- Achieving in excess of 40% after addbacks (Detailed financials available).
- Food and Beverage only accounts for 13% of total Income.
- Occupancy rate 67% (FY21) with room to grow and add value.
- Secure long lease with low sustainable rental.
- 70% direct bookings with only 15% 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.
- 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.
- 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.
- 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.
Net Profit: $467,152 for 2021 Calendar Year
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2691ML (quote when enquiring)
Property Code: 4073