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Lifestyle Opportunity, Historic Town, Tourism Booming in Region
Exciting opportunity to purchase a freehold motel in Winton, one of Queensland’s most historic outback towns and home of “Waltzing Maltida”. Banjos Overnight and Holiday Units is a freehold motel located on a near level 2529m2 corner site within the township of Winton, around 170km North-West of Longreach. It features 8 self-contained units, outdoor swimming pool, BBQ area, a coin-operated laundry, 3 Bedroom Manager’s residence and an Office.
Very popular area with attractions including the Australian Age of Dinosaurs, the Dinosaur Stampede National Monument, the Waltzing Matilda Centre and a myriad of events and festivals. The motel accommodates both holidaymakers and workers.
Business Highlights:
- 2018 Profit to owner $132K
-2019 Profit to owner $140K
-2020 Profit to Owner $104K (Covid affected)
-Lifestyle Opportunity, friendly clientele
-Can be run by one person
-Full Occupancy April – October
-Easy to run, no skills or experience required
-Opportunity to increase room rates
-Freehold Property on large 2529m2 level block
The business would suit an individual or couple looking for an “Outback” change, a predictable income and the security of owning the property. Alternatively, this opportunity will suit someone looking for a cash-flow positive property/business investment in the world-famous Queensland Outback.
Price Reduction: $770,000, Walk in Walk Out including fully furnished freehold property (excluding furniture in manager’s residence).