Outstanding Money Maker With Proven Performance - 2691ml

- Achieving in excess of 36% after addbacks (Detailed financials available).

- Food and Beverage only accounts for 11% of total Income.

- 89% Occupancy for 2022/23 FY to date with room to grow and add value. .

- Secure long lease with low sustainable rental.

- 65% direct bookings with only 20% OTA (Expedia and Booking.com) and 15% GDS.

- Exceptional quality 4 star Motel brilliantly positioned on main road with a strong business profile and street presence. Star rating assessment completed November 2022 with strong 4 star rating retained.

- 40 executive rooms ideal for corporate and leisure alike. Mix includes self-contained apartments and executive suites. All rooms are spacious and well appointed.

- Well diversified marketing mix with exceptionally high return loyal business.

- Resort style pool.

- Fantastic, licensed restaurant and bar with alfresco area overlooking pool (Outdoor and indoor seating areas). Generally, inhouse guests only.

- Conference area is well serviced and spacious with direct access off reception and rear access from kitchen and restaurant areas.

- Currently fully run under management with a team that would like to stay on for the longer term and continue to bolster the business. Exceptional quality long term and reliable staff.

- Rendered block construction under tile roof.

- Rare, huge four bedroom executive/family size residence with private balcony. Direct access off reception, behind counter and seperate access area as well.

- Popular location, 5 minutes to the airport, hospital, and CBD with 200m walk to shopping services. Stroll to the Mackay town centre in just 30 minutes.

- A business you will be proud to own with upgrade works recently completed.

Net Profit: $536,959 for 2021/22

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2691ML (quote when enquiring)

Property Code: 4293