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Longreach QLD 4730
Sold on 1 Jul 2022

Longreach QLD 4730

  • Hotel, Motel, Pub & Leisure
  • Sold

Leasehold to Award-Winning Boutique Outback Property Showing 40% Return | Resort Brokers ID : LH007183

    This is your chance to secure one of Australia's most popular Outback experiences which delivers outstanding returns. Saltbush Retreat is an award-winning property in Longreach, Western Queensland, which has delivered a net profit of $1,030,000 over the past 12 months. This is an easy-to-run business and the experienced and highly motivated managers are keen to stay on and help with the transition. Saltbush Retreat is a rustic and beautiful accommodation that is truly unique. It somehow manages to successfully blend Australia's historical pioneering spirit with luxury and this is why it receives rave reviews from guests and from national and international publications.

    - Award-winning boutique retreat property
    - Brand new 30-year lease (10 + 4 x 5 years)
    - 44 keys, made up of huts, cabins and self-contained
    - Net profit of $1,030,000 over the past 12 months
    - Prime opportunity for expansion with expired DA to do a further 30 keys
    - Incredible managers who want to stay
    - Easily run, with no restaurant
    - Fully upgraded property including new air-con & hot water systems
    - Recently painted and no other work to do
    - Property inspections are by appointment only

    Property Highlights

    Date Sold1 Jul 2022
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018512456
    Category
    Last updated  3 May 2023
    Map for Longreach QLD 4730

    Property Highlights

    Date Sold1 Jul 2022
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018512456
    Category
    Last updated  3 May 2023
    362 Montague Rd West End QLD 4101

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