True Money Earner, Significant Reduction - 2834ml
Queensland
SOLD
Key Features
AI generated. Contact seller to confirm.
- 34 room motel with reception and minimal restaurant
- Five 3-bedroom, two-bathroom serviced townhouses
- Manager currently in place and wanting to stay
- Fully licensed with separate bar and indoor outdoor seating
- Popular with corporate, government and quality tourists
- Convenient location close to city centre and airport
- Turnover: Not disclosed
- Net Profit: $669,500
- Rent/Lease: New 30-year lease
- Stock Value: Not disclosed
- Established: Motel 2006; Townhouses 2014
Business Details
Business Category Motel
- Modern build with motel constructed in 2006 and the Townhouses in 2014.
- Currently run under management with manager's wanting to stay.
- 34 room motel, office/ reception, restaurant (minimal), bar and manager's residence.
- 5 x 3 bedroom with 2 bathroom serviced apartments / townhouses each with lock up garages.
- All rooms have a kitchenette, LCD televisions, Foxtel, Wi-fi and air conditioning.
- Highly reputable and well-established accommodation provider.
- Low maintenance cement render with metal roofing and all in excellent condition.
- The motel and apartments offers modern and well-maintained facilities, including spacious and comfortable guest rooms, a licensed bar and restaurant, conference rooms, and ample parking.
- Fully licensed with a separate bar, indoor and outdoor seating.
- Very popular with corporate guests, government employees and quality tourists.
- Conveniently situated close to the city center, shopping precincts, restaurants, and Airport, making it an ideal choice for both business and leisure travelers.
- Numerous opportunities to expand and enhance the business enhancing marketing strategies, and capitalizing on economic growth and increasing visitor numbers.
- Major service centre.
- New 30-year lease.
Adjusted Net Profit: $669,500 for 2024/25
Contact Michael from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2834ML (quote when enquiring)
Property Code: 5183
- Currently run under management with manager's wanting to stay.
- 34 room motel, office/ reception, restaurant (minimal), bar and manager's residence.
- 5 x 3 bedroom with 2 bathroom serviced apartments / townhouses each with lock up garages.
- All rooms have a kitchenette, LCD televisions, Foxtel, Wi-fi and air conditioning.
- Highly reputable and well-established accommodation provider.
- Low maintenance cement render with metal roofing and all in excellent condition.
- The motel and apartments offers modern and well-maintained facilities, including spacious and comfortable guest rooms, a licensed bar and restaurant, conference rooms, and ample parking.
- Fully licensed with a separate bar, indoor and outdoor seating.
- Very popular with corporate guests, government employees and quality tourists.
- Conveniently situated close to the city center, shopping precincts, restaurants, and Airport, making it an ideal choice for both business and leisure travelers.
- Numerous opportunities to expand and enhance the business enhancing marketing strategies, and capitalizing on economic growth and increasing visitor numbers.
- Major service centre.
- New 30-year lease.
Adjusted Net Profit: $669,500 for 2024/25
Contact Michael from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2834ML (quote when enquiring)
Property Code: 5183
What's Nearby
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This business is somewhat unique and has no similar competition in this region, category or price bracket.
