Hotel, Motel, Pub and Leisure - Two freehold going concern properties with option of a further leasehold operation. Make an offer on one or the lot as the owners are Motivated to sell. 2,935 m2 for the Tavern and a further 3,380 m2 for the Pit Pony Apartments.
Pit Pony Tavern
Pit Pony Tavern has 10 coastal QLD gaming licenses. Tender 54 Coastal Operating Authority tender results for Coastal Machines of which Pit Pony Tavern has 10 was $198,668 each. (Average prices include GST and the contribution to the Queensland Government Consolidated Fund (CF) but exclude stamp duty and fees payable to the Public Trustee.). To replace the Coastal Operating Authorities for the property that is in excess of $1.98M alone in value.
Pit Pony Apartments
Combined Accommodation Turnover greater than $642,000 for 2022/23 and heaps of room for growth with huge projects coming online soon that should double the accommodation income.
Combined total turnover in excess of $3.7M for 2022/23 with significant projects happening in the area and mining they has 35+ year of known available resources available for supply plus additional areas.
In addition to this for the strategic hold, the offering also includes the Collinsville Motel.
Motel, owners are Motivated to sell.
EASY TO RUN LEASEHOLD MOTEL IN BOOMING COLLINSVILLE QLD.
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)
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.
Offers considered for Motel lease separately to Freehold Apartments and Freehold Tavern. Owners will consider all options.
Net Profit: $419,208 conservative for the 2022/23 financial year
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2825MF (quote when enquiring)
Price | UNDER CONTRACT |
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Location | Collinsville |
Property ID | |
Category | Hotel |