Freehold Investment Motel with commanding views of Warwick - 1P45062M
SOLD
Business Description
CRE Brokers are pleased to be appointed as the Exclusive Agency for the Country Rose Motel Freehold Investment. Positioned since 1993 at the entrance to Warwick, the regional administrative centre of the Southern Downs.
The motel has recent renovations to rooms and is only two minutes away from the centre of town. Site facilities include: swimming pool; BBQ area.
Business performance underpinned by corporate, maintenance and visiting guests. Attractions include: the annual Warwick Show in March; Jumpers and Jazz in July; the Sprint Route held each August; Warwick Rodeo held on the last weekend each October; the active Motor Sport precinct with twenty-eight weekend events throughout the year; Warwick Turf Club hosting eight events per year, there is much to attract visitors.
Key insights for this business for sale listing include:
1. Prime location: The Country Rose Motel is located at the entrance to Warwick, a regional administrative centre in Southern Downs. This prime location provides easy access for guests and is close to the town centre.
2. Freehold investment: The sale includes the freehold investment of the motel, giving the buyer complete ownership of the property and land. This provides a great opportunity for long-term investment and potential for future development.
3. Recent renovations: The motel has recently undergone renovations to its rooms, ensuring they are modern and well-maintained. This will attract guests looking for a comfortable and updated accommodation option.
4. Site facilities: The motel offers a range of on-site facilities including a swimming pool and BBQ area. These amenities add value to the guest experience and can attract more bookings.
5. Diverse customer base: The business has a diverse customer base including corporate, maintenance, and visiting guests. This provides a steady stream of income throughout the year.
6. Local attractions: Warwick is home to various annual events and attractions, including the Warwick Show, Jumpers and Jazz festival, and Warwick Rodeo. These events attract visitors and provide a boost to the business.
7. Motor sport and turf club events: The active motor sport precinct and Warwick Turf Club also attract visitors to the area, providing potential for increased bookings and revenue.
8. Potential for growth: With the growing tourism industry in the region, there is potential for the business to expand and increase its revenue. The freehold investment also allows for potential development opportunities.
9. Established business: The Country Rose Motel has been operating since 1993 and has a strong reputation in the local area. This provides a solid foundation for new owners to continue and grow the business.
10. Commanding views: The motel offers commanding views of Warwick, providing a unique and attractive selling point for guests. This can help attract more bookings and increase the value of the property
