Queensland

QLD Coastal Major Regional City - 2124ML

UNDER CONTRACT

Business Description

LEASEHOLD MOTEL

- 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

Marketing Agent

Laurence Crowley

0418 88....

Tourism Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. Coastal major regional city location, close to city centre, airport, hospital and beaches.
2. 35 ground-floor units, all recently refurbished, supporting modern guest appeal and low room-access issues.
3. Consistent trading performance, reported turnover of $1,250,000+.
4. Strong profitability, adjusted net profit $648,068 for 2024/25.
5. Good on-site parking, enhancing guest convenience and appeal to motorists.
6. Restaurant currently not in use, offering immediate conversion potential into an onsite residence or permanent letting.
7. Repeat clientele, indicating established market demand and customer loyalty.
8. Affordable rent structure with a new 30-year lease, providing long-term cost certainty.
9. Proximity to local restaurants within walking distance, adding guest amenity without onsite operation.
10. Leasehold motel offering an owner-operator model with flexible asset use due to available restaurant space.
11. Inspections encouraged but strictly by appointment, suggesting controlled access and established broker process.
12. Broker contact provided, Laurence Crowley from Tourism Brokers, Property ID 2124ML and Property Code 5437 for enquiries.