Queensland
QLD Coastal Major Regional City - 2124ML
UNDER CONTRACT
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 Queensland city location, close to city centre, airport, hospital and beaches.
2. 35 ground floor units, all recently refurbished, offering immediate turnkey accommodation inventory.
3. Ground floor configuration enhances accessibility and operational simplicity.
4. Good parking on site, supporting guest convenience and drive-in clientele.
5. Onsite restaurant currently not in use, easily convertible to an onsite residence or permanent letting, providing operational flexibility.
6. Local restaurants within walking distance, supplementing guest dining options.
7. Established repeat clientele, indicating customer loyalty and demand stability.
8. Consistent trading figures, reported turnover in excess of $1,250,000.
9. Strong adjusted net profit of $648,068 for 2024/25, demonstrating healthy profitability.
10. Affordable rent in place with a new 30-year lease, supporting long-term cost stability and investment security.
11. Inspections by appointment only, contact Laurence Crowley at Tourism Brokers and quote Property ID 2124ML for further information.
