Rockhampton City, Queensland

SOLID 25 ROOM MOTEL ON LARGE COMMERCIAL DEVELOPMENT BLOCK - 2741MF

FREEHOLD $2,200,000

Business Description

Key property features:

- 25 well-appointed motel rooms of varying size and configurations.

- Off street parking for motel guests including large vacant area for trucks.

- Sort after main road location with two street frontages.

- Rapid growth area with strong investment and industry.

- Long term opportunity to expand or develop site.

- Continue as solid 3-star motel or upgrade and increase rate and occupancy.

- Opportunity for continuous business growth.

This 25-room motel is on the main entry road to Rockhampton city. Opportunity to upgrade the motel or develop. All guest rooms have all amenities and facilities, and the large site has future expansion or develop potential.

The motel has now recovered from a slow COVID-19 period and has a regular contractor and tradie following. Close to all amenities and only five minutes drive to the centre of town.

Set over 1 acre of land, the motel has six main buildings with all rooms having under cover parking and dual street access.

The property features an in-ground pool, large vacant lot, and ample storage. The commercial kitchen and dining area is currently not in use, but if reopened could offer an additional revenue stream.

Net Profit: $179,671 for 2021/22

Contact Richard O'Connell from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2741MF (quote when enquiring)

Property Code: 4387

Business Summary

Marketing Agent
Richard O'Connell
Richard O'Connell

Key Investment Insights

1. Prime location on the main entry road to Rockhampton city with two street frontages.
2. 25 well-appointed motel rooms of varying size and configurations.
3. Off-street parking for motel guests including a large vacant area for trucks.
4. Rapidly growing area with strong investment and industry.
5. Long-term opportunity to expand or develop the site.
6. Potential to upgrade and increase rates and occupancy.
7. Opportunity for continuous business growth.
8. Recovered from a slow COVID-19 period and has a regular contractor and tradie following.
9. Set over 1 acre of land with six main buildings and dual street access.
10. Features an in-ground pool, large vacant lot, and ample storage.
11. Commercial kitchen and dining area could offer an additional revenue stream if reopened.
12. Net profit of $179,671 for 2021/22.
13. Contact Richard O'Connell from Tourism Brokers for further information or to arrange an inspection.
14. Property ID: 2741MF (quote when enquiring).
15. Property Code: 4387.
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