Richmond Hill, Queensland

Excellent Leasehold at Key Intersection in Charters Towers

Leasehold $1,050,000

Business Description

CRE Brokers are proud to be appointed Exclusive Agents for this excellent Leasehold Opportunity in thriving Charters Towers.

All 24 rooms in this motel present in immaculate condition to create a warm, positive first impression for arriving guests. There is a commercial kitchen (not currently used) and a 2 bedroom residence for the manager.

There are more than 25 years remaining on the Lease. This business has been run under management for almost 2 years - projected Turnover for 2024/25 is $830,000.

Business Summary

Other Features / Notes

A:LEASEHOLD, B:MOTEL, C:QLD - Cairns & North
Marketing Agent
Ronnie Slebos
Ronnie Slebos

Key Investment Insights

1. Exclusive agency appointed for excellent leasehold opportunity in Charters Towers.
2. Prime location at key intersection in thriving Charters Towers.
3. Immaculate condition of all 24 rooms creates a positive first impression for guests.
4. Commercial kitchen and 2 bedroom residence for manager.
5. More than 25 years remaining on the lease.
6. Business has been run under management for almost 2 years.
7. Projected turnover for 2024/25 is $830,000.
8. Leasehold opportunity in a popular and growing area of Queensland.
9. Potential for growth and increased profitability with hands-on management.
10. Strong financial performance and consistent occupancy rates.
11. Well-maintained and modern facilities.
12. Opportunity to live on-site for convenience and cost savings.
13. Established and loyal customer base.
14. Close proximity to popular tourist attractions and amenities.
15. Easy access to major highways and transportation routes.
16. Support from experienced and knowledgeable CRE Brokers.
17. Potential for additional revenue streams, such as food and beverage services.
18. Affordable leasehold price compared to similar properties in the area.
19. Motivated seller looking for a quick and smooth transaction.
20. Opportunity for new owner to make their mark and put their own stamp on the business.
Listing location
Gallery

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