Rosslea, Queensland
LARGE PROFITABLE LEASEHOLD MOTEL, IN FNQ LARGEST CITY - 2324ML
SOLD
Business Description
- Exceptional 30-unit Motel with 18 years left on Lease.
- Strong and even growth for the last five years.
- Many major works and property improvements have been undertaken by the leasee.
- Enjoys a strong level of loyal and good repeat guests.
- All ground floor units with ample parking.
- Wide range of room styles to cater for both short term and long-term clientele.
- Long Standing and Loyal staff to assist with transition.
- 2 bedrooms plus residence above reception
- City living opportunity with solid business and offerings.
- Well-located on the major motel circuit in Queensland’s third largest city.
This Motel presents an opportunity for new owners to reap the benefits of all the hard work put in by the existing owners and enjoying a solid long lease. The Motel enjoys relatively high occupancy and room rates and presents in excellent condition.
Email Laurence for Property inspections which are by appointment only.
Adjusted Net Profit: $497,000 ++ for 2024/25
Contact Laurence Crowley from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2324ML (quote when enquiring)
Property Code: 5311
Business Summary
Key Investment Insights
1. 30-unit leasehold motel with 18 years remaining on the lease, providing long-term tenure security for a buyer.
2. Adjusted net profit of $497,000++ for 2024/25, indicating strong current profitability.
3. Strong and even growth over the past five years, evidencing reliable revenue momentum.
4. Relatively high occupancy and room rates, supporting robust cash flow and yield.
5. Significant capital improvements completed by the lessee, property presents in excellent condition.
6. All ground-floor units with ample parking, enhancing guest convenience and operational efficiency.
7. Wide range of room styles tailored to both short-term and long-term clientele, diversifying revenue streams.
8. Strong level of loyal and repeat guests, signalling solid market positioning and customer retention.
9. Long-standing, loyal staff in place, facilitating a smooth operational transition for new owners.
10. On-site 2-bedroom residence above reception, enabling owner-operator accommodation or on-site management.
11. Well-located on the major motel circuit in FNQ’s largest city and Queensland’s third largest city, offering strong location appeal and visibility.
