Tin Can Bay, Queensland
Beach Location, Motel and Development Land Holding - 2111MF
FREEHOLD $3,550,000
Business Description
- Well presented 12 unit motel, all with kitchenettes.
- Great coastal location in the Tin Can Bay village on the QLD Coast.
- Located on fully landscaped 3,902 m2 block with development potential (STCA).
- Beautiful inground pool and barbeque facilities.
- Ideal for a couple young or old, very easy to operate.
- Land bank for the future or develop now, with potential for an additional 10-20 motel rooms or 10-15 Caravan/glamping sites (STCA).
- Large 3 bedroom home over two levels.
Adjusted Net Profit: $242,685 for 2024/25 (as provided by vendor)
Contact Richard O’Connell from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2111MF (quote when enquiring)
Property Code: 4992
Business Summary
Key Investment Insights
1. Well presented 12 unit motel, each unit equipped with kitchenettes, supporting self-catering guests and longer stays.
2. Adjusted Net Profit of $242,685 for 2024/25, as provided by the vendor, indicating current profitability.
3. Prime coastal location in the Tin Can Bay village on the Queensland coast, offering strong tourism appeal.
4. Property sits on a fully landscaped 3,902 m2 block, providing immediate curb appeal and usable outdoor space.
5. Significant development upside, land bank for future growth or immediate development potential, subject to council approval (STCA).
6. Stated development potential for an additional 10–20 motel rooms, or 10–15 caravan/glamping sites, subject to STCA, enabling scale and revenue expansion.
7. Beautiful inground pool and barbeque facilities, enhancing guest amenities and occupancies for leisure travellers.
8. Large three-bedroom home over two levels on-site, suitable for owner accommodation or rental income.
9. Operationally simple and low complexity, described as ideal for a couple, indicating manageable staffing and day-to-day operations.
10. Flexible investment proposition, combining operating business income with a landholding for capital appreciation or redevelopment.
