Hervey Bay, Queensland

Leasehold $400,000

Property Description

2547ML - Location, Lifestyle, Opportunity

- Beautiful Seafront Location

- Long 26 Year Lease

- 37 Room easy to look after motel

- Great opportunity for owner operators to increase the bottom line

- Possibility to open or lease out the unused licensed restaurant

- 3 bedroom residence

- Walk to club, restaurants, cafes and Urangan Pier

- Fast Developing area with state-of-the-art hospital, airport, schools major shopping centres

- Opportunity awaits come and have a look

The location, situated in the picture perfect seafront position at Hervey Bay is the Urangan Motor Inn. This 37 room bed and breakfast motel has much to offer a new or experienced owner operator.

Looking for an opportunity, well here it is. With a long 26 year lease in place and a favourable rent there’s plenty of room to push up the occupancy, on sell tours and, open or lease out the licensed restaurant that is currently closed. All will add to the bottom line of this business.

There is an unused licensed restaurant with seating for 80 people. The restaurant kitchen is of a good size with commercial appliances and a cold room. There is even a small shop that is rented out that brings an additional return.

All rooms are well equipped and have spilt system Air conditioners, flat screen televisions and new mattresses. Accordingly maintenance issues are at a minimum.

The motel presents well with a good mix of rooms, salt water pool and spa, ample parking and an easy walk to the local club, restaurants, cafes and of course the famous Urangan Pier.

Owner operators have the opportunity here to add value everywhere you look.

Currently run under management

There is a three bedroom residence to set up home in so take the opportunity and make it happen.

Hervey Bay is a fast developing area, a fantastic tourist destination and a great place to live.

Net Profit: $137,656 for 12 months

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

Property ID: 2547ML (quote when enquiring)

Property Code: 2972

Property Summary

Motel Information

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

Marketing Agent


Marketing Agency

Tourism Brokers

Mark Tuck
Tourism Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Hervey Bay, Queensland 4655 Exact map location not provided

Similar Properties

SCARNESS
2204ML - Idyllic Seafront Location with...

Leasehold $495,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Tourism Brokers

HERVEY BAY
SOLD - Beachfront Motel, 35 Year Lease, 30%...

Leasehold $499,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

CRE Brokers

SCARNESS
HERVEY BAY LEASEHOLD MOTEL WITH EXTRA LONG...

Under Contract / Offer
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

A B Brokers

URANGAN
Beachside Motel Lease

$399,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Motel Sales Specialist