2640MF - 15.5% ROI, FREEHOLD MOTEL, WATERFRONT LOCATION, LIFESTYLE, EXCELLENT RETURNS

SOLD

High quality 22 room 3.5 star Best Western branded motel.
Ocean front / esplanade location (walk to the sea).
Growth location area.
Excellent trading motel with mix of corporate and family guests, currently run under management.
Large spacious, well-appointed and comfortable rooms (average 30sqm), in excellent order.
30 seat restaurant (currently unused), commercial kitchen and licensed bar.
Easy walk to town centre and RSL.
Completely repainted inside with all new beds, curtains, fridges.
Minimal ongoing maintenance.
Dual street frontage.
Possible future high-rise site.
Call for an inspection you will not be disappointed.

On offer is the freehold going concern of one Hervey Bay’s best motels. The 22 room, two storey, 3.5 star motel has established itself over the years with many guests and organisations as the place to stay.

Situated on the seafront esplanade and opposite Pialba Bay Beach and Seafront Oval, just 5 minutes’ walk from local shops, the RSL and cafes.

This welcoming motel is spotless and offers a genuine opportunity for; a couple to owner operate, install a management team or sell a lease and benefit from the continual growth this area generates.

The 22 air-conditioned rooms are large (average 30sqm), extremely well presented and well-appointed with high quality furniture, fixtures and fittings.

All rooms have been repainted, have new beds, curtains and fridges. Thus, providing a very low maintenance scenario for a new owner.

Guests enjoy access to the saltwater plunge pool, Foxtel, free WiFi and room service meals. In addition, there is a currently unused 30 seat licensed restaurant and bar. You cannot fail to be impressed as you walk or drive into this property.

Hervey Bay is a continually developing area, with its own airport, hospitals, major shopping areas and of course it is the gateway to Fraser Island and the whale watch capital of the world.

There is also the long-term potential for this land area to be a high rise site given its position. A great place to live, and a great business to own.

Come and take a look, you won’t be disappointed.

Net Profit: $435,042 Projected for 2020/21

Contact Mark Tuck from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2640MF (quote when enquiring)

Price	SOLD
Location	Pialba
Property ID	2640MF
Category	Motel

Quick Links

Confidentiality Agreement

1. Personal Information

Please enter your first name. Please enter your last name.

Please enter your email address.

This is not a valid email. An email must contain the @ symbol.

Please enter your Phone number.

A vaild phone number requires at least 10 digits.

Please enter address.

Please enter suburb.

Please enter postcode.

TOURISM BROKERS CLIENT CONFIDENTIALITY AGREEMENT

IMPORTANT MESSAGE TO ALL PROSPECTIVE PURCHASERS AND LESSEES

If you are a genuine Prospective Purchaser or Lessee, and you would like to obtain additional information in respect of any listing ofTourism Brokers it is a requirement that you agree to this Confidentiality Agreement below in order to request information on a property. Tourism Brokers will respect the discreet nature of your enquiry, as we do for all our clients.

To: Tourism Brokers Pty Ltd & Tourism Brokers (QLD) Pty Ltd trading asTourism Brokers
Centralised Administration 32 - 34 Lamorna Avenue
Beecroft NSW 2119

Ph: 1300 512 566 (International +61 2 9872 9943)
Fax: 1300 571 479 (International +61 2 9872 1464)

Email: sales@tourismbrokers.com.au

Having declared in general principle, that I/we have a genuine interest in Tourism Brokers listing/s, I/we now request that, in your capacity as broker for the Vendor, you supply us with a copy of a current “Information Memorandum” (the “Memorandum”) or similar, describing the requested listing/s in further detail. I/we undertake that the Memorandum or similar additional information, will be used for no purpose other than to assist me/us in determining whether I/we/our client wish to purchase or lease the said business/property listed. [note, if you are a professional adviser or similar acting on behalf of a client or some third party, you are required to nominate your client’s name below]. I/we agree that the Memorandum and any other information or material made available to us (written, verbal or otherwise) via Tourism Brokers or the Vendor or their Solicitors, will remain strictly confidential.

To maintain the confidentiality of the information and material made available to me/us, I/we agree as follows;

a) The information and material will only be distributed on a “need to know basis” to me/us, our senior executives or directors of our company, and /or professional advisers and financiers to my/our company, and I/we shall take responsibility that all parties involved will be bound to and will adhere to the terms of this agreement.

b) Any copies made of the information and material will only be for the purpose of internal communications and that a system will be instituted to facilitate the recovery of any such copies.

c) To undertake to return all information and material (including any additional copies) toTourism Brokers.

This undertaking shall not apply to information and material that;

a) At the time of provision or disclosure, or subsequently (through no fault of me/us) becomes in the public domain.

b) Was already known to me/us before the date thereof.

c) Is subsequently provided or disclosed to me/us by a third person who has the right to provide or disclose same.

d) Is disclosed by me/us pursuant to any law or order of any court, of any governmental agency or other regulatory body with whose instructions me/us are bound to comply with.

Although I/we understand that Tourism Brokers Pty Ltd, Tourism Brokers (QLD) Pty Ltd trading asTourism Brokers and the Vendor and their Solicitors believe that the material to be provided is accurate to the best of their knowledge, I/we acknowledge that no representation or warranty has been made or given as to the accuracy or completeness of any information or material obtained. I/we agree that neither Tourism Brokers nor the Vendor or their Solicitors have any liability to me/us or any of our advisers or representatives, arising from the selection or use of the information or material by me/us and any associates.