Rockhampton City, Queensland
2615ML - HIGH QUALITY DUAL INCOME BUSINESS IN PRIME CBD LOCATION
SOLD
Business Description
- Prime CBD location overlooking the Fitzroy River and in the riverside precinct.
- 28 high quality, well-appointed rooms.
- Award winning Restaurant (Travellers Choice Winner 2020 – Awarded by Tripadvisor).
- Superbly presented corporate motel with many repeat clients.
- Highly regarded and award-winning Motel and Restaurant providing dual revenue streams.
- 30 year Lease.
- Strong accommodation area.
- 90 seat restaurant (Restaurant 98) open to the public.
- Excellent staff in place.
- Genuine opportunity to increase turnover and the bottom line.
- Call for an inspection.
Situated on the banks of the Fitzroy river, centrally located in the heart of the CBD and within the riverside precinct sits this high quality, award winning 28 unit motel and the highly regarded Restaurant-98.
The motel has established itself over the years with many guests and organisations as the place to stay in town.
All of the rooms are very well appointed, spacious and comfortable and presented in excellent order, ensuring a very low maintenance scenario for a new owner.
The landscaped gardens, outdoor pool and entertaining area provide a welcoming and comfortable environment that guests enjoy and continually return to.
Without doubt one of the best motels and restaurants in town. You cannot fail to be impressed as you walk or drive into this property.
The dual income stream business offers a genuine opportunity for a couple to owner operate and improve the bottom line going forward. The 30-year lease ensures time won’t be an issue here.
The Beef City of Rockhampton is a modern throwback to the heydays of Queensland’s colonial past, offering all your cosmopolitan conveniences in a contemporary riverside setting.
A great business in a strong accommodation town, this one is worth taking the time for an inspection.
Net Profit $223,705 for 2018/19 and $82,906 for 2019/20
Contact Mark Tuck from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2615ML (quote when enquiring)
Property Code: 3398
Business Summary
Key Investment Insights
1. Prime CBD location overlooking the Fitzroy River and in the riverside precinct.
2. 28 high quality, well-appointed rooms.
3. Award winning Restaurant (Travellers Choice Winner 2020 – Awarded by Tripadvisor).
4. Superbly presented corporate motel with many repeat clients.
5. Highly regarded and award-winning Motel and Restaurant providing dual revenue streams.
6. 30 year Lease.
7. Strong accommodation area.
8. 90 seat restaurant (Restaurant 98) open to the public.
9. Excellent staff in place.
10. Genuine opportunity to increase turnover and the bottom line.
11. Situated on the banks of the Fitzroy river, centrally located in the heart of the CBD and within the riverside precinct.
12. Established as the place to stay in town with many guests and organisations.
13. Well-appointed, spacious and comfortable rooms in excellent condition.
14. Low maintenance scenario for a new owner.
15. Landscaped gardens, outdoor pool and entertaining area provide a welcoming and comfortable environment for guests.
16. One of the best motels and restaurants in town.
17. Dual income stream business with opportunity for owner operation and improvement.
18. 30-year lease provides ample time for growth and success.
19. Located in the cosmopolitan and contemporary Beef City of Rockhampton.
20. Strong accommodation town with potential for further growth.
21. Net Profit of $223,705 for 2018/19 and $82,906 for 2019/20.
