Substantial Leasehold Hotel Motel Opportunity - 142hl

Substantial Leasehold Hotel Motel 662942 1

Substantial Leasehold Hotel Motel 662942 2

Substantial Leasehold Hotel Motel 662942 3

Blackwater, Queensland 4717

SOLD

Key Features

AI generated. Contact seller to confirm.

36 low-set motel rooms
15 high-performing poker machines
Double-lane drive-through bottle shop
Public bar, bistro, alfresco beer garden
Conference/function rooms for up to 300
Undercover parking and 1.55 hectare site

Turnover: $Accommodation $800,000; Bottle shop $2,300,000; Gaming $800,000; Restaurant $1,700,000; Bars $2,600,000
Net Profit: $1,100,000 (projected for 2024/25)
Rent/Lease: Not disclosed
Stock Value: Not disclosed
Established: Current lease to 2031, options extend to 2051

Business Details

Business Category Hotel

- Located in Central Queensland.

- Current lease term to 2031 with options to 2051.

- 1.55 Ha.

- High performing gaming machines - 15 poker machines.

- 36 low-set motel rooms.

- Undercover parking.

- Double-lane drive-through bottle shop - recently renovated.

- Public bar, bistro and alfresco/beer garden.

- Conference/functions rooms for up to 300.

Departmental income Breakup:

Accommodation $800,000

Bottle shop Turnover $2,300,000

Gaming Net Revenue $800,000

Restaurant $1,700,000

Bars - $2,600,000

Freehold could be acquired subject to negotiation.

Adjusted Net Profit: $1,100,000 projected for 2024/25 (as provided by vendor)

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

Property ID: 142HL (quote when enquiring)

Property Code: 5193