SOLID 25 ROOM MOTEL ON LARGE COMMERCIAL DEVELOPMENT BLOCK - 2741MF

FREEHOLD $2,200,000

Key property features:

25 well-appointed motel rooms of varying size and configurations.
Off street parking for motel guests including large vacant area for trucks.
Sort after main road location with two street frontages.
Rapid growth area with strong investment and industry.
Long term opportunity to expand or develop site.
Continue as solid 3-star motel or upgrade and increase rate and occupancy.
Opportunity for continuous business growth.

This 25-room motel is on the main entry road to Rockhampton city. Opportunity to upgrade the motel or develop. All guest rooms have all amenities and facilities, and the large site has future expansion or develop potential.

The motel has now recovered from a slow COVID-19 period and has a regular contractor and tradie following. Close to all amenities and only five minutes drive to the centre of town.

Set over 1 acre of land, the motel has six main buildings with all rooms having under cover parking and dual street access.

The property features an in-ground pool, large vacant lot, and ample storage. The commercial kitchen and dining area is currently not in use, but if reopened could offer an additional revenue stream.

Net Profit: $179,671 for 2021/22

Contact Richard O'Connell from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2741MF (quote when enquiring)

Price	FREEHOLD $2,200,000
Location	Rockhampton City
Property ID	2741MF
Category	Motel

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