GREAT INVESTMENT OPPORTUNITY TO PURCHASE A MODERN EXCEPTIONALLY PRESENTED COMPLEX - 2775MF
(no street name provided), Emerald QLD 4720
FREEHOLD $6,750,000
BusinessSize: n/a
Opportunity to own the freehold and run a rapidly growing motel and apartment complex in the heart of the mining region in Central Queensland.
- 24 x 2 bedroom Apartments.
- 8 x 1 studio rooms.
- 16 x motels units (10 with spa).
- This recently renovated motel complex which contains a grand three-bedroom penthouse style living quarters (Either lease out or occupy) residence complete with resort style pool.
- Full commercial laundry.
- Massive 100kw solar system.
- Substantial 2 bedroom manager's residence.
- Underutilised 40 seat restaurant / Conference / Meeting area.
- Wide concrete path driveways.
- Low maintenance high exposure facility.
Over the past few years occupancy rates have greatly increased with net profit growing this year to over $863,000 per annum for the financial year and $960,000 expected for the Calendar year due to the strong flow through of not only from professionals visiting the area but also holiday makers passing through the region.
Standard room rates have been kept at affordable levels with room for further growth. With a 4.4 star rating and a town that has seen huge growth both residentially and commercially gives this investment opportunity the tick from all areas. Own and operate or employ managers to run this growing motel in the heartland of Queensland's booming industrial sector.
Net Profit: $863,073 for 2022/23
Contact Laurence Crowley from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2775MF (quote when enquiring)
Property Code: 4647
- 24 x 2 bedroom Apartments.
- 8 x 1 studio rooms.
- 16 x motels units (10 with spa).
- This recently renovated motel complex which contains a grand three-bedroom penthouse style living quarters (Either lease out or occupy) residence complete with resort style pool.
- Full commercial laundry.
- Massive 100kw solar system.
- Substantial 2 bedroom manager's residence.
- Underutilised 40 seat restaurant / Conference / Meeting area.
- Wide concrete path driveways.
- Low maintenance high exposure facility.
Over the past few years occupancy rates have greatly increased with net profit growing this year to over $863,000 per annum for the financial year and $960,000 expected for the Calendar year due to the strong flow through of not only from professionals visiting the area but also holiday makers passing through the region.
Standard room rates have been kept at affordable levels with room for further growth. With a 4.4 star rating and a town that has seen huge growth both residentially and commercially gives this investment opportunity the tick from all areas. Own and operate or employ managers to run this growing motel in the heartland of Queensland's booming industrial sector.
Net Profit: $863,073 for 2022/23
Contact Laurence Crowley from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2775MF (quote when enquiring)
Property Code: 4647
Inspections
No open inspections scheduled.
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Contact Laurence Crowley to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Business
Other Details
Property history
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Emerald suburb information
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SummaryMedian sales
Average Age
34 years
Population
14,904
Listing ID: 181744636. This listing has been viewed 1 time. It was first displayed on 03/07/2023 and last updated on 12/02/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.