Just Listed

They Build Them Big On The West Coast - 2859ML

LEASEHOLD $1,250,000

The West Coaster Motel in Queenstown, Tasmania is for sale, offering a 15% ROI turnover exceeding $1,650,000 for FY 2023. Situated on 1.1 acres, it includes a three-bedroom home, a 3.5-star motel, and a fully licensed 110+ seat restaurant. Known for its cleanliness and exceptional service, it caters to tourists, workers, corporate clients, and groups.

 

Key features:

  • Centrally located near popular attractions.
  • 60 room motel.
  • New 30 year lease with starting rent of $250,000 (plus GST).
  • Consistent income, repeat clientele, and growth potential.
  • Well-trained staff and established systems.
  • On-site parking, laundry facilities, and group accommodations.

 

An ideal opportunity for lifestyle seekers or business owners looking for a turnkey business in a thriving tourism region.

 

Net profit is based on ‘mum and dad operation working the motel'.

 

Managers are in place, with one a chef running the restaurant with two apprentices, serving excellent culinary food for breakfast, lunch and dinner to guests, locals and tourists.

 

Net Profit: $375,657 for 2022/23

 

Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2859ML (quote when enquiring)

Price LEASEHOLD $1,250,000
Location Queenstown
Property ID 2859ML
Category Motel

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