Torquay, Queensland

BEAUTIFUL BEACHFRONT MOTEL LEASE IN HERVEY BAY

SOLD

Business Description

We are pleased o offer the leasehold interest of the Tower Court Motel.

The Motel enjoys an enviable position on the Esplanade in Hervey Bay directly opposite the Beach.

There are a 15 rooms that have recently been renovated and the Motel caters for Corporate travellers and families alike.

Current owners came out of retirement to operate this Motel and now it is time to sell. This presents a great opportunities for a new operator to benefit some from some good marketing.

All suites and rooms are air conditioned and have a kitchenette equipped with a microwave, refrigerator, kitchenware and tea/coffee making facilities. Each room has a TV and private bathroom.

Upon request, Tower Court Hervey Bay is pet-friendly. It offers free luggage storage and has a guest laundry. The tour desk books Fraser Island tours, whale-watching cruises and fishing charters, Lady Elliott Island tours and holidays.

Business Summary

Marketing Agent

Key Investment Insights

1. Prime location on the Esplanade in Hervey Bay, directly opposite the beach.
2. Recently renovated with 15 rooms, catering to both corporate travelers and families.
3. Opportunity for new operator to benefit from improved marketing.
4. All rooms are air conditioned and equipped with kitchenettes.
5. Pet-friendly upon request.
6. Additional services such as free luggage storage and guest laundry.
7. Tour desk available for booking popular local attractions.
8. Potential for growth in the tourism industry in Hervey Bay.
9. Opportunity for new owner to put their own stamp on the business.
10. Established customer base and positive reviews.
11. Potential for increased revenue through upselling and additional services.
12. Flexible lease terms and potential for negotiation.
13. Strong potential for profitability and return on investment.
14. Opportunity for new owner to live and work in a beautiful beachfront location.
15. Potential for expansion and development of the business.
Listing location

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Motels For Sale

You may also like

Opportunity to own the Leasehold to this motel & restaurant in regional Nanango | Resort Brokers ID : LH007589
ResortBrokers
Opportunity to own the Leasehold to this...

NANANGO

$389,900 + SAV

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

OWNER SAYS SELL - 2040ML
Tourism Brokers
OWNER SAYS SELL - 2040ML

NANANGO

REDUCED LEASEHOLD $379,000

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

Beachfront Leasehold Motel & Tourist Park
Lifestyle Park in Premium Gippsland Location - 1P4512
Two Mile Hotel Leasehold Sale
LARGE CORPORATE LEASEHOLD MOTEL! - 2304ML
BYRON BAY RESORT WITH RARE 20 YEAR AGREEMENTS | Resort Brokers ID : MR008046
Exclusive Dual Key Resort in Cairns Beaches
ResortBrokers offers an exclusive high-yield investment Motel in Central QLD | Resort Brokers ID : INV008036
Profitable, low-maintenance Management Rights business in Cairns CBD | Resort Brokers ID : MR008041
Outstanding Short-Stay Opportunity - Huge $495k+ Net Profit at 4.4x Multiplier  | Resort Brokers ID : MR008042
BOUTIQUE FREEHOLD - TRIFECTA OF BUSINESSES WITH HUGE POTENTIAL FOR EXPANSION | Resort Brokers ID : FH008029
SOLID MR BUSINESS AT A MULTIPLIER OF 2.3x NET PROFIT IN EXCESS OF $200K | Resort Brokers ID : MR008032
1st time to market in over a decade freehold motel in Hamilton, VIC | Resort Brokers ID : FH007999
Super High Return $315,000 – ID 9116
Freehold Going Concern of a large motel property in Parkes | Resort Brokers ID : FH007986
Profitable Backpacker for Sale in Greymouth
Amaroo Holiday Park - 1P5915
Birchip Motel & Caravan Park, VIC - 1P0347
5 hectare River Front Park offering brand new lease