Taroom, Queensland

Rare Opportunity: A Thriving Hospitality Gem - 2862MF

FREEHOLD $1,850,000

Business Description

Don’t miss this exceptional chance to own a fully renovated and highly popular motel complex in the heart of Taroom. The motel boasts 14 beautifully updated rooms, each featuring private balconies, offering comfort and charm to both locals and travelers. With its strong reputation and consistent patronage, this property is a proven performer in the region’s growing tourism market.

Recent Upgrades (Last 12 Months):

- $65,000 Investment: 40KW solar system with a 25KW battery, significantly reducing energy costs and enhancing sustainability.

- Pool Upgrade: New chlorinator and sand filter for the pool, ensuring a refreshing experience for guests.

- Linen Stock: $6,000 worth of brand-new, boxed linen ready for use.

- Modern Flooring: New carpets installed in the spacious 3-bedroom owner’s residence and the restaurant (currently not in use).

- Laundry Upgrade: New commercial washing machines and dryers, boosting operational efficiency.

This turnkey property is perfectly positioned to capitalize on Taroom’s thriving tourism and industrial sectors. Whether you’re an experienced operator or a first-time investor, the property offers a rare blend of modern amenities, recent upgrades, and strong income potential.

Act Now - Secure Your Future in Hospitality!

Net Profit: $204,045 for 2023/24

Contact Laurence Crowley from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2862MF (quote when enquiring)

Property Code: 5123

Business Summary