and an organised sale process.
