OPPORTUNITY TO SECURE A SIGNIFCANT BUILDING AND IMPROVEMENTS - 1925MF

SOLD

83 rooms under full management.
Huge growth in area expected.
Majority built 2009.
Large 2 bedroom plus residence above reception.
Glencore and others expected to open soon.

This is an opportunity to secure a significant building and improvements and cater/take overflow from Emerald. The distance between Emerald to Capella is 52 kms by road. A number of the freeholds in Emerald have been purchased for owner occupation and permanent workforce of recent times. This is in addition to being in position and prepared for the mining sector growth.

With a replacement value of the buildings more than $7.5M, the depreciation benefits alone from the property are enormous.

The area has a strong rural sector, and the agricultural activity includes the growing of a variety of grains (predominantly sorghum and wheat), sunflowers and beef cattle. The business exists in a number of forms, it’s bringing it in and creating the environment.

Nine Bowen Basin coal mines operate within an hour's drive of Capella. Capella is located on the Gregory Highway 949 kms north-west of Brisbane via Rockhampton and Emerald. Evergreen Farms are an hour away. Capella Coach Inn has been a trusted accommodation provider to the workforce for many years.

The main motel block fronting Peak Downs Street incorporates an acoustical wall which is an architectural feature of the motel's main frontage. All the rooms are spacious and modern, fully air conditioned and with quality four star appointments. They feature separate, contemporary ensuites with optional spa bath and a personal balcony, all at an amazingly affordable rate. Each room also has access to the pool and barbeque area and is right in the heart of the Central Highlands Region.

The venue is suitable to host a range of different occasions from workforce training events to wedding receptions, so the draw is significant.

Details Information memorandum available.

Net Profit: $280K+ huge growth expected under full management

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1925MF (quote when enquiring)

Price	SOLD
Location	Capella
Property ID	1925MF
Category	Motel

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