Rosslea, Queensland
LARGE PROFITABLE LEASEHOLD MOTEL, IN FNQ LARGEST CITY - 2324ML
LEASEHOLD $1,550,000
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 a long lease of 18 years remaining.
2. Adjusted Net Profit $497,000++ for 2024/25, indicating strong current earnings.
3. Strong and even growth over the past five years, signalling positive revenue trajectory.
4. Many major works and property improvements completed by the lessee, reducing immediate capital expenditure for a new owner.
5. Enjoys relatively high occupancy and room rates, property presents in excellent condition.
6. Strong level of loyal and repeat guests, supporting stable demand and revenue.
7. Long-standing and loyal staff available to assist with transition, preserving operational continuity.
8. All ground floor units with ample parking, enhancing guest convenience and accessibility.
9. Wide range of room styles suited to both short-term and long-term clientele, diversifying revenue streams.
10. Includes a 2-bedroom residence above reception, providing on-site owner accommodation or rental potential.
11. Well-located on the major motel circuit in Far North Queensland’s largest city, noted in the listing as Queensland’s third largest city, supporting strong market exposure.
