2443ml - Sea Change Lifestyle Awaits - 40% Return On Investment

Business For Sale Sarina, Queensland 4737

Business Category Motel

LEASEHOLD $570,000

Description

2443ml - Sea Change Lifestyle Awaits - 40% Return On Investment

This well-presented Central Queensland Motor Inn has has everything; Sea Change, Lifestyle, proximity to Domestic Airport, Hospitals and Shopping Centres.

Sarina is at the southern end of Mackay, where the start and end of the Mackay ring road winds its way past Mackay. The Motel is strategically located to take both north and southern bound corporate and tourist guests.

The main key factors for your sea change include:


- Tropical beach lifestyle.

- Solid and consistent income with potential for growing the restaurant.

- Long term lease expiring 30th June 2037.

- Low annual rent of $120,000 per annum.

- Located on the main highway.

- Great 40 % return on investment.

- Ec onomic Prosperity from major Industries such as Coal, Sugar, Agribusiness, and Cattle.

Included in the motel lease sale:

- Generous two bedroom manager’s residence.

- 16 rooms, all with new bathrooms, some with new curtains and all in excellent condition.

- Large and spacious commercial kitchen.

- Fully licensed bar and 60-seat restaurant (120 people for stand-up cocktails) and coffee shop.

- Generous reception and guest relaxation area.

- A retail shop adjacent to the restaurant which has previously been leased for $250 per week.

The motor inn has corporate contracts in place for accommodation and meals, has a healthy amount of repeat trade and an enthusiastic local population that love to dine where they can enjoy local farm to plate experience.

Net Profit: $ 184,517 for 9 months to March 30, 2022; $232,000 projected for full year 2021/22

Contact Antonio Curulli from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2443ML (quote when enquiring)

Location: Sarina is the second-largest urban centre in the Mackay region. Located 34 kilometres south of Mackay on the Bruce Highway, Sarina is a major centre within the Mackay Regional Council Local Government area. It has a very laid back atmosphere, with several beautiful beaches with great fishing located within a short commute. Sarina's town centre is a blend of natural country charm, while having developed into a thriving business area.

Key industries in the area include sugar cane (growing and milling), cattle grazing and agriculture. Primarily built around the sugar industry, the Sarina district is now home to two of the largest coal terminals in Australia - Hay Point and Dalrymple Bay. Proximity to the coast and mountains also attracts tourists to this area. The Sarina area is well positioned to capitalise on the considerable growth occurring in the Mackay region.

Sarina possesses a number of strategic assets that can be leveraged to assist in the development and delivery of future economic opportunities such as: existing industry, location, affordability and lifestyle.

Property Code: 4140

Motel Information

  • Restaurant Facilities
  • Liquor Licence
  • Restaurant
  • Lease: -
Contact Seller
Antonio Curulli

Bsale ID: 583014
Broker REF: tourismbrokers_50_101

Tourism Brokers
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