Taroom, Queensland
Rare Opportunity: A Thriving Hospitality Gem - 2862MF
SOLD
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 Tourism Brokers for further information or to arrange an inspection.
Property ID: 2862MF (quote when enquiring)
Property Code: 5123
Business Summary
Key Investment Insights
1. Prime location in the heart of Taroom, a growing tourism destination and industrial hub.
2. Fully renovated and popular motel complex with 14 modern and well-appointed rooms.
3. Private balconies in each room offering comfort and charm to guests.
4. Strong reputation and consistent patronage, making it a proven performer in the region.
5. Recent upgrades including a 40KW solar system, pool upgrade, new linen stock, modern flooring, and laundry upgrade.
6. Turnkey property with strong income potential and operational efficiency.
7. Perfectly positioned to capitalize on Taroom's thriving tourism and industrial sectors.
8. Rare opportunity for experienced operators or first-time investors to enter the hospitality market.
9. Net profit of $204,045 projected for 2023/24.
10. Contact Tourism Brokers for further information or to arrange an inspection.
