72 Bowen Road, Rosslea, Queensland
LEASEHOLD MOTEL FOR LESS THAN THE COST OF A HOUSE!!! MAKE AN OFFER TODAY.
SOLD
Business Description
We are pleased to have been appointed to market the leasehold interest of the Banjo Paterson Motor Inn located in Townsville, North Queensland.
The Motel comprises 25 rooms over various configurations and also offers a very well presented onsite Restaurant. Although the Restaurant is open to the public, it caters mainly to in house guests.
The Motel is located on the busy Bowen Road strip. It is very close to all sporting fields and facilities that bring large numbers of guests to the region.
Townsville is also home to the “ Grooving the Moo” music festival and of course, the V8 races in July.
Adani have recently been granted approval to proceed with their mining interests and are planning to locate their Head Office in Townsville.
The construction of the long awaited stadium is also about to commence.
Business Summary
Key Investment Insights
1. Prime location on busy Bowen Road strip
2. Close proximity to sporting fields and facilities
3. High potential for increased business during major events such as music festival and V8 races
4. Adani's presence in the region could bring in potential business opportunities
5. Upcoming construction of a new stadium in the area
6. Well-maintained and presented onsite restaurant
7. 25 rooms with various configurations
8. Potential for growth and expansion of business
9. Opportunity to purchase at a lower cost than a house
10. Ideal for someone looking to enter the hospitality industry or expand their current portfolio.
