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      Accommodation & Tourism business for sale in Brisbane City

      • Accommodation & Tourism
      • Brisbane City QLD 4000
      • $12800000

      TTQJ1059A - Business For Sale - AccommodationTourism Great opportunity

      Freehold - Motel - Central Queensland
      SBX Business Code: TTQJ1059A
      Freehold motel accommodation facility consisting of 171 villas and rooms, recreational rooms, a fully equipped gymnasium, pool, various laundry buildings, a commercial laundry, complete power backup generators, reticulated Wi-Fi, car parking and roadways, storage buildings, commercial cold rooms, maintenance buildings, etc., were added as well. - The complex restaurant has also been extended and now seats 180 people..- The current operator will sign a lease to operate the business and return to the new owner a nett return of $800,000 per annum plus CPI.

      Potential
      Approvals for construction are in place to expand the complex by a further 220 rooms- Another multi billion dollar project is planned to commence construction in the area in 2020.

      Features
      Occupancy has averaged 92% over the last 5 years and is currently regularly running at 98%.

      Premises
      This freehold has a total area of 43,510 sq. mts.(10.77 acres) consisting of 171 villas and room accommodation.

      Location
      Situated in the centre of an area with more than $50 billion in infrastructure developments in Central Queensland.

      Trading Hours
      N/A

      Lease
      Freehold

      Employees
      N/A

      Comments
      The vendor wishes to continue to manage the complex for the new owner - Information Memorandum (IM) also available to interested buyers.
      Figures
      Weekly Sales $0
      Rent (ex GST) $0
      Wages $0
      Profit $0

      SBX Business Code: TTQJ1059A

      SBX Business Brokers - Sydney Business Exchange

      Business Highlights

      Business ID

      2013477436

      Last updated

      12 Jun 2018

      Category

      Accommodation & Tourism

      Map for Brisbane City QLD 4000

      Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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