Torquay, Queensland
RARE COASTAL LEASEHOLD MOTEL IN BOOMING HERVEY BAY
$1,500,000
Business Description
Premier Business Sales is thrilled to present an exceptionally rare Coastal Leasehold Motel in booming Hervey Bay.
- Exceptional Leasehold Opportunity: a long 33-year lease and favourable rent of just $88,220 annually.
- Strong Financials: Healthy turnover of $539,596 (2023/2024), trending upwards, with 60% occupancy and room for growth.
- Prime Location: Situated on the Esplanade, directly across from Torquay Beach, and just a 500m stroll to the village centre. Perfect for business or leisure guests.
- Versatile Accommodation: 15 spacious, clean, and affordable rooms, including queen, twin, economy, and two-bedroom suites, catering to both leisure and business travellers.
- Lifestyle Appeal: Enjoy a relaxed coastal lifestyle while operating an easy-to-manage business in a desirable tourist hub.
- Outstanding Facilities: Saltwater swimming pool, On-site parking and laundry facilities, Across the road direct beach access
Hervey is a comfortable 3 and a 1/2 hour scenic drive from Brisbane and is located in the centre of the region known as Wide Bay. Qantas link fly from Brisbane with Jetstar flying from southern capitals.
Hervey Bay is the stepping-off location to the iconic heritage listed Fraser Island with its Resorts, natural beauty and geographical phenomena. Hervey Bay is also renowned for being the whale watching capital of Australia, with humpback whales migrating along the coast between June and October every year.
Don't miss this rare opportunity to own a successful leasehold motel business in a dream location!
Property Code: 1317
Business Summary
Key Investment Insights
Key Insights:
1. Exceptional leasehold opportunity with a long 33-year lease and favourable rent.
2. Strong financials with a healthy turnover and room for growth.
3. Prime location on the Esplanade, directly across from Torquay Beach and close to the village centre.
4. Versatile accommodation options catering to both leisure and business travellers.
5. Lifestyle appeal with a relaxed coastal setting.
6. Outstanding facilities including a saltwater swimming pool and on-site parking.
7. Hervey Bay is a popular tourist destination with easy access to Fraser Island and renowned for whale watching.
8. Opportunity for a sea-change and to enjoy a relaxed coastal lifestyle while running a successful business.
9. Limited competition in the area with potential for growth.
10. Strong tourism industry in the region, providing a steady flow of guests.
11. Potential for additional revenue streams such as tour bookings and packages.
12. Well-maintained and clean property with potential for further improvements.
13. Easy-to-manage business with potential for owner-operator or management team.
14. Opportunity for future capital growth in a booming area.
15. Rare opportunity to own a successful leasehold motel business in a dream location.
