Emerald, Queensland

Freehold $1,890,000

Property Description

2599MF = As New High Quality Freehold Motel Excellent Returns

- As new 19 room single story Freehold Motel, built 2013.

- Accommodation only.

- High quality fit out - modern amenities.

- Presents superbly.

- Excellent town location.

- Minimal maintenance costs.

- Easy operated no meals.

- Growing occupancy.

- Good mix of clientele.

- 2 bedroom modern residence.

- Low rent ratio and above market return.

- Recommended this Freehold won’t be available for long.

Built in 2013 this modern 4 star, 19 room (single level) motel is situated in central Emerald. 50ms away from the Capricorn Highway and just a 5-minute walk to the main business centre and all that Emerald has to offer.

This quality motel presents as new, the rooms are of the highest standard, well-appointed and boast fully equipped kitchenettes. You cannot fail to be impressed as you walk or drive into this property.

The motel has been run under management previously.

With ongoing maintenance at an absolute minimum, low operational costs, increasing occupancy, this provides a genuine opportunity for a new owner operator to take this business to the next level.

The modern, spacious and comfortable two bedroom residence (on second level) that adjoins reception, has a large private kitchen, lounge, dining, bathroom, balcony and a private courtyard. The bedrooms have built in robes and all the rooms have ceiling fans and are air conditioned.

Emerald is a thriving rural service centre with a rural training college, a large number of farm machinery sales outlets, a huge irrigation dam and an airport. Population of approximately 15,000. Established in 1879 as the base for the railway line, it has slowly grown to be the major regional centre of the Central Highlands and the gateway to the Central Western district. The Capricorn hinterland contains the largest sapphire Gemfields in the world. Emerald grew very rapidly in the 1980s and 1990s as a dormitory town for major new coal mines in the Bowen Basin.

Net Profit: $276,779 for 2019 calendar year

Contact Mark Tuck from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2599MF (quote when enquiring)

Property Code: 3334

Property Summary

Motel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Marketing Agent


Marketing Agency

Tourism Brokers

Mark Tuck
Tourism Brokers

Phone

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Map Location ( get directions )

Emerald, Queensland 4720 Exact map location not provided

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