MASTER PLANNED HOTEL SITE SHOWING 12%+ ROI WITH FURTHER DEVELOPMENT OPPORTUNITY
This Master Planned offering is situated on approximately 10,000sqm, with a current operation of 52 Room Resort, Restaurant & Bar & Conference facilities, underpinned by a full Commercial Liquor License. The Masterplan allows for further development (all approved), this includes a large format Tavern and a further 32 dual key units.
The operation has exceeded all expectations of growth from opening to current trading platforms. FY21 has achieved 73% of gross sales for previous financial year. With the big success in accommodation sales, with 80% achieved in 7 months. The hotel is on track for a nett profit of over $900,000 for this period of 7 months. Forecasted to $1.4-$1.6 for full financial year.
Opened in November 2015 this opportunity includes:
* 4.5 Star 52 Room Resort management residence * 3 bedroom residence * 100 Seat restaurant * Swimming pool & gym * Conference Facility known as Rockhamptons largest * Located on Northern Access into Rockhampton * Situated on 3.81ha
All enquiries please contact Chris Cameron or Shane Mullins.
Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.
Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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