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Rockhampton City QLD 4700

Rockhampton City QLD 4700

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • For Sale, FREEHOLD $2,200,000

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

    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)

    Property Code: 4388

    Property Highlights

    Floor Area1 m²
    Land Area4,188 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2018240465
    Category
    Last updated  4 Mar 2024
    Map for Rockhampton City QLD 4700

    Property Highlights

    Floor Area1 m²
    Land Area4,188 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2018240465
    Category
    Last updated  4 Mar 2024
    170 Scarborough St Southport QLD 4215

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