Motel, owners are Motivated to sell. EASY TO RUN LEASEHOLD MOTEL IN BOOMING COLLINSVILLE QLD.
- Well-established, easy-to-manage thriving resources town.
- Comprising 24 well-maintained rooms popular with corporate clients and short-term stays.
- Long-term investment with a 25-year remaining lease.
- Highly attractive investment in high growth town.
- Exceptionally maintained property upholding a high standard.
- Strategically located adjacent to the Collinsville showgrounds and adjoins.
- Situated in a resource-rich town with significant development activity in alternative power options.
- Effortless management with a well-structured property.
- Inspections are by appointment only.
Combined Accommodation Turnover greater
$216,154 (GST excl) 2023 July – December (6 months - as provided by vendor)
$389,219 (GST excl) 2022/23 as provided by vendor (Refer Accountants Figures)
Heaps of room for growth with huge projects coming online soon that should double the accommodation income.
Significant projects happening in the area and mining they has 35+ year of known available resources available for supply plus additional areas.
Regardless of if you’re a starter or a proven operator, this has significant upside and a strong existing business. It is worthy of your closest consideration and a comprehensive information package is available.
Will be the centre of a $20 billion renewable energy and ammonia/hydrogen project worth billions led by Korea Zinc’s Ark Energy in Townsville. Creation of over 6800 jobs during the construction phase and over 600 permanent jobs for the local region once operational. Investment of over $7.5 billion · Support Queensland's goal of 70% renewable energy by 2032. A reduction in greenhouse gas emissions.
Net Profit: Provided with financials.
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2825ML (quote when enquiring)
Property Code: 4951
