Qld Coastal Major Regional City - 2124ml

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Queensland

UNDER CONTRACT

Key Features

AI generated. Contact seller to confirm.

35 ground floor units, all refurbished
Good on-site parking
Restaurant unused, convertible to residence
Close to centre, airport, hospital and beaches
Repeat clientele with consistent trading
Affordable rent with long-term lease

Turnover: $1,250,000+
Net Profit: $648,068 (2024/25)
Rent/Lease: New 30-year lease; rent amount not disclosed
Stock Value: Not disclosed
Established: Not disclosed

Business Details

Business Category Motel

LEASEHOLD MOTEL

- 35 ground floor units - all have been refurbished.

- Good parking

- Restaurant not in use - could easily be converted into a comfortable onsite residence or permanent letting.

- Local restaurants within walking distance.

- Close to city centre, airport, hospital and beaches.

- Repeat clientele

- Consistent trading figures - Turnover $1,250,000+

- Affordable rent with new 30-year lease.

- Inspections are encouraged but strictly by appointment.

Adjusted Net Profit: $648,068 for 2024/25

Contact Laurence Crowley from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2124ML (quote when enquiring)

Property Code: 5437