Tin Can Bay, Queensland

Arguably the Best Coastal Leasehold Opportunity on the Cooloola Coast | Resort Brokers ID : LH009249

$1,490,000

Business Description

Sleepy Lagoon Motel is a standout coastal accommodation business in the heart of Tin Can Bay, offering a rare combination of scale, presentation, and long-term lease security. The property features 24 self-contained cabin-style rooms, complemented by two two/three-bedroom duplex villas and a classic three-bedroom house, delivering a diverse and highly flexible accommodation mix suited to multiple market segments.

Ideally positioned in the centre of town, the motel is perfectly placed for guests exploring the Cooloola Coast, Double Island Point and Fraser Island. Its strong location supports consistent trading performance with repeat clientele.

At Sleepy Lagoon Motel, much of the hard work has already been done. Significant ongoing capital improvements have been undertaken, including seven bathroom upgrades completed this year, enhancing both the property’s presentation and guest experience while reinforcing its strong trading performance.

The property also includes a well-appointed two-bedroom owner’s residence with interconnecting reception and office, providing operational efficiency and ease of management. Additional features include a private barbecue courtyard, covered carparking, and secure electric-gated access.

- Strong coastal tourism location with consistent year-round visitor demand
- 24-room motel presenting as a turnkey operation
- Reliable casual staff pool
- Huge growth opportunity in a highly desirable coastal location
- Diverse accommodation mix including motel rooms, duplex villa and separate house for groups
- Ongoing capital upgrades, including seven bathroom refurbishments completed this year
- Upside potential with multiple letting options
- Established trading history supported by strong occupancy and repeat guests
- Flexible operational model suited to owner-operators or passive investors
- Strong repeat clientele across corporate, trade and leisure markets
- Excellent asset presentation with minimal immediate capital expenditure required
- Tightly held coastal market with limited local competition and strong long-term appeal
- Long lease in place
Date updated: 12 Jun 2026 23:00:02